Is Burial Insurance Worth the Cost If I Want to Be Cremated?

Wood urn filled with loved ones ashes - Be prepared for cremation costs.

Wood urn filled with loved ones ashes – Be prepared for cremation costs.

If you have decided that you want to be cremated, then you are part of a growing trend. According to Funerals.org, the rate of cremation in the United States has risen from 15% of deaths in the mid-90s to almost 50% today.

Cremation appeals to consumers for a variety of reasons, including the fact that they are significantly cheaper than a traditional burial. If you have considered cremation, do you even need burial insurance?

The answer to that question depends on what you want to leave your family and loved ones. Yes, cremation is cheaper than a burial, but it isn’t free. The cremation itself will cost at least $1,500. If your family would like to hold a viewing, (which includes embalming and possibly renting a casket) and would like to contain your ashes in a quality earn, the costs will rise.

According to Caring.com, a typical cremation through a funeral home can cost as much as $4,000. That is not pocket change for your family. You can completely defray these costs and even leave your family with a little left over by purchasing burial insurance. Compare rates now with Burial Insurance Planner.