Funeral Cover with No Waiting Period?

Funeral cover with no waiting period should be looked at very carefully. This is not an industry standard and should set of some alarms. It might be a less comprehensive funeral plan - or even a scam. Below we will explain to you why there is a waiting period on decent funeral plans.

Some people might assume the waiting period on a funeral plan is there to trick clients. This is most definitely not the case. Finding a funeral plan with no waiting period will be like finding a needle in a haystack.

Funeral Cover for Extended Family

Most of us have less fortunate family members. Funeral cover for extended family members can possibly relief a lot of financial strain of the family. When it comes to family, most people are willing to go the extra mile. Most reliable funeral cover providers will allow a certain number of extended family members on your funeral plan.

Compare Funeral Cover

It’s important to compare funeral cover before you apply for your quote. We offer you all the benefits of the provider we represent. This gives you the opportunity to study every provider before you request your funeral cover quote. When you compare funeral plan, there are a couple of things you need to consider. Before you even look at different funeral plan provider, ask yourself the following questions:

Funeral Insurance vs. Life Insurance

Almost daily we get clients that don’t fully understand the difference between life insurance and funeral insurance. Although both products have similar outcomes, they don’t offer the same benefits. Both products are essentials in your basic insurance portfolio. By no means are one designed to replace the other - unless specifically designed to do so.

Who Needs to Get Burial Insurance

The easiest way to answer this question is simple. Everybody!

Most young people are covered with their parents until a certain age. Most burial insurance policies will offer a child cover up to the age of 21, unless the child is a full time student. Full time students will be able to receive cover to the age of 25. As soon as a child’s cover expires they are usually vulnerable.

Funeral Cover Explained

Everybody has heard the words funeral cover, funeral insurance, funeral plan or burial insurance - Now just what exactly does is this?

It's very simple, funeral insurance, like any insurance product will compensate you at the time of loss. In this case, it will be the loss of life. Inevitably, we will all pass away. Getting funeral insurance ensures that you have funds available to assist your family during this time.

Funeral Insurance will make funds available quickly after the death of an insured member. Usually funeral insurance providers will make funds available within 48 hours of a valid claim. This will make sure that the family or beneficiary will have funds available quickly.