Burial Insurance2

Burial Insurance vs. Pre-Paying Your Funeral

With the average funeral in the United States costing between $5,000 and $7,000 (according to Funeral-Tips.com), you don’t want to leave your family and loved ones holding the bag after you are gone. Many funeral homes try to solve this problem by allowing you to pre-pay for your funeral. In essence, you sit down with a funeral director and plan out your funeral. You choose your casket, the flower arrangements, and even your own tombstone. The funeral director then calculates the costs, and you pay the bill upfront.

This may seem like a good way of covering your final expenses so that your family doesn’t have to, but pre-paying your funeral costs does come with risks. None of us knows when our last day on earth will come. What if you pre-pay your funeral expenses at 70 but live another 25 years? A lot can happen in 25 years! Maybe you will move across the country. Perhaps the funeral home will close down or will come under new management. Maybe you will change your mind and decide you want to be cremated instead of buried.

Purchasing burial insurance gives you a concrete way to cover your final costs as well as flexibility for your family when that time comes. Fill out a short form to compare burial insurance quotes at Burial Insurance Planner.