Did you know the average cost of a funeral is $15,000? Consulting with a final expense specialist will not only help protect your loved ones from that financial burden but also make sure there is a plan in place to avoid any unnecessary stress on your loved ones with the 100+ decisions that will have to be made during that very difficult time.
It’s a good idea to discuss with your loved ones, or whoever will be your policy’s beneficiary, your wishes for the type of funeral you would like to have. If you are helping someone else who is near death buy a final expense insurance policy, you may want to consult with a funeral home about the type of final arrangements you’d like to make for them. The funeral director should be able to give you an idea of the funeral’s cost including the funeral service, flowers, catering, a casket, a burial plot and headstone and any paid funeral procession arrangements such as police escorts. In general, funeral costs can range from $1,000 to $10,000 or more.
