When Buying Burial Insurance:

  • Buy it ASAP (premiums can get very high later in life)
  • You won't be able to buy it if you are 85 or older
  • If buying through a mortuary, make sure they are not the named beneficiary
  • Find out if the product is an immediate benefit or graded (delayed full benefit)payout
  • Don't buy more than you need to get you into the ground
  • Don't buy it if you are healthy
  • Make sure you can't get into a group plan first
  • Try to increase coverage on your current life policy
  • If you have the cash up front, a pre-paid funeral MAY be cheaper
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