Burial Insurance
Burial insurance is normally what is used to cover the cost of funeral homes, cremation, headstones, and other services related to funerals. It refers to a death benefit that is on a whole life insurance policy, and the payout can range from around $5,000 to $25,000.
Burial insurance is normally purchased for the sake of costs for you and can help pay for the costs of funerals for up to the entire family. This policy will cover services such as cremation, embalmment, burial, and things such as a casket or urn, headstone, hearse, plot, and flowers.
Like many other types of insurance, burial insurance costs less if you purchase it at a younger age. It is not very common to factor in funeral costs when people purchase life insurance, but it is an integral part of the process. Contact your insurance provide to ask about your needs for burial insurance.