Jul
14
2009
Life insurance can cover your funeral costs
Author: Byron UdellAt AccuQuote, we understand the importance of providing you with term life insurance so your family’s financial future will not be risk when you are no longer around. But did you also know that a term life insurance policy can save your family the burden of paying high funeral costs.
Funerals are among the top four priciest consumer purchases. According to the U.S. Federal Trade Commission, traditional funerals, including a casket and vault, cost about $6,000. And in addition to the funeral, extras such as flowers, obituary notices, acknowledgment cards, and limousines can add thousands of dollars more to the overall price tag. It’s not uncommon for a traditional funeral to cost well over $10,000 – $10,000 that your family may not have…
By having a term life insurance policy in place, your family will have access to a large sum of money that can cover the entire cost of your funeral – allowing them to keep their savings in the bank.
Use the Internet to compare life insurance rates and make sure you’re getting the best deal. In a matter of minutes you can have several life insurance quotes from top-rated companies.
