subject: Burial Insurance - A Definition of Burial Insurance [print this page] At the end of the term, your burial insurance policy will be up for renewal. Your rates will most likely increase when the policy is renewed, so be prepared to pay a higher monthly premium. It is best to select the longest term available when you are initially buying your policy. After you buy the policy, keep copies of the policy in a filing cabinet or other safe place. You may want to consider putting the policy in a safe deposit box at a local bank. If you decide to do this, make sure that the beneficiary has access to the safe deposit box.
Burial Insurance - A Definition of Burial Insurance
By: Mark Prip
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