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by Steve
Friday, November 17, 2006
Perhaps a social commentary in itself, Markel American Insurance Company is now offering funeral coverage as an option to their motorcycle insurance policies.
The company quotes motorcycle fatality statistics from the National National Highway Traffic Safety Administration (NHTSA) showing rider deaths are on the rise. They're offering funeral coverage as a way to ease the financial burden faced by surviving families.
The coverage provides up to $5,000 for funeral expenses associated with a motorcycle accident that results in the death of the named insured or resident relative while operating or occupying the insured motorcycle.
While I'm not an insurance expert, this is the first I've seen a motorcycle policy offer funeral coverage.
Read the press release.
Labels: Funeral, Motorcycle Insurance

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