When it comes to taking out insurance policies, one which is often overlooked, or sometimes not considered at all, is funeral cover. Unfortunately, life is unpredictable and as a result, a person needs to be prepared for the inevitable and take steps to safeguard their family and loved ones.

What is funeral insurance

Death is tragic but the costs of arranging a funeral can place added stress and a huge financial burden on the family. Funeral insurance is a policy which provides the family of the deceased with cover for funeral expenses.

Difference between funeral insurance and life insurance

When it comes to life insurance and funeral cover, people often believe they are the same. However, this is not the case.

Funeral cover will provide your family with the financial means to arrange your funeral without incurring large amounts of debt in the process.

Life insurance is a policy which is aimed at providing your family with financial security when you are unable to do so. Life insurance will cover your family financially  should you pass away  or find yourself in an unfortunate situation where you are unable to work due to an illness

While some people might not believe that they need funeral cover and life insurance, it is important to consider having both. By doing so, you can protect and safeguard your family from any financial burdens which they may face should the  inevitable happen.

 

Life insurance and funeral cover quotes

Life insurance and funeral policies will vary depending on your financial situation and what cover you opt for. Both policies are equally important and will provide your family and loved ones with financial security when they need it most.

 

For quotes or more information on life insurance and funeral cover, contact Old Mutual iWYZE on 0860 63 33 39.