What Does Burial Insurance Cover?

When a funeral arises, the last thing you want to stress you out is the cost. Burial insurance is the intelligent choice to relieve any financial burden to bury your loved one respectfully and with dignity.

Burial insurance coverage eliminates your worry and stress leaving you to focus on saying your final goodbyes and honoring your loved ones’ life. This is also a practical investment if you, yourself, are planning to have your burial insurance.

Read on to learn what a burial policy covers when a funeral arises.

Funeral Service

Burial insurance policies are designed to cover the costs of a funeral service, so they should cover the cost of the funeral service itself. However, it’s always best to check with the insurance company to be sure, as some policies may have exclusions or limits on what they cover. 

Burial insurance can be purchased as a standalone policy or as an add-on to a life insurance policy. Have a look for yourself.

Headstone Or Marker

Burial insurance is a type of insurance designed to cover the costs of funeral expenses and other related expenses, such as the costs of a headstone or marker. Most policies will provide a death benefit to the named beneficiary, which can be used to help cover the costs of the funeral or other related expenses.

Casket

Many people are confused about whether or not burial insurance covers the cost of a casket. The answer is yes, burial insurance does cover the cost of a casket. However, there are some things to keep in mind.

The first is that the insurance policy must specifically list the casket as a covered item. The second is that the policy must have enough coverage to cover the entire cost of the funeral, which includes the casket.

Cremation

Burial insurance policies generally do not cover the cost of cremation. This is because the insurance company considers the cremation process to be an “alternative” method of disposition, and most policies only cover the cost of a traditional burial.

However, some companies offer a rider or amendment to a policy that will cover the cost of cremation. Be sure to read the fine print of any policy before purchasing to make sure you understand what is and is not covered.

Other Final Expense Insurance

Many final expenses are covered by burial insurance, including the cost of transportation to the funeral site, mass services, finger foods, and as well as any other debts that the deceased may have. 

Burial insurance is typically purchased as a rider to a life insurance policy. The death benefit from the life insurance policy can be used to cover the costs of the funeral and end-of-life expenses.

Burial Insurance Helps Reduce The Expenses

Burial insurance is an important type of insurance to have to cover the expenses of your final arrangements. This type of insurance can help to ease the financial burden on your loved ones and can help to ensure that your final wishes are carried out.

If you are thinking about buying burial insurance, be sure to compare policies and coverage levels to find the best fit for you.

If you found this article helpful, check out our other great informative articles in our blog.