Every company should encourage that!
Most of the companies run various functions and events in their organization that target the wellness of employees. All the fun and enjoyment gives mental wellness, which is very important. But what about the financial wellness of your employees?
Life insurance and health insurance are usually 2 of the most popular insurance covers which most of the companies provide. But apart from them, there is one more which almost no company encourages – burial insurance.
What is this burial insurance?
When a person dies, his family has to cover a lot of expenses for his funeral or burial. All of this takes a toll on the health of the family, specially when they are more likely hand to mouth. And in such cases, they don’t even understand what they should feel – should they mourn the loss of their family member, or should they worry about how to cover the expenses.
In such cases, if the person had taken burial insurance cover beforehand, his family would have received the money to manage the expenses. The beneficiary, who is added to the insurance cover of a person, receives the money after his death. Now how he wants to use the money, is solely his own wish. But this money majorly helps manage the burial or cremation expenses.
Should companies encourage?
Considering how troublesome a person’s death can become for his family, companies should definitely ask and encourage their employees to take the burial insurance cover. Most importantly, burial insurance for seniors is something that should become mandatory in every company and organization.
This promotes a healthy atmosphere where you are fully secured from all ends. Most of the times, health and life insurance covers are already taken care of by the company. And if not, a person might be having them from before only. But burial insurance is something which is usually not taken by much people in today’s time.
And why miss out on this insurance too? So cover yourself from all ends so that your family stays in peace if something happens to you.