Are you planning to get insurance for yourself or your family? Well then, it is important that you make a wise decision. There are hundreds of insurance plans out there in the market, but if you are looking for a burial insurance, then it is important that you buy one only after a proper understanding of the numerous policies that are out there. Each policy provider has its own underwriting rules and the premiums to be paid vary widely from one provider to another. Not every policy is right for everyone and making a wise choice will go a long way in deciding the amount that you have to pay over the years and the kind of coverage that you get.
If you are looking for burial insurance, you must have come across the Lincoln Heritage Funeral Advantage Insurance that is available for people in the 45-80 age group and provides a maximum coverage of $20,000. The process of application is very simple. You just need to answer a few medical questions and you will be offered a policy according to the answers offered by you. However, it must be remembered that you do not qualify for the insurance if you have been diagnosed with a terminal illness, AIDS or have been in hospice care.
Another noteworthy insurance policy provider that you can think of opting for is the Colonial Penn. They provide three types of insurance policies, each with its own features, benefits, rules, etc. Of the three types, the Guaranteed Acceptance Life Insurance is the most noteworthy.