Buy the wrong type of insurance for this purpose: Term Life Insurance Whenever somebody buys a financial instrument like burial insurance or any other insurance or financial tool one of the first questions that one needs to determine is what is the purpose. There is a time and a place for term insurance. For example…Read More
Get a plan that may seem too good to be true… You may get a dozen to two dozen pieces of mail a month with very enticing offers, you may see commercials on TV or hear ads on the radio that have celebrities that we all know and trust speaking about final expense or burial…Read More
Procrastinate People tend to procrastinate that which they could have avoided. Getting burial insurance is not super exciting. Although it may provide Financial Security and peace of mind 4 you and your loved ones, it’s not uncommon for people to feel like okay I know it’s a point but love me look into this tomorrow.…Read More
Keep Shopping Around…for a better deal. Full disclosure. I do believe that an individual should not be pressured into buying something. Also, that it’s important to be an educated consumer and shopping around maybe the way to help you to better understand what the market is like and what options and opportunities you may have…Read More
Wait to Buy So you can take time to Improve your health So what sometimes happens, is there may be a burial insurance agent who discusses the cost prematurely. now, the reason why I say prematurely is not because we don’t want to tell or have the prospect know exactly what they’re going to be…Read More
Fool me once, shame on you. Fool me twice, shame on me. Italian Proverb (1651) Mistakes do happen, but no one wants to feel foolish especially when they could have avoided the potential problem altogether. That’s why companies around the world have an approach that helps them to minimize controllable factors. And I’m going to…Read More
Pros and Cons of Burial Insurance Work Benefit When one works at a corporate job or any job is an employee work benefits are important to be aware of and take advantage of. For example health insurance, 401K plans, (I unfortunately have come across too many people that don’t take advantage of their companies 401K…Read More
This answer to this question is simple: Nothing! You heard me right, the following four names are interchangeable, each one helps the policyholder pay their respective end of life expenses: Burial Insurance Cremation Insurance Final Expense Insurance Funeral Insurance The different terms used are merely a reflection of what term/message people around the United States…Read More
Before we can explain what Burial or final expense insurance is, it’s important to first Define what final expense or final expenses are or is. Define, Final Expense: In a very overly simplistic way, final expenses are those that are incurred when someone passes away. These may include purchasing of the plot, the casket, invitations…Read More
I know that others may have differing opinions regarding how many different types of burial insurance there actually is out there but I’m going to segment the types of final expense and burial insurance policies into three different categories. But before one can begin to understand these three categories, I would like to give some…Read More
