The product characteristics and advantages are that the insurance benefit to relatives can be spent not only on funeral services but also any other purpose. The drawback is that relatives can pay for funeral services at a minimum, and gamble away the rest of the money in Las Vegas.
To avoid this, one can purchase a pre-need life insurance policy, the payment from which is entirely spent on funeral or cremation. The person chooses a funeral home, determines all the details of the funeral and purchases a policy. The policy can be kept in a ritual company, and therefore the "funeral money" will never fall into the hands of relatives. The amount, which funeral services will be rendered for ranges from 10 to 500 thousand dollars.
Source: https://money.com/what-is-burial-insurance/
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