Burial insurance usually comes in the form of guaranteed issue or simplified issue life insurance. Burial insurance is different from traditional life insurance in three ways: A lower death ...

Mutual of Omaha: Best for accessibility. If you want to buy life insurance purely to cover your funeral costs, medical bills and other end-of-life expenses, look into burial insurance. Also known ...

Acquiring burial insurance for yourself or your loved ones allows you to save and pre-pay funeral costs in the form of premiums, leaving only minimal or even no fees to be paid when the time comes.

Without burial insurance, loved ones left behind are burdened ... their individual itemized deductions as part of Schedule A of Form 1040, according to the IRS. Instead of an individual, only ...