Funeral Insurance vs. Funeral Plans - 0 views

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  #1 Cody Hahn on 09 Mar 12

   

  
  Funeral insurance and funeral plans are two different methods to achieve a similar goal-preparing for the future. Whether you have funeral insurance or a funeral plan, you have thought ahead, and you want to make sure that your family is spared the financial burden of paying for your funeral.
  
  Funeral Insurance
  
  Funeral insurance is sometimes called life insurance because they are very similar and many life insurance policies make provisions for funerals and funeral costs. With funeral insurance, you contact an insurance provider, and you look at their different policies. In some cases, you will have to submit to a medical exam, and in some cases you will not be eligible for certain plans if you are above a certain age. If you are eligible for a plan, you start paying premiums. You might pay your premium monthly, every three months, twice or once a year, depending on your insurance provider and your preferences. You will often pay these premiums for the rest of your life. When you do die, the insurance company should cover the cost of the funeral and anything else that is outlined by your policy.
  
  Funeral Plans
  
  With a funeral plan, you are simply purchasing your funeral arrangements in advance. Instead of your family having to pay out of pocket when the time comes, you take care of the costs beforehand. Golden Leaves Limited is a UK based company that provides funeral plans. With them, you have a number of plans to choose from, which allows you the freedom to plan your funeral ahead of time, ensuring that your family will not be burdened with this responsibility.
  
  Once you have picked the plan you want, you pay for it. You can either pay the entire sum within one month or you can finance the amount for up to five years or longer, if needed. The first year is interest free, and you do not have to take a medical exam or anything like that. Once you have finished paying for the plan, you will not have to pay anything else even if prices rise. While your family might have to pay a small amount in disbursement costs (such as a minister's fee, for example), the cost of the funeral director's services will be covered. Unfortunately, most insurance providers cannot guarantee that your funeral costs will be covered in full.
  
  Both funeral insurance and funeral plans have their advantages. Sometimes the life insurance plan will include other benefits that make it worthwhile. Funeral plans, however, tend to be easier to attain and less expensive than funeral insurance. Also, with Golden Leaves, if you choose to cancel your funeral plan, you can receive a refund for most of the plan's cost. With funeral insurance, you cannot get a refund.
  
  Planning for the future is important, no matter which route you decide to take. Golden Leaves Limited is happy to help you learn more about their funeral plans, and they can even incorporate one of their funeral plans into your existing funeral insurance, so you should not hesitate to contact them today.
  
  
  
  Funeral Insurance vs. Funeral Plans

   

  <div class="cArrow"> </div><div class="cContentInner"><br />Funeral insurance and funeral plans are two different methods to achieve a similar goal-preparing for the future. Whether you have funeral insurance or a funeral plan, you have thought ahead, and you want to make sure that your family is spared the financial burden of paying for your funeral. <br /><br />Funeral Insurance <br /><br />Funeral insurance is sometimes called life insurance because they are very similar and many life insurance policies make provisions for funerals and funeral costs. With funeral insurance, you contact an insurance provider, and you look at their different policies. In some cases, you will have to submit to a medical exam, and in some cases you will not be eligible for certain plans if you are above a certain age. If you are eligible for a plan, you start paying premiums. You might pay your premium monthly, every three months, twice or once a year, depending on your insurance provider and your preferences. You will often pay these premiums for the rest of your life. When you do die, the insurance company should cover the cost of the funeral and anything else that is outlined by your policy. <br /><br />Funeral Plans <br /><br />With a funeral plan, you are simply purchasing your funeral arrangements in advance. Instead of your family having to pay out of pocket when the time comes, you take care of the costs beforehand. Golden Leaves Limited is a UK based company that provides funeral plans. With them, you have a number of plans to choose from, which allows you the freedom to plan your funeral ahead of time, ensuring that your family will not be burdened with this responsibility. <br /><br />Once you have picked the plan you want, you pay for it. You can either pay the entire sum within one month or you can finance the amount for up to five years or longer, if needed. The first year is interest free, and you do not have to take a medical exam or anything like that. Once you have finished paying for the plan, you will not have to pay anything else even if prices rise. While your family might have to pay a small amount in disbursement costs (such as a minister's fee, for example), the cost of the funeral director's services will be covered. Unfortunately, most insurance providers cannot guarantee that your funeral costs will be covered in full. <br /><br />Both funeral insurance and funeral plans have their advantages. Sometimes the life insurance plan will include other benefits that make it worthwhile. Funeral plans, however, tend to be easier to attain and less expensive than funeral insurance. Also, with Golden Leaves, if you choose to cancel your funeral plan, you can receive a refund for most of the plan's cost. With funeral insurance, you cannot get a refund. <br /><br />Planning for the future is important, no matter which route you decide to take. Golden Leaves Limited is happy to help you learn more about their funeral plans, and they can even incorporate one of their funeral plans into your existing funeral insurance, so you should not hesitate to contact them today. <br /><br /><br /><br /><a href="http://codyhahn511.bravejournal.com/entry/81365" rel="nofollow">Funeral Insurance vs. Funeral Plans</a></div>

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