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When a loved one passes away suddenly, it can be devastating to discover that they had no insurance or dedicated funds set aside to pay for the funeral. Unfortunately, funerals are not cheap, and...
Amicable Society for a Perpetual Assurance Office, established in 1706, was the first life insurance company in the world.. An early form of life insurance dates to Ancient Rome; "burial clubs" [3] covered the cost of members' funeral expenses and assisted survivors financially.
Some also allowed for insuring money to be paid on the death of a member. [1] Not-for-profit burial societies still exist today. For-profit companies also provide funeral insurance. Jewish communities often include a burial society known as the chevra kadisha, which also covers performing the necessary Jewish funerary rituals and ceremonies.
Burial insurance is an old type of life insurance which is paid out upon death to cover final expenses, such as the cost of a funeral. The Greeks and Romans introduced burial insurance c. 600 CE when they organized guilds called "benevolent societies" which cared for the surviving families and paid funeral expenses of members upon death.
Relatives of Lokesh Potabathula have set up a GoFundMe to help cover medical expenses for injuries he sustained in a “devastating” head-on collision in Johnson County and funeral expenses for ...
Donald Trump reportedly declared “it doesn’t cost 60,000 bucks to bury a f***** Mexican” after receiving the bill for a murdered soldier’s funeral which he had previously offered to pay ...
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