In some countries, planning your funeral beforehand is considered out of the norm. It is believed that by thinking about death when you’re healthy and alive, you are bound to make mistakes that will eventually lead to your death before time. However, what people don’t understand is that by planning your funeral in advance, you are relieving your loved ones of a lot of burdens.
When a person dies, his or her loved ones are not in the right state of mind to make any big preparations. The pain is too much and all they want to do is mourn their dearly departed. When you think about this, planning a funeral seems like a logical decision. Not only does your family can mourn you in peace, but you can have the funeral just the way you’ve wanted. This is why it is necessary to get funeral insurance. Following are three ways how having funeral insurance from companies such as freedominsurance.com.au will help you:
1. No Financial Problems
There are various types of funeral policies that allow you to pay a premium according to your budget. These policies have a life time or limited date that gives you the benefit to choose one according to your health. When a person dies, the loved ones are left with the burden of covering the funeral’s expense. This expense can cause financial stress and a host of other problems for your family. If you were the sole breadwinner of your family, then spending all your savings on the funeral will leave your family with empty pockets. This insurance gives them the stability and ease of mind that everything will be taken care of and they won’t have to spend a penny out of their pocket.
2. Making Arrangements With Ease
A final expense funeral policy allows you to plan your funeral as you see fit. From the casket to the flower arrangement, the convoy, the bearers, the food and the wake – you can arrange all these things on your own terms. By locking a funeral policy earlier in life, you are able to save more at lower rates. You can opt for a steady premium and keep paying it till the day you die. Since, premium rates tend to increase as a person gets older, it’s better to settle with an insurance plan as soon as you can.
3. Stress Free Family
Since you have already made the arrangements, your family will not have to lift a finger in planning anything more. You can make it a condition that when you die, things are immediately put into motion the way you have preplanned and arranged for. All your loved ones will have to do is follow the instructions and make sure that everything is done on time.
The biggest problem that people face is that they have no idea which funeral policy to choose. If you already have a life insurance policy, you should look into it and see what death benefits it provides. In case you find it lacking in some aspects, you can go for final expense or burial insurance.