Why is having a funeral plan important
Funeral plans are complicated. You should make sure you have some type of coverage. This not only protects your family. But it also makes sure that your final wishes are carried out when accompanied by a funeral plan. An agent and a funeral director can help you get the coverage you need and create a plan that you work for you and your family.
Funeral Plans
Funeral plans are made with funeral directors and are a great way to get an idea of the overall cost of the funeral, it can give your insurance agent an idea of how much coverage you and your family might need. There are a lot of fo things that go into planning a funeral, that’s why it is always a good idea to do it earlier in your life. That way you don’t leave your significant other with the burden of planning your funeral right after you pass.
How much do traditional funerals cost?
Funerals can be quite costly as well. In fact, most of them are. That’s why financial planning and having some type of life insurance product is so important. A traditional funereal can run from $7,000-$12,000. Cremation could cost anywhere from $5,000-$9,000. However, most Americans live paycheck to paycheck and may not be able to afford the funeral their loved one deserves.
Why do funerals cost so much?
Funerals are so expensive because there are a lot of moving parts to a funeral. Here are some of the things to include in a funeral. Here are some examples of funeral costs, please keep in mind that these are just median costs and the actual costs could be much higher.
| Funeral home’s basic service fee (nondeclinable) | $2,100 |
| Transporting remains to funeral home | $325 |
| Embalming | $725 |
| Preparing the body in other ways, such as makeup and hairstyling | $250 |
| Facilities and staff to manage a viewing | $425 |
| Facilities and staff to manage a funeral ceremony | $500 |
| Hearse | $325 |
| Service Car | $150 |
| Basic memorial printed package | $160 |
| Metal casket | $2,400 |
| The median cost of a funeral with viewing and burial | $7,360 |
| Vault | $1,395 |
| Cost with Vault | $8,755 |
These expenses are expensive, and because of that, you should plan accordingly. That is why you need a final expense or some other type of life insurance planning. An agent can help you plan accordingly and get the resources you need.