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How to Discover the Top Burial Insurance in Tennessee

September 26, 202311 min read

Understanding the various types of funeral insurance plans in Tennessee is essential for ensuring timely benefits for your loved ones. This guide will outline how to do just that.

Life is inherently uncertain, and the timing of one's final moments remains unknown. Therefore, having a plan in place for your end-of-life expenses is vital.

Burial insurance provides assurance that your family won't face unexpected financial burdens upon your passing.

Tennessee offers an excellent environment for purchasing burial insurance, with policies available from reputable companies at competitive rates. Moreover, the state has consumer protection laws in place to safeguard residents.

If you're considering burial insurance, Tennessee is an ideal destination. Continue reading to explore the advantages of burial insurance in the state.

How To Find the Best Burial Insurance Tennessee In 2023

Here are the key topics discussed in this article:

  • Tennessee offers accessible burial insurance options through various reputable providers.

  • The two main types of burial insurance in Tennessee are pre-need funeral insurance and last expense insurance.

  • Considering burial insurance in Tennessee can provide your loved ones with financial security, flexibility, and guaranteed benefits.

  • The state boasts several affordable life insurance providers, including AETNA, Family Benefit Life, Mutual of Omaha, and SBLI.

Burial Insurance In Tennessee Explained

In Tennessee, burial insurance serves as a form of life insurance specifically designed to cover funeral and related end-of-life expenses. It's essential to recognize that burial insurance regulations vary from state to state.

This insurance can cover costs such as your burial plot, funeral service, and other associated expenses. Its purpose is to shield your loved ones from financial strain following your passing.

Selecting the right burial insurance policy hinges on your individual needs and financial situation, with various options available, all governed by state laws.

You can obtain a policy from a life insurance company, a funeral home, or another provider. However, it's prudent to compare insurance offerings before making a decision.

Seeking Affordable Burial Insurance in Tennessee

If you're seeking burial insurance in Tennessee, here are some key considerations:

  • Firstly, Tennessee doesn't offer a state-sponsored burial insurance program, but numerous private companies provide this coverage. Ensure that the policy you choose adequately covers your funeral and final expenses.

  • Secondly, clarify the coverage details and exclusions of your chosen policy. Understand precisely what expenses will be covered and what won't.

  • Thirdly, designate a beneficiary for your insurance policy, ensuring they can manage the financial responsibilities associated with your funeral expenses.

  • Lastly, while burial insurance is typically affordable and straightforward to obtain, it may not be necessary for everyone, especially those with substantial assets. Consulting with a financial advisor can help determine if burial insurance aligns with your overall financial plan.

Before purchasing burial insurance, compare policies from different insurers to find the best fit for your needs. Keep in mind that insurance rates and carriers can vary between states, so what works well in Tennessee may not be the optimal choice in another state like Ohio.

How To Find the Best Burial Insurance Tennessee In 2023

Types of Burial Insurance In Tennessee

In Tennessee, two main types of burial insurance prevail:

Guaranteed Issue Burial Insurance:

Designed for individuals facing health challenges, this option offers coverage without requiring a medical exam or delving into health history. While it provides accessible coverage for those with pre-existing conditions, it typically comes with higher monthly premiums and may offer less comprehensive protection overall.

Term Life Insurance for Burial:

This involves adding a funeral or last expense rider to a term life insurance policy. With this rider, a portion of the death benefit is earmarked to cover final expenses. Such coverage is effective for a specified period.

Why Purchase Burial Insurance in Tennessee

How To Find the Best Burial Insurance Tennessee In 2023

Considering Tennessee funeral insurance is prudent for several reasons. Here are some of the most common ones:

  • Even if you already have life insurance, you may still want to safeguard your loved ones from unexpected loss.

  • Ensuring your children's access to quality education in the event of your untimely demise is a priority for you.

  • You seek a means to cover the expenses associated with a loved one's final resting place following their recent passing.

Investing in burial insurance can provide peace of mind, shielding you from potential financial burdens arising from unforeseen expenses such as funeral costs, burial plot fees, or embalming services..

Cost of Burial Insurance Tennessee Plans

The cost of burial insurance plans in Tennessee varies depending on factors like age, health, coverage amount, and the insurance company chosen. Premiums may be higher for individuals with poor health or pre-existing conditions, while younger individuals typically pay lower premiums. Pricing is also influenced by factors such as coverage level, payment frequency, and the type of policy (such as simplified issue or guaranteed issue). To find an affordable plan, it's important to compare insurance rates and consult with local brokers to assess your needs. Before purchasing burial insurance to cover funeral and final expenses, carefully review policy terms, waiting periods, and coverage limitations.

Tennessee Burial Insurance Policy Benefits:

Tennessee Burial Insurance is a wonderful way to safeguard your loved ones by providing them with financial security. The following advantages are offered by this policy:

Peace of mind:

Burial insurance alleviates the stress families often face when considering their loved ones' final arrangements. It covers cremation and burial expenses, including services, caskets, vaults, and related costs.

Financial security:

The policy ensures payment in the event of loss from theft, vandalism, or natural disasters. It also covers burial expenses in the event of accidental death or other unforeseen circumstances.

Flexibility:

Burial insurance products offer various payment options, including cash or term life insurance policies, fixed or variable rates, and more. Many plans also allow you to designate additional beneficiaries.

Guaranteed benefits:

All burial insurance policies in Tennessee guarantee benefits, meaning funeral costs will be covered regardless of dependents or pre-existing conditions.

No medical exam:

Purchasing this insurance doesn't require a medical examination or the submission of health-related information, making it easy to obtain coverage promptly

Quick Approval:

Tennessee law mandates at least a 30-day consideration period for burial costs before signing a contract. Once approved, our experienced claims representatives ensure a smooth process.

To begin the application process for coverage, call our office at 855-380-3300 or submit your application online.

The Free Look Period

In Tennessee, the "Free Look Period" grants you the opportunity to evaluate your insurance contract without obligation. You have ten days to decide whether to proceed with a new policy or make changes. If you're replacing your life insurance coverage, this period extends to twenty days.

Even after the free look period expires, you retain the option to cancel your life insurance policy. However, beyond this window, you won't receive a refund. Life insurance policies are not binding contracts, allowing you the flexibility to cancel your subscription at any time.

Leading Causes of Death in Tennessee

Cancer and heart disease stand as the primary causes of death in Tennessee. According to the CDC, the state's top 10 causes of death are as follows:

  • Cancer

  • Heart disease

  • Chronic lower respiratory diseases

  • Stroke

  • Accidents

  • Alzheimer’s disease

  • Suicide

  • Flu/pneumonia

  • Diabetes

  • Kidney disease

Tennessee Average Life Expectancy:

Tennessee faces frequent natural disasters like tornadoes, impacting the well-being and financial stability of individuals, families, and businesses.

With an infant mortality rate of 6.2 per 1,000 live births, Tennessee surpasses the national average of 7.7 deaths per 1,000 live births. However, the state ranks 46th in the country for life expectancy at birth, with an average of 73.8 years as of 2020.

Life Insurance Laws in Tennessee

When seeking affordable life insurance in Tennessee, it's essential to shop around and compare quotes while also understanding the state's life insurance regulations. Here are some examples of Tennessee's life insurance laws:

  • Free Look Period: Policyholders have the option to request a refund during the free look period, also known as the free trial period. In Tennessee, this period typically lasts for ten days.

  • Grace Period for Missed Payments: Life insurance payments in Tennessee are due within 31 days after a missed payment. Failure to renew within this timeframe may result in your coverage being canceled by your insurer.

  • Time for Claim Settlement: Tennessee life insurance companies are required to pay beneficiaries within 60 days of receiving a death claim. Interest may be charged to insurers who exceed this timeframe.

  • Contestable Period: After two years, a life insurance policy in Tennessee becomes contestable. If you provided false information on your application regarding something significant, your claim may not be paid during this period.

Affordable Life Insurance Companies in Tennessee:

Several companies provide burial insurance, offering your family an additional financial resource upon your demise.

Consider these reputable and budget-friendly options when seeking burial insurance in Tennessee:

  • AETNA

  • Family Benefit Life

  • Mutual of Omaha

  • SBLI

  • Security National Life (SNL)

  • American Amicable

  • GPM Life

  • Liberty Bankers Life

  • Foresters

  • Royal Neighbors of America

Tennessee Funeral & Burial Guidelines

While you have considerable influence over your final arrangements, Tennessee imposes specific regulations for your family to follow after your demise.

If burial doesn't occur on your property, additional rules may apply, including costs set by the cemetery or funeral home.

Death Certificates

In Tennessee, death certificates are issued by the county health department's vital records division. Obtaining this crucial document is necessary for arranging a burial or cremation, and it can be obtained by the family or the funeral director.

An application for a death certificate must be submitted within five days of the individual's passing.

Embalming and Preservation

Embalming is not mandated by Tennessee law, and funeral homes cannot embalm a deceased individual without consent. Families are typically given the option of direct burial or refrigeration by funeral homes.

While many funeral homes lack refrigeration, the absence of preservation methods can lead to rapid body deterioration. Therefore, if a funeral or cremation is delayed, embalming may be recommended by the funeral director. Additionally, embalming is required if the body will be transported out of state.

Funeral Basics

In Tennessee, burial options include burial on private property or in a cemetery, which may be affiliated with various churches.

Funerals often encompass memorial services, burials, and public viewings. For home burials, it's advisable to check with the local zoning commission to ensure compliance with any specific regulations in the area.

Cremation

Cremation serves as an alternative to traditional burial methods. The body undergoes a process in a crematory where it is heated to approximately 1,400°F, resulting in the reduction of the remains to ash. Following the cremation process, the ashes are returned to the family in an urn or another designated container.

It's important to note that only authorized crematories are permitted to conduct this service, and prior notification to the county medical examiner is required before the cremation procedure.

After cremation, the ashes of a loved one can be laid to rest in various ways, including interment in a cemetery, scattering in public parks, or burial on private property (subject to obtaining permission).

How To Find the Best Burial Insurance Tennessee In 2023

Average Funeral Cost In Tennessee

The average funeral cost in Tennessee varies based on several factors, including the location within Tennessee where the funeral is conducted, the specific services chosen, and the type of ceremony preferred.

It's important to note that expenses such as headstones, monuments, markers, cemetery property, plots, and columbaria are not typically included in these costs.

On average, traditional burials in Tennessee come to about $7,271, while cremation services average around $6,314.

Why Choosing BestBurialpolicy.com is the Right Choice

While numerous businesses offer burial insurance, not all websites are created equal. Here are three compelling reasons to obtain your insurance directly from us:

  • Independence: We operate independently, allowing us to negotiate with various funeral insurance providers to secure the best deals for you.

  • Customer-Centric Approach: Our business is wholly dedicated to meeting our customers' needs. We prioritize serving our clients and do not favor any particular insurance provider. We always strive to offer our clients the best policy available, ensuring they receive the coverage they deserve.

  • Experience and Expertise: With years of experience in providing final expense life insurance, we have underwritten thousands of applications. This extensive experience allows us to understand how each carrier operates and identify the companies that offer the most affordable coverage while prioritizing your health.

Our goal is to provide our clients with accurate information promptly, empowering them to make informed decisions without feeling pressured. Finding a company that embodies all these qualities can be challenging, but with us, you can rest assured that you're in good hands.

Conclusion

Finding affordable funeral insurance in Tennessee is easier than you might expect, provided you know where to look.

Let us help you secure insurance that aligns with your needs and standards.

Our goal is to alleviate your burdens during this challenging time. While bidding farewell to a loved one is never easy, we aim to alleviate your stress as you plan for the future.

For more information, call (855) 468-8900 or click here to schedule an appointment.

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Best burial insurance providers in Tennessee
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Hassan Sanders

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