Most Common Frequently Asked Questions On Burial Insurance

In this day and age, financial security matters more than anything else. This is why the insurance market has opened itself up to provide all sorts of insurance policies. Burial insurance is one such policy.

Everyone knows that it is terribly hard to lose a loved one. During this period of grief and solemnity, the last thing your family members need is to be burdened by hard-hitting funeral expenses. This is where the concept of burial insurance is born.

If you’re unaware and skeptical of the idea of purchasing a burial insurance policy, follow this set of frequently asked questions in order to gain a better understanding of it.You should calculate burial expenses and try to reduce the future funeral expense.

Burial Insurance FAQ


  • What exactly is burial insurance?

To put it simply, burial insurance is an insurance policy wherein you pay your way through a fixed premium period and the insurance provider pays for your funeral later. The insurance policy will cover the policyholder’s funeral expenses as well as take care of any last needs or wishes of the policyholder.  

  • Do I need it?

Yes, you do and here’s why. There is no doubt that your funeral will be hard on the people in your life. At this time of great pain and grief, the last thing you want to do is to leave them holding the bill. If you’re one of those people who always like to be prepared and plan ahead, it’s another reason to plan further than your lifetime and be insured for your burial.Good insurance will help you to pay funeral expenses. You should know how does burial insurance work.

  • Is it different from pre-need funeral insurance?

Yes, it is. While a simple burial insurance policy allows your loved ones to be reimbursed for expenses incurred in funeral service charges, a pre-need funeral insurance policy directly wires over the insurance money to a funeral home of your choice. This policy also saves your family from a ton of paperwork.

  • How much does it cost?

The cost of a burial insurance policy is completely dependent on the type of policy you choose. It also depends on the type of funeral service you want. A grand service will attract higher premium rates whereas a modest service will make for cheaper monthly premiums.

  • Where can I apply for it?

There are many ways to purchase burial insurance. The most common method of buying it is through an insurance agent. You can also approach a few funeral homes as well as research online to compare premium rates and policy benefits.

  1. Should I apply for it even if I have life insurance?

You can, if you want to. Burial insurance is a form of life insurance. Its only aim is to cover costs incurred after your death. Burial insurance is also way cheaper than most life insurance policies. They often serve as a viable alternative for people who don’t have life insurance or were turned down by life insurance providers.

  1. Can I still buy it even if I have health issues?

Yes, you can. This is where burial insurances trump life insurances. Purchasing a burial insurance does not require any form of mandatory medical examinations. Unlike life insurance policies, applicants are only required to declare basic information such as age and smoking history. Many burial insurance schemes are pre-guaranteed.


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