mutuelle senior allows seniors to share in the cost of long-term care and help with the cost of funeral costs. In exchange for monthly payments, members receive benefits when they need it most.
KASMA’s certificate of incorporation stated that it was formed “to provide burial assistance and benefit to the surviving families of deceased seniors.” During TYE, KASMA paid burial expenses for nonmember seniors who did not have a surviving family member or who left little money to cover their funeral expenses.
Evaluate the Need First
Your life insurance needs keep changing as you go through the different stages of life. If you are single and young, and have no dependants, you can easy conclude that you have little or need for life insurance. As you get married, plan your children, become the main breadwinner of the family, or plan buying home or car by taking substantial loans – “Now” is the need to get yourself insured. Your sudden demise in this phase of existence can create a lot of financial problems to your spouse, children or may be old parents, as they may have to deal with the mortgage debts too other than meeting the daily expenses. If you have retired, and have fewer financial obligations, like no dependants, flourished assets, it is still not a bad idea to have a life insurance that will help with your funeral expenses and also allows you to leave something for your dear ones.