Bio: |
Funeral insurance or burial insurance or final expense insurance is a special type of life insurance. It is designed to cover final expenses like the cost of funeral services, burials, unpaid bills, loans, etc. You make payments to your insurance provider throughout your life, when you die, your beneficiaries receive the death benefit, a lump sum from them. There is no limit to the number of beneficiaries. Once all your expenses have been covered, the money left can be used by the beneficiaries as they may like. |