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Life Insurance & Annuities: Frequently asked questions

Question:
What is funeral insurance?

Answer:
Funeral insurance, also known as "pre-need" insurance, is life insurance that you buy specifically to pay for your final expenses. Usually, the funeral home is listed as the beneficiary up to a certain amount, with the balance going to another named beneficiary.

There's more information on Tips for buying pre-need and final expense insurance here.

Back to frequently asked life insurance and annuity questions

 
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