Funeral Insurance

If you are worried about how your funeral will look, what kind of coffin you will be laid to rest in, where you will be buried, your wisest decision will be to get funeral insurance. Funeral insurance isn’t anything like getting a policy designating your next of kin as beneficiary after your death. Funeral insurance is specifically bought to cover your funeral expenses when you die. It’s a type of life insurance. You choose where you want to be buried, by what funeral home, what kind of casket, what type of flowers and even what type of wake.

It really isn’t anything more than adding the type of funeral you want to your plans for your final resting place. How many people have already purchased their plot and paid for it because they don’t want someone else to decide where they will be buried? There are literally millions of people who have chosen their final resting place and have paid for their plot. Preneed insurance is merely an extension of those plans to include arrangements for the kind of funeral that you want by buying an insurance policy known as a burial policy. Of course, there are other insurance policies ranging from 5 thousand to 10 thousand payable to your designated heir but times being what they are, you can’t really depend on heirs to spend all of that money on your funeral.
Planning your own funeral with your insurance agent and getting a funeral policy is one way of having peace of mind that your funeral will be conducted according to your wishes. These burial policies are not really your typical term life insurance policies on yourself. And, not all states are happy about them. Florida has banned all burial policies because some very elderly people were buying policies and paying very high premiums which amounted to more than they would ever get in services.
That does seem to be an extreme measure to take since regulation of premiums would be a better option than depriving thousands of elderly people from planning for their own burial expenses and picking those types of expenses while living instead of depending on their heirs who might cut corners in an effort to pocket more of their deceased relatives funds. If a person wants to be buried in a velvet casket with 36 red roses on the casket, that should be their right and if a burial policy can assure them of the funeral that they want, that should also be their right to choose and not the states.