When Should You Take Out a Funeral Policy?
Category: Funeral Insurance
Although death is inevitable, it’s nearly impossible to know when it’s your time to go. So how do you plan for an unexpected event? Funeral insurance can help to make sure that the funeral expenses of yourself or your loved ones are covered, even in the event of an unexpected death.
However, if you’re young, have no dependents and no significant debts, funeral insurance is probably not a priority for you. Still, it’s worth remembering the benefits of contributing to a funeral plan from early on in life.
Funeral Insurance Against Your Death
In the event of your own death, having adequate funeral cover ensures that the costs of your funeral will be covered at a time when your family and loved ones are at their most vulnerable. Having a funeral insurance policy for yourself will also help your loved ones with other costs that they have to cover, such as transport and food for the funeral, as well as other ongoing monthly expenses.
Funeral Insurance For Your Family
Thinking about the loss of loved one can be hugely distressing. Unfortunately it’s essential to take practical steps to plan for the future and protect the well-being of your surviving family members. If someone in your family dies, funeral costs will put sudden strain on the household budget.
By investing in a funeral insurance policy you’ll be able to protect yourself against this financial shock. Funeral insurance policies can also be extended to your partner, children, and even your parents and parents-in-law. These products provide a cash amount upon the death of any person covered by the policy.
By starting a funeral plan early on in life, you’ll be able to pay a modest monthly premium that covers both yourself and any of your dependents. This means that you won’t leave loved ones behind with the added blow of financial burden and debt.
Hollard Funeral provides affordable funeral insurance with a wide range of optional add-ons. To find out more about when and how to protect you and your loved ones from unexpected funeral costs, read about our funeral plans, or get a quote for funeral cover online.