The majority of insurance policies cover you incase any incident or accident may occur during your lifetime. But what about afterward when you time has come? Who’s going to pay for your funeral expenses, past medical bills or any outstanding debts? Although this topic isn’t exactly the most pleasant one, it is still nonetheless important not only for you but also your loved ones in case anything happens to you.
Funerals today can be astronomically expensive, and this could put unnecessary stress on your family in their time of mourning. Here’s a breakdown of the cost of an average funeral in the United States:
- According to the 2010 funeral price survey by the National Funeral Directors Association, the average funeral cost for an adult funeral is $7,775.
- This is based on the most commonly selected items for a traditional funeral including a casket and vault. However, it does not include cemetery costs.
- A grave space, a grave marker, and opening/closing the grave can easily cost another $1,500 to $2,500.
- Therefore, a typical traditional funeral and burial cost is likely at least $9,000.
Since these numbers are just averages, they won’t represent your funeral expenses completely, but they serve as an excellent starting point. Cost alone doesn’t necessarily make a funeral meaningful. Take the time to carefully plan out your services to make this time for your family as easy as possible. Investing in a burial insurance policy is the safest way to guarantee peace of mind for you and your loved ones. Allow Paradiso Insurance to help you along the way, so call today with any questions you may have. 860-684-5270