Burial Insurance: What Is It?
It’s a small permanent life insurance policy, usable for anything
Whether it has a gentle name like “final expense insurance” or “senior life insurance” or is bluntly called “funeral insurance” or “burial insurance,” a variety of plans are being sold to people who want to make sure they’ve tied up their financial loose ends before departing this life. Beyond marketing, burial insurance is nothing more than a form of whole life insurance. Many insurance companies sell it, from smaller ones you may not have heard of to household names like State Farm and AIG.