It is a policy that covers the expenses and procedures related to the funeral and burial of an insured person. The aim is to avoid financial burdens and complicated procedures for relatives in difficult times.
Anyone can take out this insurance, regardless of age, although the price of the premium varies depending on the age of the insured, place of residence and the insured capital.
Death insurance covers funeral expenses and services. Life insurance, on the other hand, pays a sum of money to beneficiaries in the event of death, but does not manage the funeral service.
Insurance usually includes the transfer of the body to the place designated by the family, both within the country and from abroad, with all expenses covered.
Yes, usually the policyholder can choose whether they want burial or cremation , as well as other personal preferences that will be recorded in the policy.
The younger you are when you take out the policy, the lower the premium will be and you will be able to enjoy continuous coverage without significant increases in the short term.