A good burial policy will give you the peace of mind that your loved one won’t be left with the financial burden of a funeral. The burial or final expenses policy pays a cash payout to your beneficiaries upon your death. This money can be used for anything, even though it is often used to pay for cremation or burial costs.

We looked at more than the best burial insurance policies. We analyzed factors such as premium cost, maximum coverage and ease of application. Also, we considered the waiting period before benefits will be paid. Continue reading to find out which companies made our top list for burial insurance.

In the US, you can buy burial insurance from regular insurers, funeral homes or online. The application may ask you a few simple health questions. You will not have to undergo extensive medical exams. You can also choose a guaranteed issue life insurance policy without undergoing medical questions. This is for those who have serious medical conditions. A guaranteed issue life insurance policy will not require you to answer any medical questions. But it will cost you more.

The final expense whole life insurance option is not the only one to choose. Some people do not like this option, and may want to choose another option. Another option is a prepaid funeral plan. Using a pre-paid funeral plan allows you to set up a contract directly with a local funeral home. You can choose the funeral service, and the funeral home will tell you how much it will cost.

Mutual of Omaha has a permanent plan that covers burial expenses. Their coverage limit is will give you the peace of mind needed, and they offer no medical questions. USA Life Team can help you find the best burial insurance company for your specific needs. A good funeral insurance policy can cover the costs of a loved one’s burial. The cost of this policy depends on your age. The monthly premium depends on your health, but it is a worthwhile investment.

If you’re in need of a permanent policy, consider the burial insurance “paid-up” option. It is a term life insurance plan that ends premium payments at 95, but the benefit period will still continue throughout your life. A paid-up policy is ideal for people with high-risk health. This type of insurance is often cheaper than a standard life insurance policy. This type of funeral insurance is the best.