Wednesday, June 5, 2013

The Importance of Funeral Insurance Plans

Death is not a subject we like to discuss, or even think about in the first place. Nevertheless, we all know deep down inside that passing away from this world is inevitable in the end. Though in the past one's passing only touched people on an emotional level (at least for the most part), in today's bureaucratized world, the person's relatives are also forced to bear certain burdens on a financial level. More precisely, they need to not only plan the funeral, but also pay for it… and these days, funerals can cost a pretty penny.

Funeral Insurance

Thankfully, in the past few years certain companies have appeared with the purposes of easing this burden from those affected by it, and they accomplish that with funeral insurance plans. Explained as briefly as possible, these types of plans require one to pay a certain amount on a regular basis (weekly, or in most cases, monthly), and in the event of their demise a certain amount of money will be released in order to cover the funeral costs. Needless to say, the specific amounts and conditions tend to vary from company to company.

Such an insurance plan can even benefit those who aren't planning to have an expensive funeral. An unexpected death can really bring a family into a state of shock and confusion, during which they will also be asked to straighten out the deceased one's financial affairs. The insurance will be able to help with that and prevent the family from taking on a big debt during such a devastating time.

Of course, there are plenty of companies offering funeral insurance plans, and choosing the right one can be a bit difficult. While there is certainly no denying that there are numerous companies with attractive options, Funeral Insurance may very well be one of the best ones. For starters, they accept all applicants without discrimination, as long as they are between the ages of 17 and 80, as dictated by the law in Australia. They ask absolutely no health or medical questions during your assessment, meaning any illnesses you may be suffering from won't stand as obstacles in front of you.

Funeral Insurance provides a customized coverage on a case-by-case basis, though they do have plans that start at only $2 per week, and they can cover anywhere from $1,000 to $30,000 in funeral costs. If the death accidentally occurs within twelve months of signing the contract, then the benefit is paid in triple fold. In addition to that the first three months are free, payments can be made on a weekly or monthly basis, not to mention that after reaching the age of 90 you will be exempted from having to pay any premiums.

As hard as it may be to do now, once all is said and done, having a funeral plan will give you and your family peace of mind, knowing that you can enjoy the rest of your life without having to worry about what will happen once you or your loved one is gone. Considering it costs peanuts and acceptance is guaranteed, Funeral Insurance is at least worth a look (they also offer a free quote), if only to find out more about how such a plan could bear benefits.


  1. There are some profits of owning funeral insurance. Despite the fact that the principle concern is helping your family regarding money related expenses, there are additionally particular profits that you can have hinging upon the extent of the plan that you pick. Funeral insurance plan will support your family when your time is up on this world. Without needing to consider it, you can't markdown the way that you stress over them when something sudden befalls you.

  2. Yea even I agree pre-planning funeral gives you more benefits like reduce money expenses and family burden at the time of ceremony.

  3. Funeral insurance does not involve protection against an assumed risk; rather its purchase is tantamount to paying in advance a service to be rendered in a future time. This is a great way to wrap up your finances at the end of your life. This is to ensure that your dependents will somehow be financially stable to the extent of shouldering the funeral costs. Surely, no one wants to be a burden to their beloved, and this is the least you could leave them with if you were to have peace of mind.