I was recently talking to a prospective advertising customer that owns a Funeral Home in Longview Washington (WA) and the subject of Funeral Insurance came up when they said they sold Insurance that covers Funeral and other expenses when you pass away. I personally never heard of Funeral Insurance. So being the curious George that I am I thought I would look into it to see what Funeral Insurance was all about.
Reasons why Funeral Insurance should be a considered
When considering purchasing a Funeral Insurance Policy that covers the expenses of the Funeral and other related Burial expenses it is wise to take a family member or close friend along with you. You want someone close to you to be involved as when the need arises your wishes will be followed.
When electing to put in place a Burial or Funeral Insurance Policy be sure to make sure the Insurance Agent is licensed in your state. This might sound strange but make sure all the spaces are filled out and not left blank that anyone can fill out later. Keep the original copy of your Insurance Policy in your personal records. These records should be available to a family member or friend upon your death.
Here is a link to MSN Money article that I found to be a good resource of information:
http://moneycentral.msn.com/content/Retirementandwills/Planyourestate/P43417.asp