There are a few possible benefits of burial life insurance. Some of the advantages include there being no age restrictions as there are on many life insurance policies. The cost is low as it only covers one's burial and funeral costs.
Monumental Life Insurance Company bought National Burial Insurance Company. Monumental Life Insurance Company will be honoring the burial insurance policies. (Monumental Life has changed names to Transamerica.)
Most life insurance companies will offer burial insurance as well. You can find a good sized list of companies at (http://www.burialinsurance.com/Burial-Insurance-Burial-Insurance-Info-Company-Information.html).
No, insurance death benefits are exempt from creditor actions.
No physical exam burial insurance may be available from an insurance agent in your area who specializes in burial or life insurance. Other options you may have include contacting insurers who offer simplified life insurance plans online including Colonial Penn, Garden State Life, and Globe Life Insurance. These plans usually offer up to $30,000 of coverage with a simplified application process, and no medical exam required.
Can Medicaid sieze the benefits of a life insurance policy
Options for covering funeral costs include pre-need funeral insurance, burial insurance, funeral trusts, crowdfunding, and government assistance programs like Social Security death benefits or veterans' burial benefits.
Monumental Life Insurance Company, 800-638-3080
Life insurance is not a scam. There are benefits and drawbacks to having life insurance, it simple depends on the person's needs.
What are the benefits of universal life insurance, and what are the possible drawbacks of this type of policy
This company offers group insurance benefits such as health insurance, dental insurance, vision insurance, life insurance, and disability insurance to its employees.
whole insurance
life will cover you for the long haul/ Death will cover the removal of the dead person and put it in the ground