Death benefit insurance

Death benefit insurance policies are endowment life insurance policies on death, but their premium amount is lower than that of a normal life insurance policy. The purpose of this insurance is to provide financial relief for relatives after one's own death or to create a financial framework for special wishes and services for the funeral. The amount of the agreed premiums depends to a large extent on the age of the insured.death benefit insurance must be taken out through insurance companies, although these also cooperate with funeral directors. Often, death benefit insurance is taken out with the funeral provision contract.