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2. Burial insurance: How it works and how much it costs - AOL

   www.aol.com/finance/burial-insurance-works-much...

   This is a small permanent life insurance policy that pays out a death benefit — usually anywhere between $5,000 and $25,000 — intended to cover these costs. ... also called pre-paid or funeral ...

3. Average funeral cost - AOL

   www.aol.com/finance/average-funeral-cost...

   According to the National Funeral Directors Association, the average cost of a funeral ranges from $6,280 to $8,300 as of 2023. Life insurance could provide your family with financial security and ...

4. Life Insurance: How to Choose The Best Option for You ... - AOL

   www.aol.com/life-insurance-choose-best-option...

   Life insurance pays money to your beneficiaries should you die while the policy is in force. Temporary and permanent policies are designed to cover end-of-life expenses, remaining debts, and ...

5. How life insurance payouts work - AOL

   www.aol.com/finance/life-insurance-payouts...

   Here’s a breakdown to help you understand how life insurance pays out: Cash value component: ... they might access $100,000 to cover medical expenses, reducing the payout to beneficiaries to ...

6. Life insurance - Wikipedia

   en.wikipedia.org/wiki/Life_insurance

   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.

7. Final expense insurance - AOL

   www.aol.com/finance/final-expense-insurance...

   Final expense insurance is a straightforward option designed to help cover end-of-life costs, such as funeral expenses, medical bills and outstanding debts.