How Funeral Service Insurance Works

It is an unfortunate fact of life that lives need to come to an end at some stage in time or another. The issue is that when a person's life comes to an end they generally leave loved ones behind. It's our loved ones that we should be thinking of when it comes to considering our passing, not how we will feel about it. There are a lot of things that the friends and family will need to deal with and worrying about how to pay for your funeral shouldn't be among them.

That's exactly where funeral service insurance coverage comes into play. Funeral cover is there to give your friends and relations the financial help that they may need to cover the cost of your own funeral service. If you think about what some people wind up having to pay for funerals and memorials this is definitely a good form of insurance coverage to have. This is a look at how it really works. For more information on accident and insurance go to

The majority of types of funeral service insurance are rather cheap. You can aquire a few tens of thousands of cover for under a hundred rand a month in premiums. The amount that you pay will generally be based on your age and a few other risks, however, you won't be assessed in quite the same way as you would if you were trying to get life insurance or critical illness cover. The requirements are much looser.

Once you have begun to pay your rates there will usually be a couple of months waiting period. The period will vary from policy to policy and you need to read the fine print of your policy paperwork to figure out how long you will have to wait prior to being covered. As soon as that waiting period is done you can relax and just need to ensure that you pay all of your premiums.

Whenever you pass away your spouse or even family friend will have to present the insurer with a death certification. This will prove to the insurance company that you have indeed passed away and that they have to pay out the value of your coverage. They'll usually do so within a couple of days of being presented with the certificate. This will then enable your family members to plan and schedule your own funeral without having to worry about how they are going to pay for it. You may have to specify who to make the payout to though. It differs from policy to policy.

As you can see, a funeral service policy is a great idea as it can certainly save your loved ones lots of stress and permit them to get on with the actual grief process without having to worry about how they are going to pay for your funeral. Your passing will be tragic enough and you do not want to place additional or financial stress on those that love you by forcing them to pay for your funeral too. Rather be prepared and have all of your individual insurance coverage taken care of from the beginning.