Discussing
death can be difficult as it is a sensitive topic. Then again, it is an
inevitable fact of life that death arrives sooner or later. It is as plain and
simple as a nose on your face. Since it will come at some point in time, there
is no point in ignoring it. Death can be quite taxing in terms of emotion and
finance. It can drain an individual of both. Not all people are fortunate
enough to get hold of a memorial lot for free. Yes, there are places where neighbors
help an individual by making coffins out of scrap materials for free.
- Future possibilities: Since you don’t live in a location like that, you have to consider investing in memorial lots. Indeed, Heritage Park’s memorial lot price can be expensive, but it is a worthwhile investment. After all, death is inevitable, and someone will always require land to bury their deceased. You will surely come across an individual who needs a memorial lot, especially during at-need circumstances.
- Value increment: You shouldn’t pay much attention to the initial high memorial lot price in Manila. Once you invest in it, its value will increase exponentially. The rate is somewhere around eight percent per year. The appreciation rate also gets rid of inflation and bank interest rates. If you wish to find out more about the prices, then you should explore the web.
- Ownership: The Heritage Park, Philippines is Perpetual Ownership. In some Parks, it depends on the developer of the memorial park. However, it is entirely possible for you to own real estate property.
- Maintenance and care: Almost all memorial parks offer perpetual care and maintenance services. Sometimes, you won’t have to pay more than once. Though that payment, you ensure that the developer of the memorial park arranges for the care and maintenance.
- As collateral: Yes, it is also possible for you to use memorial lots as loan collaterals. Specific lending institutions accept this tangible asset of yours as collateral to payments.
- Insurance vs. lots:
Many people choose term insurance coverage instead of buying memorial lots.
These individuals believe that the proceeds to gain from term insurances are
enough to purchase memorial lots. It will also be enough to pay for the
interment services when the time comes. However, experts don’t acknowledge this
idea as the better one. The problem in this country is that you get term
insurance coverage until sixty-five years of age. Once you reach sixty-five,
you won’t receive anything anymore.
An everlasting sign
When
someone dies, the tomb becomes their final resting place. It is the only thing
that allows people to remember the deceased. Well, for a family member, the
presence of an extravagant memorial lot isn’t necessary. However, the case is
different for others. Seemingly everyone wants to live forever. Since that
isn’t possible, everyone hopes that people won’t forget them after their
departure. That is why the pharaohs of Egypt ordered the creation of the Great
Pyramids of Giza. You don’t need a pyramid, but you can avail an eye-soothing
mausoleum in a quiet and picturesque park.
