You don’t wake up in the morning, turn to your spouse, and say “Honey, let’s buy some burial insurance.”
Who does that? Mostly no one.
Most of the time, people buy burial insurance upon death of a loved one. That usually is the impetus to get people going. So, you just apply with any old carrier.
Or, you receive a brochure in the mail which says something like, “Don’t hesitate. Set up your funeral costs now!”
Additionally, you see an infomercial on late-night TV regarding final expense cost.
You haven’t done anything, feel concerned, and make the phone call. Or, you apply!
We at My Family Life Insurance say: STOP! You might be doing yourself a disservice and applying in haste. Yes, there are some burial insurance policies you should avoid. In this article, we discuss the 5 types of burial insurance not to buy, and 3 you should consider.