A funeral is an essential way for a family to grieve, pay tribute to the deceased and deal with their own loss. Because of the emotional and symbolic weight attached to a funeral, the expense is nearly always considered non-negotiable. At the same time, high funeral costs can often mean that you need to use money that you’d usually put towards essential household expenses.
Planning a funeral for someone in your extended family – such as your aunt, uncle, or parents-in-law – can involve significant costs. Usually, planning their funeral would be the responsibility of the deceased’s spouse. However, they may have already lost their spouse, or the surviving spouse could be retired and not able to afford their partner’s funeral costs.
For a modest additional premium, an optional add-on such as a parent’s funeral benefit allows you to extend your funeral cover to include your parents and parents-in-law. This means that should they pass away, you’ll be able to cover the costs of their funeral through your policy and guard yourself against incurring debt.
Most funeral policies don’t require you to take out a medical exam, which means that applying for the insurance is a fast and straightforward process – even with an extra family benefit added on.
For a fuller understanding of a funeral policy with an extended family benefit, you may wish to speak to a qualified funeral insurance broker, who can discuss the different levels of cover available.
Need funeral cover that will pay for these and other funeral costs? Hollard offers a range of funeral plans to suit your individual needs. Or, we’ll call you and give you a quote that meets your exact requirements.
