What is Funeral Insurance?
A small life insurance policy (₹1-5 lakhs) designed to cover:
✅ Burial/cremation costs
✅ Medical bills from final illness
✅ Outstanding small debts
Features
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Fast approval (no medical exam often)
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Quick payouts (24-72 hours)
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Affordable premiums (₹500-₹2,000/month)
Types
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Pre-need Insurance (Paid directly to funeral homes)
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Final Expense Insurance (Cash payout to family)
Who Needs It?
✔ Seniors without savings
✔ Low-income families
✔ Those without existing life insurance