Life Insurance Information Library

ife insurance is an important component of a sound financial plan. Getting one is based on your personal lifestyle and financial capability. Buying insurance involves asking a variety of personal lifestyle and financial questions. If you are not already working with an insurance professional, you may want to consider the advice of a fee-for-service financial planner who can offer you an objective review of your insurance options. When you decide on what you want, there are many solid insurance companies to choose from.

The Benefits of Burial Insurance

Burial insurance, also known as final expense plans, is a type of permanent insurance. Unlike term life insurance and other life insurance policies, you don’t normally have to undergo a medical exam. If you are on a fixed income and have been turned down for a term life insurance policy, burial insurance is an option to ensure your funeral planning outcomes. Whatever you decide, make sure you research the insurance company, the type of policy, and speak with honest and credible experts to know if the policy you choose is right for you.

Coping: Dealing With Loss of a Loved One

Crying, feeling scared, angry, etc. are normal emotions people feel when they lose a loved one. By expressing these emotions, family members properly engage in the grieving process. Additionally, everyone has their own way of showing grief. Some people internalize their grief. Therefore, failing to cry at a funeral doesn’t mean an individual doesn’t feel pain. Everyone copes with loss differently, and there’s no specific time table involved.

Making the Right Choice: Cremation Versus Direct Burials

Before making the choice of cremation over direct burial, we encourage you to consider what death means to you. Planning a funeral is a task for the living, and it’s a choice that has to be well thought out. Before choosing cremation for its overall cheaper cost, consider what it means to have proper closure. Sometimes, direct burials offer closure and honor to a loved one who just passed and paying a little more may be worth the price.