$1* Buys $100,000
Globe Life Insurance
No Medical Exam—Simple Application
Free Quote—Apply Online
Fast Approval Process Full Coverage The First Day—Fast Approval Process
$2.17 for Children or Grandchildren
Term Life Insurance for Adults
Buy direct from the comfort of your home! It’s easy to buy. Online application can be completed in minutes. There is no medical exam—just a simple application.
Peace of mind for you and your family Feel secure knowing that money will be there for credit card bills, home and car loans, children’s and grandchildren’s future education and even your medical and final burial expenses.
Life insurance that fits your budget Choose the right coverage amount to fit your monthly expenses.
Whole Life Insurance for Children
Take the first step towards a financial head start for your child or grandchild Your child’s policy builds cash value for the future.
Benefits never canceled or reduced Once approved, your benefits will never be reduced or canceled regardless of changes in age or occupation.
Rates are guaranteed to stay the same for life The monthly rate is based on your children’s or grandchildren’s present age and is guaranteed to stay the same for the rest of their life.
Burial and Funeral Insurance
What is Burial Insurance?
Burial insurance, sometimes referred to as final expense insurance, is a life insurance policy designed to cover funeral costs and other final expenses like medical bills and even lost wages due to time away from work. Many burial insurance policies don’t require a medical exam to qualify, and they typically have a smaller face value than term or whole life policies. For this reason, the cost of burial life insurance policies is often lower than traditional life insurance.
Burial insurance is a popular option for seniors who no longer have children who are dependent on them financially, but still want some coverage for those final expenses. It is also an important part of the funeral pre-planning process for individuals and families who want to work out those details ahead of time and save money on funeral costs.
Should You Pre-plan Your Funeral
Once you have a life insurance policy and a good idea of funeral costs, you can start to document your final wishes, another benefit of pre-planning a funeral.
Globe Life and Accident Insurance Company is a leading provider of funeral and burial life insurance. Since it is our business to help protect your family’s well being, we are providing updated information on the benefits of pre-planning your funeral:
Should You Pre-plan Your Funeral?
The idea of pre-planning a funeral doesn’t have to be morbid. Funeral and burial costs, as well as other final expenses, can cause a financial burden forcing people to think about pre-planning ahead of time. Although it might not be pleasant to think about, pre-planning a funeral can have many benefits.
As Americans become increasingly aware of their personal finances, the process of pre-planning a funeral has become more popular and more common than it used to be. Once you realize the actual cost of a funeral and other final expenses, it becomes easier to realize how important pre-planning can be.
Pre-planning a funeral has many money-saving benefits. It’s important to understand the potential cost of your funeral. When you estimate the expense, it’s easier to prepare for it. It will also give you a better understanding of the financial burden it may put on your family if you don’t have a plan or adequate life insurance to help pay for the expenses.
This is often the motivating factor for people without life insurance to proceed with purchasing an affordable life insurance policy. Having a life insurance policy in place is an essential step for pre-planning a funeral.
Life insurance is often more affordable than most people think. Frist, decide what type of coverage you need. Term life insurance is a good option for adults because it is typically more affordable and easier to obtain.
Once you have a life insurance policy and a good idea of funeral costs, you can start to document your final wishes, another benefit of pre-planning a funeral. You can decide the details of your funeral ahead of time and review them with your family or include them in your will.
Having an updated will is essential. If something unexpected happens to you, your family will know exactly how to handle your finances, possessions and other material things.
Depending on the individual, there are many things to consider. These ideas are good start in the right direction to start pre-planning your funeral. You can rest assured knowing your final wishes will be taken care of the way you want, and your final expenses will be covered leaving less burden on your family.