Sail on insurance

Before you buy burial insurance take a look at the following 15 quick tips:

1. Be aware of your state’s laws regarding burial insurance.
2. Discuss your options with members of your family lawyer and find out if it is in tune with your will and estate planning (if any).
3. Find out how much death benefit your will receive.
4. Before you seal business with a company, make proper research about them. Very your agent’s license if needed.
5.  If your state allows any “free look” period, take it.
6. Get a written price list of the things available at the funeral homes. They are bound by the FTC laws to do so.
7. There is no price guarantee for funerals. Rates may increase later if you do not lock in the prices.
8. Don’t do all of these alone. Get help from someone so that you can take better decisions.
9. All documents that you accept must be duly signed and properly filled in your presence.
10. Make sure that the funeral arrangements can be shifted to any other funeral home as per convenience.
11. Find out if there are any extra fees that you will be charged for any service.
12. What if the ownership of the cemetery changes? Find out what will happen then.
13. Make sure to receive your policy in a timely manner.
14. Keep a check on your account and make sure there is as least one statement telling you the status of your account each year.
15. Find out your options of canceling a policy, whether you will be reimbursed any money and for what.