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

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

    Burial insurance is a type of whole life insurance policy that can be used to cover your burial and other funeral costs. You can generally purchase one of these policies after you turn 50 to help ...

  3. Final expense insurance - AOL

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

    Final expense life insurance, sometimes referred to as guaranteed issue, guaranteed acceptance, funeral or burial insurance, is a type of whole life insurance designed to cover end-of-life ...

  4. Average funeral cost - AOL

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

    Key takeaways. 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 ...

  5. Insurance - Wikipedia

    en.wikipedia.org/wiki/Insurance

    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.

  6. Child life insurance - Wikipedia

    en.wikipedia.org/wiki/Child_Life_Insurance

    Child life insurance is a form of permanent life insurance that insures the life of a minor. It is usually purchased to protect a family against the sudden and unexpected costs of a child's funeral or burial [1] and to secure inexpensive and guaranteed insurance for the lifetime of the child. [2]

  7. Juvenile life insurance - Wikipedia

    en.wikipedia.org/wiki/Juvenile_life_insurance

    Today, funeral and burial policies ("child life insurance") typically have a face value ranging from $5,000 to $50,000; [5] [6] do not require a medical exam, and provide the owner of an unused policy the choice of a distribution of the accumulated cash value or the option to convert the policy into a permanent whole life policy. [6]

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