Vital Tidbits Everyone Should Know About Funeral
Are you or one of your loved ones beginning to get up in age? If so, there has never been a better time than now to discuss funeral arrangements with your family. Of course, most people don't want to think about such things, much less talk about them, but still, it is a conversation that needs to take place. Why? Well, for one, it ensures that the individual's final wishes are granted upon their passing. In other words, it prevents children, siblings, or whoever is planning the event from having to guess about what the person would have wanted.
On many, many occasions, the living relatives have no earthly idea about what the deceased party desired. They speculate, come to a consensus, and merely do what they believe is right. However, this does not have to be the case. So, take the time to talk things over with your family for the peace of mind in knowing that you will get the funeral or cremation and type of ceremony that you fancy.
Funerals And Cremations Are Anything But Cheap
Much like the decision-making process, financial burdens often fall on the shoulders of family members after an individual passes away too. Nobody is talking about a couple of hundred bucks either. Rather, the costs regularly run up in the thousands. According to most studies, the price of an average, no bells or whistles funeral in the United States is about $6,000. However, for a more extravagant burial, persons should expect to spend closer to $10,000.
Meanwhile, cremations are pricey as well. There is no standard cost for this service. It varies from one state to the next and by crematoriums. According to an article published on Smart Asset, the median price of a funeral with cremation is $6,078. Some studies indicate that the rate is closer to between $2,000 and $4,000. Thankfully, there is something individuals can do to prevent their family members from having to scrounge and come up with a substantial sum in a hurry though, purchase final expense insurance.
What Is Final Expense Insurance?
Final expense insurance is a product that can be bought to cover the costs associated with the death of the insured party. The plans typically have affordable monthly premiums and are easy to qualify for as there is no medical exam required. Applicants just have to answer some questions and maybe complete a phone interview to get approved. The amount of coverage depends on the plan that a person chooses, but they usually range between $2,000 and $25,000. Funeral directors tend to like final expense insurance as they get paid as soon as the beneficiary assigns it to the funeral home.
Family Members Don't Need To Be Worried About Money After Your Passing
There is lots of stuff that loved ones need to do after someone in their family passes away. The last thing they want to be worried about is where they are going to come up with funeral funds. Some of the tasks they need to handle include but are not limited to...
- Calling 911 If The Death Occurs Outside Of A Hospital Or Nursing Home
- Contact Friends, Relatives, And Colleagues
- Speak With The Insurance Company
- Get In Touch With A Funeral Director
So, consider giving our office a call today to get the final expense insurance that you and your family deserve.