Why is this important for me and my family?
Final expenses can be challenging to talk about with your family, but preparing for final expenses helps ease your family’s burden in a time of grief.
If you cannot afford to pay for your funeral, a burial insurance policy is likely worth buying because it can provide immediate peace of mind knowing your funeral bills won’t become a financial burden for your loved ones.
It can prevent your family from having to pay your funeral expenses which can easily exceed $10,000 for a traditional burial.
With burial insurance, your funeral plan is set—your family only needs to call Strawderman Financial and everything is handled for them, saving your family the financial stress of funeral costs. Funeral insurance is a final gift you give your loved ones.
Final expense policies are generally small whole life insurance plans meant to cover your funeral bills. The rates don’t change, the coverage stays the same and the policies never expire. Since they are meant for funeral bills, most companies pay out the benefits with 24-48 hours.
Burial insurance, also known as final expense or funeral insurance is in general a small whole life insurance policy with affordable premiums designed to pay all final expenses. No exams are required, serious health issues will not prevent acceptance, and coverage typically ranges from $2,000-$40,000 with most companies.
How does Final Expense/Burial Insurance work?
Some expenses that are covered with Final Expense/Burial Insurance:
Funeral or memorial service
Cremation or embalming
Venue, flowers and catering
Funeral cares, hearse and transportation
Professional and staff services
Casket, urn, outer burial container
Memorial books, stationary, keepsakes
Estimated cost of Burial Insurance
2400 Valley Ave Suite 2
Winchester VA 22601