Planning for the inevitable is never easy, but it’s one of the most thoughtful things you can do for your loved ones. For residents of Baton Rouge, Louisiana as well as New Orleans and surrounding areas, securing burial insurance ensures your family members are not left with the heavy burden of end-of-life expenses which consist of both funeral expenses and burial expenses.
Would you like to speak to a local agent about Burial Insurance?
I would like to walk you through the essentials of final expense insurance, how it works, and why it’s a smart choice for protecting your beneficiaries you will leave behind.
What Is Burial Insurance?
Burial insurance, also referred to as final expense insurance, is a type of life insurance specifically designed to cover funeral costs, medical bills, and other related expenses. Unlike traditional life insurance policies, these plans offer smaller insurance coverage amounts, usually between $2,000 and $25,000.
They are accessible to those that are healthy as well as those with pre-existing health conditions or who may not qualify for other forms of insurance plans due to underwriting requirements.
Some burial insurance policies are guaranteed issue, meaning no medical exam or health questions are required. While there may be a waiting period of up to two years before the full death benefit is payable, this coverage provides peace of mind knowing your funeral service and associated costs are handled.
The rule of thumb to remember is the more health questions you can answer, the cheaper your policy premiums will be, and a good agent will guide you through that path.
Why Burial Insurance Matters in Baton Rouge
The cost of a funeral service in Baton Rouge can range from $6,000 to over $10,000, according to the National Funeral Directors Association.
With prices climbing for both traditional burials and cremation services, the expenses can be overwhelming for families. Having a life insurance policy dedicated to covering these costs alleviates this financial burden.
Local Funeral Homes in Baton Rouge
When planning for your final arrangements, you might consider the services of trusted funeral homes in the area, such as:
- Resthaven Funeral Home: Located on Jefferson Highway, they offer a variety of options, from traditional burials to cremation services.
- Rabenhorst Funeral Home & Crematory: With a central location on Government Street, they provide personalized services to meet every family’s needs.
- Greenoaks Funeral Home: Situated on Florida Blvd, Greenoaks combines professional care with facilities that accommodate large services.
These funeral homes are accustomed to working with various types insurance coverage, ensuring your death benefit is used efficiently to honor your wishes.
Don’t be confused, you will not assign a funeral home as your beneficiary. The beneficiary is your loved ones and they will receive the death benefit payments, not the funeral home.
How to Choose the Right Burial Insurance Plan
Choosing the right burial insurance policy comes down to understanding your needs and working with a trusted insurance agent. Here are some tips:
- Determine Coverage Needs: Estimate your funeral costs, including the type of service you prefer.
- Compare Insurance Plans: Providers like Mutual of Omaha and AIG are well-known for offering reliable final expense insurance with reasonable premiums.
- Understand Policy Terms: Look for details on the cash value, whether there’s a waiting period, and if it’s a permanent life insurance policy.
- Get a Free Quote: Most insurers provide a free quote to help you compare options. Local agencies like Lordes Insurance Group specialize in helping Baton Rouge residents find the right policy to fit their needs.
Local Expertise: Lordes Insurance Group
At Redbird, we promise to connect people with great resources and local is always our preferred method!
The Lordes Insurance Group, located right here in Baton Rouge, offers personalized guidance for selecting the best burial insurance.
Their experienced team understands the unique needs of Louisiana residents and can help you explore life insurance options tailored to your circumstances.
To get started, call their phone number to request a free quote and learn more about the insurance plans available.
Would you like to speak to a local agent from Lordes Insurance Group?
Why Choose Burial Insurance?
Securing burial insurance is a proactive step toward reducing the stress and uncertainty your loved ones may face after your passing. It ensures that your final wishes are met, covering funeral expenses and other costs while providing your family with financial and emotional relief.
Whether you’re considering a policy with Mutual of Omaha or a smaller life insurance company, take the time to plan ahead. Start by contacting a trusted insurance agent, reviewing your coverage needs, and ensuring your premiums fit your budget.
Planning for the inevitable doesn’t have to be daunting. With the right burial insurance, you can secure your legacy and provide your family with lasting peace of mind.