Is Funeral Insurance worth it? – Funeral Insurance NZ

2. Is Funeral Insurance worth it? – Funeral Insurance NZ Normally, people prefer to buy life insurance. However, life is uncertain and nobody can predict death. Death often comes as a shock; both financially and emotionally. The best we can do is to prepare for the same so that our family does not suffer. In this PDF, we will discuss whether funeral insurance is worth it or not! Also known as the burial insurance is purchased by some people to cover their death expenses and funeral costs to avoid any financial pressure. For many people, funeral insurance is a benefit of helping them plan for their final resting place where others think that it can be a waste of money. What are the advantages and disadvantages of funeral insurance? It is a good investment option if you have not purchased life insurance. Apart from the standard life insurance policy, it covers chronic diseases such as emphysema or diabetes, high-risk occupations like law enforcement, fire-fighters, and high-rise construction workers, and elder people. In such cases, burial coverage can help cover the offset of your final expenses. Moreover, if you are reaching retirement age and you have never saved money for your final expenses then you must opt for burial or funeral insurance. Disadvantages of burial insurance Coming to the drawback of the funeral insurance, its cost is quite high as compared to life insurance comprehensively. According to financial experts, it is better to put your money in a high-yield savings account. Conclusion We have discussed the pros and cons of the funeral insurance, make sure to make a wise decision. For more information, GET IN TOUCH GET IN TOUCH Funeral Insurance NZ Funeral Insurance NZ 0508 746488 Email: Email: paul@insurancehelpline.co.nz