Burial insurance is a type of permanent life insurance policy that provide a small amount of lifetime life insurance protection used to pay for your final expenses, including the cost of a burial, funeral, and other end of life expenses.
There are several ways you may be able to find more affordable burial insurance policies, including the following:
- Shop and compare pricing and coverage from several insurance companies that offer burial insurance.
- Ask the insurance company or agent if they offer any discounts; such as, for seniors or veterans.
- Choose the right amount of coverage, the higher the amount of insurance, the more it will cost.
- Buy Now - Rates for coverage increase with age, so you want to lock-in the lowest rate as soon as possible.
There are several highly-rated insurers that offer burial life insurance plans, including Mutual of Omaha, Gerber Life, MetLife, and Colonial Penn, among others.
Learn more about finding cheap burial insurance for seniors.