Is Burial Insurance Worth It?

Burial insurance, while perhaps less well-known than health insurance, life insurance, and other types of insurance, is still a vital part of the financial stability network that every individual ought to put in place over their lifetime. While the policy is often used to cover the costs associated with a funeral and interment, memorial service, and other end of life necessities; burial insurance is also an investment and security product. The beneficiary of the policy receives a no-strings-attached cash payout that can be used for whatever expenses he or she deems appropriate.

Burial Insurance can offer Peace and Stability

The period of time before, during, and after the passing of a loved one can be extremely stressful and emotionally draining. While money is certainly no substitute for the presence of a beloved family member, the fact is that the payout of a burial insurance policy can provide a cushion against financial strain that might otherwise intensify an already difficult and painful time of life. The security of knowing that expense need not be a concern can ease the emotional burden of decisions that need to be made surrounding funeral, memorial services, and other necessary arrangements.

Burial Insurance Does Not Require A Medical Exam

If you’ve purchased other forms of insurance, you may be picturing a lengthy and involved underwriting process that delves deep into your medical and personal history. Not so with burial insurance. In fact, there is no requirement for a medical exam at all. A few brief questions answered on the initial online forms will provide all the health information needed to identify which policy is best for you, and provide you with a quote for your monthly premiums. Even if you are living with chronic pain, or other illness, there is a policy that will serve your needs. There is nothing more complicated than a possible brief waiting period standing between you and complete coverage.

Burial Insurance Carries Cash Value

As mentioned above, burial insurance is a tax-free, cash policy. It builds value over time and is a direct contributor to financial stability. With very low monthly or weekly premiums, and a guaranteed payout that will not depreciate, burial insurance is as secure and beneficial as a savings account. The cash value of the policy can even serve as a rainy day fund, since the value can be borrowed against in an emergency. It’s a great way to leave a financial legacy to a dependant or loved one, with lower risks than other investment products.

Burial Insurance Is An Easy, No-Hassle Process 

No medical exam, cash payout, no need to leave the comfort of your home– purchasing burial insurance really couldn’t be any easier. While there are professionals available at USA Life to answer any questions you might have, there really is no need to even interact beyond filling out a simple online form. In under twenty minutes, you can receive a free, no-obligation quote customized for your circumstances. If you do have questions about what burial insurance could mean for you, you can reach a USA Life Professional via chat box, text, or phone call. You owe it to your own peace of mind to explore the options available to you in this vital financial security product.

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