How much life insurance do i need and what type of plan will help me provide for my funeral?
Studies of funeral costs in the recent past indicate that the average funeral may cost around $6,5000 to $7,000. These costs take into consideration the cost of a burial plot, casket, headstone, memorial, and other related costs.
There are small life insurance plans available that offer coverage to help provide for funeral and burial costs.
Top carriers offering these plans include Globe Life, Colonial Penn, Mutual of Omaha, and AARP/NewYork Life, among others.
Usually, funeral life insurance plans offer up to $15,000 of life insurance coverage and there's no health examination required. You can get a free quote and apply online for your policy.