Nobody would wish for a grand lavish funeral as that of an
Egyptian king. However, even the smallest funeral is expensive. And this burden
is imposed on the loved ones. One can choose the option of funeral insurance.
The article helps the buyer to get the best burial insurance
Estimate the final expenses
The person buying the insurance should calculate the costs
involved. Apart from this there are also final medical bills, living expenses,
legal costs (to obtain death certificate, to get a plot at the cemetery, etc.),
credit card bills, etc. Create a rough estimate
Calculate
Determine if enough money can be left over for the loved ones
after covering the expenses. Consult a financial advisor to find this.
Calculate if the survivors have immediate access to pay the bills along with
funeral and cremation costs. If yes, the money should reach them on time.
Decision
Based on the above factors make a decision. If a person does not
have enough funds to cover the final expenses then final expense insurance is
a good option. Even if the person has enough money, one will not want his
estate to be depleted by his final expenses. An insurance policy will help to
avoid this situation.
No comments:
Post a Comment