Death is a morbid thought. But it is inevitable. Strange as it may seem, there is a cost for dying too.

Burial insurance is the best way for you to make sure that your family members won’t have to pay for your burial and other final expenses such as legal costs, debts left behind, and funeral or cremation expenses out of their pocket.

Here are some reasons why you should get burial insurance in Texas:

Life insurance may not cover it all

Many people don’t buy burial insurance because they already have a life insurance policy. But every term life insurance policy expires once you reach a certain age. You will receive a payout but you may also spend that money. But burial insurance never expires. Your family is guaranteed a payout at the time of your death.

Also, the possibilities are that you took the life insurance policy quite a while back. And it may not cover your final expenses. Even if it does, you would want the life insurance money to be spent by your family members for their own needs and not to pay for your funeral and other outstanding expenses.

Some life insurance policies even take a long time to process. This would add to your family’s suffering. With burial insurance that would never happen. Your family members would spend more time remembering you than arranging for your funeral expenses.

Will make your funeral affordable

A funeral can be expensive. With burial insurance, your family can conveniently pay for the coffin, the funeral home charges, the memorial service, the headstone, and also the flowers. They may even have money left to spend as they deem fit.

Prevent overspending

Emotions run high when people grieve for their loved ones. In order to express their love for you, your family members may end up spending too much. But with burial insurance, there will be a clear plan as to how your funeral would take place.

It is flexible

If you have made arrangements with a local funeral home, you cannot transfer the benefits to another funeral home. This means that if you die at any other place than where you had imagined, the money will not be transferable to any other funeral home that will be taking care of your last rites.

But if you invest in burial insurance, your beneficiary will get the funds irrespective of which funeral home that money will be used in. Burial Insurance travels with you, no matter where you may live in the future.

It is inexpensive

Compared to a whole or term life insurance, burial insurance can be bought for small amounts. There are several options to suit your budget. And as long as you pay the premium, you don’t have to worry about anything.

It is easy to qualify for

It is easy to avail burial insurance in Texas. Unlike other insurance policies, you don’t need to go for a medical exam.

You just need to pick a policy of your choice and then complete the application. The application process can be completed online or over the phone or through an agent. The application can also be emailed to you. Generally, you will have to answer ten or twelve questions in the ‘Yes’ or ‘No’ format. And you are all set.

Can borrow against the cash value

Since a burial insurance policy is a whole life insurance policy, it will accrue cash value with time. The policy will allow you to borrow against the tax-deferred value of your burial insurance cover. This means that with burial insurance, you also get an additional potential credit line for emergencies. 

Be remembered the way you want to be

Without burial insurance, your funeral may be held as decided by the funeral home based on the services they offer. With burial insurance, you would be able to decide what kind of service you want. You will be able to leave clear instructions to your beneficiary so that the funeral is arranged as per your wish.

Conclusion

Burial insurance in Texas cannot lessen the pain and suffering that your family members would go through because of your death but it can reduce the stress and offer them the dignity that they deserve.