What is Burial Insurance / Funeral Insurance?
Funeral insurance, often called “Burial insurance” refers to a whole life insurance policy with a death benefit between $5,000 – $25,000. The main attraction to this policy is the death benefit of covered funeral and burial costs, hence the policy’s nickname.
The policy can be supplied for the policyholder, or their loved one’s and family members. Only a few health-related questions are required for application. No medical exam is needed to qualify for a burial plan.