Taking out funeral insurance

Your own death may not be the nicest topic, but it is certainly important to give it adequate attention in a timely manner. One of the most important factors involved is arranging what is known as funeral insurance.

Funeral insurance is basically insurance for your next of kin, for whom arranging your death is not exactly easy. Especially since it is quite a challenge to supplement the emotional coping process with practical responsibilities.

Funeral insurance helps your next of kin to have fewer worries in this area and it doesn't cost much either. What is the added value of such insurance and what do you need to know? These and other questions are answered here.

Why should you buy funeral insurance?

First, it is important to know exactly why taking out funeral insurance is so interesting.

1. Less headaches for bereaved families

As already mentioned, you do the taking out of such insurance for your next of kin, who will certainly benefit from support on the practical side of things during a difficult grieving period.

2. Lower costs

Funeral insurance also costs you much less than arranging the funeral would cost your loved ones. With this type of insurance, you save your loved ones a lot of financial worries.

3. A one-time responsibility

A final important benefit of funeral insurance is that once it is arranged, you do not have to worry about anything else involved. This is why many people take out such insurance at a young age.

What should you look out for when buying funeral insurance?

Taking out funeral insurance is a real undertaking that deserves proper attention if you want to be sure that everything meets your needs. So what factors play an important role in arranging that insurance?

1. Your personal funeral wishes

First, you need to ask yourself some important, perhaps not too easy questions:

• Do you want to be buried or cremated?
• Where exactly should the funeral take place?
• Do you want family members to carry the casket?
• Do you want funeral transportation or not?

These and more questions deserve clear answers in order to draw up the funeral insurance policy in detail.

2. The type of insurance

The type of insurance you choose is also an important aspect to consider. There are two options: in-kind insurance or endowment insurance. Below is more info on both:

1. The Natura Insurance

With Natura insurance, no amount is insured, but a complete package of services and products. In this case, your next of kin decide which options to choose from the insurer's offerings. It can range from a simple funeral to a complete package with a memorial service and more.

2. The Capital Insurance

Capital insurance, as the name suggests, includes a predetermined amount that will be paid to your next of kin after your death. They can then use this amount to arrange the funeral according to your personal wishes.

3. A combination of both

Often it is also possible to combine Natura and Capital Insurance. The main feature of this approach is that there is a standard package of services and products, which is additionally supplemented by a sum of money for your own spending.

The amount of this amount varies depending on the insurer you choose, but in many cases, as a policyholder, you have the freedom to determine the amount.

3. The term of the insurance

Finally, the insurance term is also very important, as this period indicates until when you have to pay a premium. Here you can choose between terms of 10, 20 or 30 years but it is also possible to set a specific age.

What do you need to purchase funeral insurance?

Taking out funeral insurance brings with it a lot of responsibilities and there are specific steps to go through. In addition, there are also a number of administrative obligations for the next of kin:

1. Reporting the death to the municipality where the policyholder died
2. Reporting the death to the banks and insurers
3. Investigating whether the deceased had funeral insurance.
4. Cancel any subscriptions and memberships
5. Arrange the expenses related to the funeral

Alpina.nl guides you optimally in taking out the insurance itself and thus also makes it easier for next of kin after death.

Take out funeral insurance directly through Alpina\.nl

Do you want the best possible professional guidance when taking out funeral insurance? Then it pays to hire a specialist for this purpose.

Alpina.nl already takes over the concrete side of your death from you. That means less worry for you and your loved ones. Contact Alpina.nl for more info on the possibilities!