FINAL EXPENSE STATISTICS
The average funeral cost is $7,755 according to a 2010 National Association of Funeral Directors survey.1
Other costs can include non-covered medical expenses, house payments, and other debts.
Social Security only provides a $255 death benefit -- that's if you qualify.2
Sources for statistics: 1Source: 2010 NFDA General Price List Survey. Includes cost of regular adult funeral including following basic items plus protective burial vault to protect casket: non-declinable basic services fee, removal/transfer of remains to funeral home, embalming, other preparation of the body, use of facilities/staff for viewing, use of facilities/staff for funeral ceremony, use of a hearse, use of a service car/van, basic memorial printed package, metal casket. Does NOT include cemetery, monument/marker costs or miscellaneous cash advance charges such as for flowers or obituaries; 2Social Security Rules and Regulations 404.390;
Life insurance is designed to help protect the people who matter most, but understanding how it works and the coverage options available can feel overwhelming. Learn the basics of life insurance, common misconceptions and how to determine what coverage may be right for you.
Funeral costs, medical bills and other final expenses can create an unexpected financial burden for loved ones. Learn how final expense insurance works, what it can help cover and how it can provide added financial protection for your family.
