Are you looking for a way to protect your loved ones from the rising costs of burial expenses? Burial Insurance may be just what you and your loved ones need to offset these expenses. Burial Insurance is a death benefit that is paid to the beneficiary listed on the burial insurance policy at the time of death of the insured person. These policies also accumulate cash value and are tax-deferred. The amount of cash value can be withdrawn in one lump sum and the policy cancelled or surrendered, or the cash may be withdrawn in terms of a loan against the policy.
Advantages to having burial insurance are simple. One, they are a fixed premium insurance, meaning that the premium amount never changes regardless of any health issues the insured may have. Two, they offer a cash-value tax-deferred option. Three, insured parties do not have to submit to a medical exam in order to purchase burial insurance. And finally, burial insurance guarantees that your loved ones will not be financially burdened with burial expenses after your death. This can be a great peace of mind for the insured and their loved ones.
Even though burial insurance may not be a pleasant topic, it is one that should be considered. Interested parties in the Lake Charles, Louisiana area have several insurance agencies that are ready and willing to help make this decision when the time is right. For more information, visit or call the following agencies:
K & B Financial Services, located at 3519 Patrick Street, Lake Charles, Louisiana. For more information, call 337-474-6454.
John Riche Insurance, located at 313 Alamo Street, Suite B, Lake Charles, Louisiana. For more information, call 337-477-7380.
Security Plan Life / Fire Insurance, Co., located at 612 West McNeese Street, Lake Charles, Louisiana. For more information, call 377-478-1114.
David Snider, located at 219 West Prien Lake Road, Lake Charles, Louisiana. For more information, call 337-540-1565.
Burial insurance should be considered if a person wants to have a life insurance policy for their entire lifetime, can afford the premiums of the burial insurance policy, are able to take advantage of the tax-deferred cash value of the burial policy and do not have any desire to take a medical exam. If this sounds like you, give one of these insurance agencies an opportunity to discuss what they have available by visiting their office or giving them a call. They may have just what you are looking for.