Is a Burial expense insurance policy right for me and my family? Do I need a variety of types of life insurance to cover burial and final expense or will burial expense insurance be the only one that I require? Burial expense insurance death benefits are assigned to a funeral parlor unlike in final expense insurance where the family or relatives pay for the cost. If you want quality burial insurance provided by a New Jersey insurance broker that you can trust get in touch with Excalibur Brokerage. Burial expense insurance is a necessary part of protecting your family and loved ones in the event of their passing. Burial insurance can come in very handy to have. Planning for the inevitable future is often a great idea. While no one wants to lose someone they love, it is much better to have to face this time in your families lives with the comfort of knowing that the costs of burial are taken care of.
Excalibur Brokerage Offers Burial Insurance In New Jersey
A burial insurance policy can actually be a whole life insurance policy or a term life insurance policy. Don’t get caught in a bad situation, make sure your burial expenses are covered. In New Jersey burial insurance policies can be obtained from Excalibur Brokerage. We offer all types of burial insurance both whole life and term. Speak an insurance agent with Excalibur Brokerage to learn more about the burial insurance policies that we offer.
What other differences are their between burial insurance and final expense insurance? Generally death benefits for either are not high, in fact the range is usually between 5,000 and 25,000 in paid benefit. In some cases the amount can be higher than the aforementioned 25,000. When your insurance company pays the benefit to your beneficiary they can spend the money in a variety of ways. Often times if the benefit awarded is greater than the burial expense those extra funds are used for final expense costs, outstanding bills, legal costs and any outstanding debts you or your loved one may have had. Best to plan for the future of your family and loved ones call Excalibur Brokerage today.
You can reach Excalibur Brokerage at 800-652-9923. Don’t hesitate make the difference today.