You may have heard about burial insurance and are now wondering if this is a type of insurance coverage you can benefit from. Whether you are looking for coverage for yourself or a loved one, you will find that there are many benefits associated with this type of insurance plan.
It is a good way to prepare for the future and avoid any financial hardships following a loved ones passing. Purchasing a policy for yourself also allows you to lessen the burden for your family when you pass, so they can grieve without having to worry about how to pay the bills and cover all the costly expenses that continually pop up.
The following are just seven reasons you should choose burial insurance for yourself or a loved one:
1. No Exams are Necessary
To purchase burial insurance, you do not need to schedule any kind of exam to ensure coverage. There is no blood withdrawal, urine sample, or physical exam necessary. All you need to do is complete the application. The company will then review the information to determine your eligibility.
2. You Want Access to A lot of Coverage
There are many different coverage options to choose from for burial insurance. By being able to shop around, you will be able to find the policy that fits you best and helps meet your own specific goals. You will also find competitive pricing with the amount of coverage you want.
3. You are looking for fast approval
It is possible to have coverage as soon as a day or two following the submission of your application. There may even be same day approval processes if that is something you are interested in. Typically, the longest you will have to wait for approval is three days as they come to their decision.
4. You want more available options
With more options, you can customize your burial insurance experience to reflect your needs and wishes. There isn't just one coverage option that you can choose. There are many to choose from so you can find the best policy at the best value.
5. Want flexibility when it comes to your health history
Maybe you have health history issues and feel you won't qualify. With burial insurance, it is easier to qualify for than other products even when you are faced with health problems. Traditional insurance policies are never this easy.
6. The short and simple application process
Instead of having to fill out an application that is almost as long as your favorite novel, you will find that the application process for burial insurance is short and simple. It is a quick and easy application that you can complete online in as little as five minutes. If you prefer the phone, you can have it done in approximately 15 minutes.
7. Access to immediate coverage options
With burial insurance, you will find that it is easier for you to qualify for full natural death and accidental death benefits through your insurance coverage from the day the policy starts.