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Final expense life insurance is a type of insurance specifically designed to cover end-of-life expenses, such as funeral costs and outstanding debts. Unlike traditional life insurance policies ...
Burial insurance. Burial insurance is a type of permanent life insurance policy with lower death benefit limits and is intended only to cover funeral expenses. It typically has a low premium, but ...
These pre-need insurance policies are designed specifically to cover funeral costs. You pay regular premiums until you die, and the funeral provider gets paid from the policy’s value. Funeral Trust
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person (often the policyholder). Depending on the contract, other events such as terminal ...
National Guardian Life Insurance Company (NGL) was founded in 1909 under the name The Wisconsin State Life Insurance Company as a stock company in Madison, Wisconsin. In August 1910 the company changed their name to Guardian Life Insurance Company and a month later the first life insurance policy - policy #1 with a face amount of $5,000 - was sold.
A burial society is a type of benefit / friendly society. These groups historically existed in England and elsewhere, and were constituted for the purpose of providing by voluntary subscriptions for the funeral expenses of the husband, wife or child of a member, or of the widow of a deceased member. Some also allowed for insuring money to be ...
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