No Life Insurance? Can you Afford to Pay for Final Expenses out of your own Pocket?

Final expenses can come with a very high price tag, and if there is no life insurance to help pay for this, you could be leaving those expenses on your loved ones. Unfortunately, death is a part of life and with that comes the cost of burial or cremation as well as a funeral.

According to the website funeral-tips.com, the average cost of a burial and funeral is approximately $8,000 to $10,000 dollars and on the rise. Let's take a look at some average prices for this final farewell:

· Casket - $2,300

· Funeral Director base fee - $1,500

· Embalming and body preparation - $600

· Funeral Ceremony and viewing - $1,000

· Miscellaneous - $600

· Grave - $1,000

· Cost to dig grave - $1,000

· Headstone - $2,000

· Grave marker - $1,000

Now that we have looked at a little information regarding traditional burials and funerals, let's take a look at the average cremation price. Cremation is becoming more popular with individuals due to the cost being less expensive than burials.

Also according to the website funeral-tips.com, the average cost of cremation is much less expensive than that of a funeral. You can expect to pay between $2,000 to $4,000 if cremated through a funeral home. If being cremated directly through a crematory, you can expect to pay between $1,500 to $3,000. Please keep in mind that these prices do not include any viewing of the body by friends and loved ones. If the cremation occurs after a viewing, the cremation price through a funeral home would then be approximately between $4,000 to $6,000 and if through a crematory,would be approximately between $3,000 to $4,000.

After reviewing some average prices for both a traditional burial and cremation, my question to you is: Do you or your loved ones have funds available to pay for your final expenses? Would they be able to meet the demands of this financial burden or would it cause further stress at an already dificult time? These are just a few reason why having life insurance gives your family financial protection we all want and need.

If you want to give yourself the peace of mind of knowing your loved ones will not have to worry about paying out-of-pocket for your final expense costs and are ready to speak with someone regarding life insurance, please contact an insurance marketplace professional.


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Pivot life insurance marketplace understands life insurance, but we also understand families. We know your family situation is unique, and those characteristics are what make your family special. Our goal at Pivot is to provide you with the best term life insurance policy to fit your specific family situation and financial goals. Learn more at http://www.pivot.com