Prepaid Funeral Vs Life Insurance: Which Is the Better Final-Expense Plan

One of the most important pieces of your final-expense planning will concern funding options. Whether you plan to be buried, cremated, or donated to science, a critical question is: How will you cover your end-of-life expenses? Two popular options are life-insurance policies and prepaid funeral plans. (To make matters more confusing, sometimes either option can be referred to as "burial insurance.") In this video, I survey the two options and present pros and cons for both. Disclaimer: I am not a financial adviser or lawyer. This presentation is intended for general informational or entertainment purposes only. It is not to be construed as providing you with specific advice about final expenses, finances, insurance, investments, retirement planning, or anything else. For personalized recommendations, consult a competent and licensed professional in your area. For further reading, please visit: InsurancePrescription.com