burial insurance
Funeral expense policy
Burial insurance is a type of life insurance policy designed to cover funeral and burial expenses.
The death benefit is typically small—enough for a casket, service, and burial plot—and policies are often marketed to elderly people with simplified underwriting: My grandmother's burial insurance covered everything.
Also called funeral insurance or final expense insurance.
- casketBurial container
- graveSerious and worrying
- preneedArranged before required
- beneficiaryDesignated asset receiver
- next of kinNearest living family members
policyholder · affordability · death benefits · coffin · premium · monthly payments · actuary · embalming · cremation · coverage limit · poverty line · low income · funeral director · payout · hearse · estate planning · headstone · urn
- funeralsfuneral, cremation, casket, coffin, funeral homes
- funeral planningfuneral home, funeral service, funeral director, prepaid funeral, casket
- insurancecoverage, underwriting, premium, claims, insurer
- life insuranceterm life, whole life, beneficiary, premium, death benefit
- funeral costsfuneral, casket, cremation, embalming, hearse
- debit insurancedoor-to-door sales, sales territories, policyholders
burial insurancehealth insurance
Protection against medical costs
disability insurance · long-term care insurance · annuities · savings plans · retirement accounts
burial insurancewhole life insurance
Coverage lasting until death
universal life insurance · legacy planning · term life insurance