Is burial insurance worth buying?
Yes it is. Death is always a sad, depressing and painful event. Having your family and loved ones worry about arranging money for your funeral and burial, while still grieving your death is a very unpleasant thought. Especially with funeral costs ranging between $7,000 and $10,000. The only way they can arrange such a huge amount in a short period is by taking a loan or using up their hard earned savings.
With a final expense insurance policy you can be at peace knowing that you wonโt have to burden your loved ones with worrying about the money for your funeral. The death benefits from most funeral insurance policies is around $5,000 to $40,000, which is most cases is enough.