Advantages of Funeral Insurance

Funeral Insurance

The Advantages

Funeral Insurance is one of the most affordable and convenient options available to protect your family from the burdening costs of an unexpected passing. With more insurance companies now offering final expenses insurance, finding a good deal that suits your needs is easier than ever.


The main advantage of funeral insurance is that there is no upfront or lump-sum investment required to protect your family. An agreed amount (or premium) is debited from your bank account or credit card. While these amounts continue to be successfully debited, the policy will remain active and your family is protected. The cost of funeral insurance will vary depending on the level of cover taken out. More information about the costs of final expenses insurance can be found here.


Every funeral will be different, and that is why funeral insurance can be tailored to suit your needs. The level and type of cover can be customised to ensure that the policy suits your budget. For example, some policies allow you to lock-in the cover of expenses and particular items. Other policies will deliver a cash benefit that your beneficiaries can spend as they see fit. Policies can also be taken out to suit your family. Cover for couples is usually cost-effective and easy to arrange.


Final Expenses Insurance can be arranged over the phone, generally without the need for any medicals. With a credit card, the first payment can be debited there and then. Once the policy has been set up there is nothing else you need to do. You can relax with peace of mind knowing that your family is insured against the unexpected.


Once the insurance policy has been arranged over the phone, cover is generally available instantly. It is important however, to read the fine print of your policy to find out if there are any restrictions on claims in the first 12 months.

As you can see, the benefits of funeral insurance are attractive and provide families with the peace of mind that they deserve. However, before you make a decision, it is important to see the full picture and understand that there are disadvantages of final expenses insurance.