Though it’s something most of us prefer to avoid thinking about, death is an inescapable fact of life.
When you’ve spent so much of your life looking after your family, the last thing you want is to become a financial burden when you pass away. You want your family to be able to grieve for you instead of them worrying about paying for your funeral.
This is where burial insurance, also known as funeral insurance, comes in. This type of policy is available for people over the age of fifty and pays out a lump sum that your family can use to cover your funeral costs.
It ensures that you leave this life with the same dignity you lived it. After all, most people don’t realize how expensive funerals can be, so few of us plan ahead. Thinking about our death is also not something any of us enjoy.
However, just like drawing up a will is the responsible thing to do, so is planning ahead to avoid causing your family financial hardship.
A burial insurance policy has a relatively low value in terms of benefits compared to other policies and ranges from $2,000 to $50,000. Premiums will vary based on your gender, age, and health.
When you take out the policy, you specify a beneficiary. Upon your death, that person will receive the money and do with it as they see fit. For example, suppose the policy is $35,000, and the funeral expenses were $15,000. In that case, the beneficiary can use the remaining balance to cover any unexpected costs, such as medical bills, hospice care, or even legal fees.
Funeral insurance policies differ from one insurance company to the other. Some are more expensive, some are more affordable, and they all have different conditions and requirements.
When you’re dealing with such a sensitive topic, spending time researching the best policy is the last thing you want to do. This is where Nexel Insurance Services shines.
We work with all the top insurance companies, so we have access to a wide range of policies. All you have to do is call us, and we’ll make sure to find the policy that’s the perfect fit for your needs and budget.
We also provide life insurance, term life insurance, and final expense coverage. In essence, when you come to us, you can be sure that when you leave this life as you lived it, namely as a self-sufficient, dignified individual.
Nexel Insurance Services is an independent agency, and we work with only the most respected insurance providers. We are, therefore, able to tailor coverage to meet your specific needs by picking and choosing the best policies for you.
Furthermore, our mission is to provide you with the outstanding services you expect from a Nexel company, which means we always go the extra mile.
Regardless of what you need, the Nexel Insurance Services team is fully dedicated to finding the right policies and discounts to ensure you get the coverage you need to enjoy complete peace of mind.