funeral insurance insurance coverage1160 .pdf
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funeral insurance insurance coverage
Funeral insurance also called burial insurance is one of those financial products that you know
you are going to utilize in your life. Even though none of us can be certain when we will pass
away we know for a fact that we will and when we do there will be costs to be paid. Buying funeral
insurance is having financial security that once we pass there will be money to pay for our burial
and if we so choose for the burial of the people we love. There are a variety of advantages
associated with funeral insurance
Peace of mind
Having a funeral insurance policy permits you the peace of mind knowing that in the event of your
passing your household will not be burdened with the costs connected with planning a funeral.
Funerals could cost well over R15 000. Your coffin, burial plot, transportation of body and family
members, flowers, food, and the printing of burial leaflets etc. This is funds which your family will
have to source in a brief time frame. Can they find the money for these kinds of costs? Buying
funeral policy will give you the reassurance understanding that during your death your burial will
be taken care of and your family can focus on the grieving of your death.
Funeral insurance will provide you with financial security. When buying a funeral insurance policy
you understand exactly how much money is going to be available to your beneficiaries in the
event of your death. You may think that one could just save that money in the bank, but are you
self-disciplined enough not to touch that money? And also are you aware that when you pass on
your property is going to be frozen until reason for death is ascertained and your estate has been
tied up? A policy allows you to set aside money each month towards your burial and even if you
perish without paying in the full amount you will be secure in knowing the full sum is going to be
paid out to your family in a short period of time.
Attending to funeral arrangements
Dependent on the form of funeral policy you decide on you can also feel content knowing that
your burial preparations is taken care off. You can choose together with the funeral insurer the
sort of burial you want, where you would like to be buried, the flowers you want at your funeral
and many other requirements, so that whenever you pass on, your family does not have to worry
about these details. If you would like a little more info on insurance quotes, simply see: cheap
online car insurance
You will find funeral insurance for as low as R20 monthly available on the market therefore you
know that it is affordable. Regardless that the cheaper the insurance policy the more basic the
cover, at least you will be able to cover some of the expenses and reduce the burden on all your
Selection of insurance policy variations
You may choose all of the the bells and whistles you want for your funeral by being able to
choose from a number of different policy kinds. There are many policy types to select from and
each cater to the particular requirements of particular markets. You will be guaranteed to find a
funeral policy which fits your needs as well as your pocket.