Losing a loved one is tricky. Death comes for us all.
However, some people do not have the financial means to say goodbye to their loved ones.
Those families are always hit the hardest when a death occurs. Many families in Connecticut cannot arrange a funeral for their deceased family members.
This situation is often because funerals and burials are very expensive.
Some deaths catch family members by surprise. But what can one do when faced with such an awful tragedy?
How can you get help to pay for funeral expenses in Connecticut? If you’re wondering the same thing, we’ve got you covered.
Ways To Pay For Funeral Expenses In Connecticut
Very often, some situations are too upsetting. In these cases, one cannot think about anything else.
However, in the case of death, you have to think of other things. Things like, should the body be cremated or buried? Where should you bury them? How can you pay the funeral expenses?
Struggling with your finances? Need to know how you can get help to pay for funeral expenses in Connecticut? Is that the case? Well, we’ve laid out some options for you.
Apply For Funeral Assistance
In Connecticut, the Department of Social Services pays up to $1350 to cover burial expenses. However, this is only for the deceased persons who were financially struggling.
Financially-struggling people include those who may not have the money to pay for their funeral expenses or those of a loved one.
However, a deduction will occur if the deceased had any liquid assets. The DSS will also deduct money if the deceased had a funeral insurance plan, etc.
Another thing to remember is that there is a time limit. The DSS will only accept applications within one year of the death.
Remember that the DSS makes direct payments. These payments are usually to the funeral home or crematorium that made all the arrangements.
Use Burial Insurance
There are times when a deceased purchases funeral insurance before their death.
In this case, the insurance’s primary beneficiary could receive several thousand dollars.
Your beneficiaries can spend this money to pay for the funeral expenses.
Suppose the funeral expenses are less than what the insurance company provided.
In that case, the beneficiary (usually a family member or a close friend) can use the money to cover other expenses.
These additional expenses may be any hospital bills or medicine charges that the deceased could have before their death.
This type of insurance is ideal for people who do not wish to burden their family members with financial problems while dealing with a huge loss.
Set up a fundraiser
A GoFundMe or even a call for donations is often a great way to raise money for a funeral.
It’s an excellent idea for when a person dies without any money. Just set up a fundraiser and ask people on social media to chip in. Even small amounts can make a difference.
This will allow the deceased’s family and friends to say goodbye to them in a respectful manner. This goodbye will also allow them to grieve properly.
Go For A Direct Cremation
Suppose none of those options mentioned above work. Then, you can always have your loved one directly cremated.
This helps you save money as it occurs in a crematorium instead of a funeral house.
The usage of a crematorium is often a good step. Why is that? Because funeral houses are famous for overpricing.
One always hopes that there is never a day when they have to say goodbye to their loved ones.
However, they should always prepare themselves for that possibility. There is no better way to do that than by investing in a burial insurance plan.
This plan ensures that your loved ones do not feel the financial burden of your death.
The Types Of Life Insurance That Cover Funeral Expenses
It’s never easy to prepare for your departure from this world. People make wills.
Some update their funeral insurance policies. Some get life insurance policies. These people are typically over the age of 50. It prepares them in case the worst happens.
However, what are the types of life insurance that help pay for funeral expenses in Connecticut? Which one is the better option for you?
Burial Insurance
Burial Insurance is a life insurance plan that covers your funeral expenses for you after you pass away.
Funeral homes are very expensive. They charge up to $10,000 for traditional burials and up to $5000 for cremations.
This overpricing makes it a good idea to purchase a burial insurance plan.
This insurance plan spares your loved ones from many burdens. These burdens include paying such a large sum of money for funerals.
Burial insurance allows the beneficiary to pay the funeral expenses with ease.
They can also use any leftover money to pay off any medical debts or outstanding hospice fees that the deceased may have.
Preneed Funeral Insurance
This is another type of life insurance policy that covers funerals costs.
However, this policy allows you to choose which funeral home you would like for your burial. You can also choose to have a burial or cremation.
It also allows you to decide what kind of coffin or casket you want to have.
This type of insurance is different from burial insurance. This difference is because it pays a certain amount directly to the funeral home or crematorium.
In contrast, burial insurance pays a lump sum of money to a beneficiary of your choice.
Why Funeral Expense Insurance Is An Excellent Option For All
Most insurance companies offer a variety of funeral insurance plans. Their plans have minor differences to suit each person.
So what are the benefits of funeral expense insurance? Let’s dive in.
- They allow you to choose how you wish to say goodbye to your life. It can be by cremation or by burial. Your funeral expenses policy will cover either possibility.
- A Preneed Funeral Insurance policy is a good option. It relieves your loved ones from the burden of making your funeral arrangements. Making funeral arrangements while being upset would be a great burden on the family.
- Preneed Funeral Insurance allows individuals to choose which crematorium or funeral home they would like to use. You can also select which process you would wish to undergo.
- A Burial Insurance policy allows your loved ones to receive a large sum of money. They can use this money to pay off your funeral costs. They can also pay off any other expense that you may have incurred in your last days.
- Most funeral expense insurance policies do not even require a medical exam.
- Preneed insurance covers all the costs associated with your funeral plan. This cover includes any burial prices that may have increased since you bought the policy.
- Funeral Expense Insurance is also an excellent option for terminally ill individuals. Terminally ill individuals usually do not qualify for any other kind of life insurance.
Finding An Insurance Company That Covers Burial Expenses
So, do you want to get help to pay for funeral expenses in Connecticut? Looks like it’s time to fire up your computer and find out which company’s plan suits you best.
First, you need to decide which funeral expenses plan you’re going for. Is it Preneed Funeral Insurance? Burial Expense Insurance?
Along with that, you also need to determine what your physical health is like. Are you healthy or terminally ill? Do you use tobacco? Your age also plays a massive role in the premiums that you will pay for the policy.
First, make a list of requirements. Then, look up some companies in your area. Suppose you wish to find companies that offer these plans in Connecticut. Let’s look at some options.
Gerber Life Insurance
Gerber Life Insurance offers a Guaranteed Life Insurance plan that accepts people ranging from the ages of 50 to 80.
It also allows you to choose packages from $5000 to $25,000. Your beneficiaries can use this money to pay for funeral expenses and medical bills.
Transamerica Life Insurance
TransAmerica life insurance offers a Final Expense Life Insurance.
The plan’s premiums do not increase with age. This policy eases the financial burden off the grieving family member’s shoulders.
Mutual of Omaha
Mutual Of Omaha offers the Living Promise Burial Expense Insurance. It has many plans.
These plans include those that cater to people with terminal illnesses and those who reside in nursing homes.
Foresters Life Insurance
Foresters Life Insurance offers a plan called PlanRight Whole Life insurance.
This plan provides plans for those looking to cover their funeral expenses. A great thing about this policy is that it is applicable until the age of 121!
American Amicable Insurance
American Amicable offers Whole Life insurance policies to cover burial or cremation expenses that apply to anyone.
Their plan applies to all people, from newborn babies to senior citizens aged 85 alike.
Oxford Life Insurance
Life offers the Final Expense insurance policy. It applies to people from the age of 50 to 85.
The Final Expense plan’s great features are its affordability. Their coverage choices range from $5,000 to $30,000.
Arranging to cover your final expenses is an uncomfortable process. However, it is a necessary one.
Why? Because it saves your loved ones from unnecessary financial burdens. It also allows you to have some peace of mind. This peace comes with a hassle-free insurance plan.
The Bottom Line
When a loved one passes away, the family is really upset.
Then, they have to pay large amounts of money for funeral expenses. It then becomes too great a burden on the family.
To save your family from this expense, it is important to see which insurance policy can best help you pay for funeral expenses in Connecticut.