Read More On Funeral Insurance For Over 60, 65, 70, 80:
With the prices of burial plans today, our parents cannot afford having funeral cover. Most of them consist of a pension that would supply them with their basic monthly needs and that is it.
If you know your parents cannot afford this, then you also know that if they die, you would have to settle the memorial service bills with cash. It can be quit expensive to give a loved one a proper burial. But, you can avoid this by taking out a burial insurance plan to cover both of your parents.
It will cost you a small monthly fee, because there are companies with affordable policies. This will help you avoid financial struggle when a parent or both dies.