In my memory I bought a columbarium is a place for the respectful and usually public storage of cinerary urns from my classmate. That time was a good time to invest in the funeral market. But he deceived me into handing over all my savings. I haven’t heard anything from him for many years. So I have not much belief in the funeral market.
But I think having a life insurance policy is so important because life is so unpredictable and leaving your loved ones to grieve the loss of you on top of no financial support should never be an option. So I bought a life insurance policy.
In Australia, funeral insurance and funeral cover are a type of personal insurance policy which provides a lump sum benefit to your beneficiaries to pay for your funeral costs. This is the first I’ve heard of it! I do not have any funeral plan. Maybe I dig myself into a hole over funeral plans. Now I want have more time to think the funeral plans over.