Burial Insurance - Deciding How Much Coverage You Need
If you do not have any other life insurance policies
, you should think about purchasing a small burial insurance policy. This way you will be preventing your family from undue stress at the time of your death. If you are young and single, your parents would be the ones paying for your funeral should you die. This is not fair to your parents because they will be approaching their retirement and will not want to spend several thousands of dollars on a funeral. It is a good idea for anyone to buy this type of insurance so that family members are not placed into a bad financial situation in the event of a death.
Burial Insurance - Deciding How Much Coverage You Need