Most people are surprised to learn how much a typical funeral costs. The average price of a very basic funeral, not including embalming, headstone, burial plot, flowers, death certificate was just $708 back in 1960. Today the same basic funeral is approximately $7,000. When we add in the cost of embalming, a headstone and burial plot the cost doubles to an average of $14,000. That’s right, on average it costFinal Expense Insurance $14,000 to bury a loved one today, and that cost increases every year.
For those who do not have insurance in place to cover these expenses, the burden of paying these final expense bills will fall on their children or their surviving spouse. Few people want to put their family through such a financial strain, especially when they are grieving for their loss, a time when they are most vulnerable. Read More →