No one really likes to think about their own funeral, and funerals can be expensive. However, planning ahead of time can be a wise financial decision. You can do this with our final expense burial insurance, and have peace of mind knowing that everything will be taken care of when you pass away.
How does it work?
Final expense burial insurance can help pay for funeral and burial costs, as well as any debts you may have when you pass away. That can include credit card debt, outstanding loans, or medical bills not covered by Medicare. Funerals can be expensive, even without a plot and headstone. The average funeral cost in the U.S. is between $7,000 - $12,000, but can go as high as $30,000, depending on the funeral service.¹ Premiums are locked-in based on your current age and will never increase.
- National Funeral Directors Association, "Statistics", https://nfda.org/news/statistics
* $20,000 burial insurance at $61.80 a month for a 60 year old female, non-smoker, rated at Preferred Risk Class with Transamerica Financial Life Insurance Company of New York. Individual rates will vary depending on age, gender, and current or previous medical conditions.