Often insurance is the most effective way to begin making financial arrangements for end-of-life costs, such as cremation. But what exactly is cremation insurance, and how does it help you prepare for the future?
Category: End of Life Planning
The average cost of prepaid funeral plans depends on a variety of factors. Two of the most important factors that will affect the final price of your prepaid funeral plan are the funeral home you make arrangements with and whether you choose burial or cremation. Depending on the final disposition method you choose and the funeral provider you make arrangements with, you can pay anywhere between $950 to $15,000.
Pre-need or prepaid plans lift this financial and emotional burden by allowing you to choose a plan that can spread payments out over a period of 24 months.
If you worry that your loved one’s cremation may be too heavy a financial burden to bear, know that there are avenues outside of hospice that offer options for financial aid.
Rather than shying away from planning ahead, know what to look out for so you can make the best decision for yourself and for your family. Read on to understand the benefits of prepaid plans, mistakes to avoid when planning ahead, and questions you should make sure to ask your funeral home before making any purchase.
How do you go about arranging a burial at sea in California? What rules and regulations need to be followed, and what ideas will work best for your family’s needs and budget?
What do you do if your family is deeply religious but you want a direct cremation without a service? How do you talk to your friends and family about your choice in a way that promotes understanding and perhaps even acceptance?
A prepaid funeral plan is an arrangement you make with a funeral home today for services after you pass away. The funeral home uses the funds you pay today to cover the cost of the services you have outlined in your agreement.
Making a plan ahead of time, together, can help guide you and your family to a place of greater peace of mind and understanding. Loss is never easy, but making memorial arrangements in advance can help make it less difficult for everyone involved.