Funeral Insurance V Pre Paid Funeral Plan?

Being financially prepared for your funeral spares your family and friends from an expense they might not be able to afford. A funeral can cost a fair sum of money and many people do not have that kind of money immediately available.

Here in Spain many people choose either a pre-paid funeral plan or funeral insurance to cover the cost of their funeral.

PREPAID FUNERAL PLAN

With a pre-paid funeral plan you choose what kind of funeral you want and either pay for it upfront or pay instalments over a fixed period of time.

If you pass before the instalments are paid your family can either choose to pay the remainder and use the plan or take the money paid to date minus a fee.

A pre paid funeral plan can be a good idea for many reasons;

- One number to call and everything is dealt with on your behalf, from funeral home to flowers and everything in between - all in English- This can be especially helpful if the language is a problem and all of the red tape involved

- If you are over a certain age a pre paid plan may work out more cost effective - In fact 'funeral insurance' has a upper max age limit for application so a pre paid funeral plan is the only way

- You have duel country cover so if you passed in the UK you would be covered also

- The policy can also be permanently transferred to the UK if you decided to move

- For a couple you can have a '1st death policy' So you pay one policy premium and it covers the passing of the 1st person FUNERAL INSURANCE

Like other forms of insurance, you pay regular premiums for your funeral insurance cover.

This can be paid in monthly affordable instalments. The premiums are surprisingly low from as little as 12€ a month per couple.

This insurance product covers in case of the policyholder's death, the necessary formalities are taken care of in order to be able to carry out his/her burial in Spain or the repatriation to his/her country of origin.

COVERAGE:- Funeral or repatriation, which guarantees the provision of a funeral service based on the sum insured.

Transfer assistance, to cover the possible risks originating from the transport of the deceased policyholder.

Telephone legal advice, which covers assistance to the direct family members of the policyholder, in order to help to obtain the death certificate, process the adjustment in the family register and the widow's or orphan's pension.

MAIN ADVANTAGES:-

The policy offers peace of mind with its funeral insurance, since it is not necessary to decide between funeral and repatriation at the time of contracting the policy, but rather the family members may decide the most convenient option after the passing of a loved one.

This product guarantees the refund of the sum insured not used for the policyholder's funeral.

This insurance also covers repatriation from any part of the world to the country of origin included in the contracted policy.

And all this for a very competitive price compared to the other Funeral Insurances and Plans on the market.

PEACE OF MIND FOR YOU AND YOUR FAMILY

Investing in funeral insurance or a pre paid funeral plan is a way to take care of your family by taking a major financial burden right out of the picture. Once it’s done, money for funeral arrangements is one less thing to worry about further down the track.

Find out more or get a quote for funeral cover today.

Click on the following link

https://goo.gl/h6KlAh

Or contact GPS Insurance Services at admin@gpsinsuranceservices.com