Today I've seen three commercials advising seniors to buy a life insurance policy to cover funeral expenses and have money left over for the family. Are these legit and if so, is there anything in the small print to watch out for?
Funeral Life Insurance Policies
| by Anonymous | reply 7 | April 12, 2021 10:24 PM |
Who the hell would buy life insurance to cover a funeral??
If you can’t afford a lavish funeral, don’t have one
| by Anonymous | reply 1 | April 12, 2021 12:39 AM |
Many of these policies don't pay for two years. If you die in that time they give you your premium back.
| by Anonymous | reply 2 | April 12, 2021 12:44 AM |
Cremation costs less than $2k. If you can’t afford that, donate your body to science. To spend $10-12k to be buried in the ground is idiotic.
| by Anonymous | reply 3 | April 12, 2021 12:54 AM |
The funeral industry is a scam
| by Anonymous | reply 4 | April 12, 2021 5:31 PM |
What r3 and r4 said. Funerals are the biggest waste of money, next to weddings. I'm hoping that our current preferences for burials, embalming, etc. die out within the next few generations.
| by Anonymous | reply 5 | April 12, 2021 8:02 PM |
A friend's family was told that embalming was "customary." After the funeral with a two-day viewing, they learned embalming isn't necessary until body is on display for 72 hours. He didn't mention how much the formaldehyde cost them.
| by Anonymous | reply 6 | April 12, 2021 9:37 PM |
Cremation. If your friends want a ceremony of some sort, they can hire a room in a pub, a restaurant, a meeting space.
It's ridiculous that people spend large sums of money for funerals.
| by Anonymous | reply 7 | April 12, 2021 10:24 PM |