Benefits of Covering Your Whole Family
January 19, 2017
More than often when one thinks of funeral cover the thought only extends to oneself. But you should consider the benefits of covering your whole family.
Although taking out a funeral plan is to cover the expenses left behind for family members once you died. To ensure that you are financially prepared for when this happens, you can take out a funeral insurance plan.
Covering family members such as your spouse, children and parents. Some funeral cover plans may even allow you to add up to thirteen extended family members. So you should consider covering your whole family.
Taking out funeral cover for family members can be very beneficial to you. Below, a few benefits:
Peace of Mind When Covering Your Whole Family
Deciding to be responsible for funeral insurance covering family members can offer you peace of mind knowing that their funerals will be taken care off when they pass away. Some family members might not legally be able to take out funeral coverage for themselves or may not have the finances of doing so. If you know that you will be left behind with the responsibility of arranging a funeral for that particular family member. A funeral cover plan will give you peace of mind that his/her funeral is safe.
A financial benefit comes with a funeral insurance plan. Having a plan that includes family members will ensure that you do not have to provide such a big amount of money once off for a funeral. Funerals can be very expensive. So having a funeral cover plan in place will ensure there is no financial burden that accompanies the planning of a funeral.
When someone dies, one is rarely in the mood to plan a funeral. Funeral cover of a family member can ensure that you will have much-needed assistance in your time of grief.
Lump Sum Payouts
Cash payouts could come in handy especially if the family member who passed away had unsettled debts, bond repayments, etc. It will be of great financial benefit to family members left behind after the death of their loved one.
Added benefits to Your Plan when Covering Your Whole Family
Adding family members to your standard funeral cover plan can be beneficial to you as well. Some funeral cover providers will add extra benefits such as airtime payouts or grocery benefits to your plan at no additional cost. That will mean that you and your family benefits twice as much!
Having funeral cover for your family members will not only be beneficial to you. But will ensure that you get a chance to say goodbye to them in a dignified manner without breaking the bank.
For a FREE funeral cover quote, complete the form on this page and click on the “Get a Quote” button
All info was correct at time of publishing