No Jargon. No Confusing Language. Just Clear Explanations of Insurance Terms.
The person who receives the death benefit when you pass away. Usually a spouse, child, or trusted family member. You choose this when you apply.
The amount of money your beneficiary receives when you die. With burial insurance, this is typically $5,000-$25,000. The money is tax-free.
A period (usually 2 years) where the full death benefit may not be paid if you die from a pre-existing condition. However, accidents and non-related causes are always fully covered.
Your monthly payment for insurance. With burial insurance, your premium is locked—it never increases. You pay the same amount every month for life.
Your insurance contract. It outlines the coverage amount, monthly cost, beneficiary, and terms. You receive a copy when approved.
The process where the insurance company reviews your application, verifies your health information, and decides whether to approve you and at what rate.
A health condition you had before applying for insurance. Examples: diabetes, heart disease, cancer. Burial insurance approves people with pre-existing conditions.
A fast approval process with minimal documentation. No medical exam required. You answer health questions online and get approved within 24 hours.
Another name for burial insurance. It's designed specifically to cover funeral costs and final expenses when someone passes away.
An optional add-on to your policy that provides additional benefits. Example: accidental death rider that pays extra if death is from an accident.
Traditional ground burial where the body is placed in a casket and interred in a cemetery plot.
The process of reducing a body to ashes through heat. Cremation is typically less expensive than traditional burial and takes 2-3 hours.
Simple burial without a funeral service or viewing. The body goes directly to the cemetery. This is the most affordable option.
Cremation without a funeral service. The body is cremated, and ashes are returned to the family. Most affordable option besides direct burial.
The container that holds the body for funeral and burial. Caskets range from $500-$10,000+ depending on material and design.
The vessel that holds ashes after cremation. Urns range from $100-$2,000+ depending on material and design.
A protective container placed in the ground around the casket. Required by most cemeteries. Costs $1,000-$2,000.
The land in a cemetery where the body is buried. A single plot typically costs $1,000-$5,000 depending on location.
A business that arranges funeral services, handles body preparation, and coordinates with cemeteries and other services.
The process of treating a body with chemicals to slow decomposition. Allows for viewings and open-casket services. Costs $600-$1,500.
When family and friends see the deceased before the funeral. Usually held at a funeral home. Can happen before or instead of the funeral service.
A gathering where family and friends pay respects to the deceased. Usually informal, often includes food and drinks.
A service without the body present. Often held after cremation or when burial happens separately. Usually includes eulogies and remembrance.
A speech given during a funeral or memorial service, typically praising and remembering the deceased.
The person named in the will who is responsible for handling the estate, paying debts, and distributing assets to beneficiaries.
The legal process of distributing a deceased person's assets according to their will or state law. Can take months or years.
A legal document that specifies how your assets should be distributed after death and who should care for minor children.
A legal arrangement where someone (trustee) manages assets on behalf of beneficiaries. Often used to avoid probate.
A document authorizing someone to make legal and financial decisions on your behalf if you become incapacitated.
A legal document specifying your wishes for medical care if you're unable to communicate (life support, organ donation, etc.).
An official document issued by the government confirming death. Required for insurance claims, bank accounts, and legal matters. You need multiple copies.
The total value of a person's assets at death. Large estates may owe federal estate taxes. Insurance proceeds are usually not counted.
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