Have you ever planned a funeral before? If not, consider yourselves VERY fortunate! Not only is is emotionally draining because you have just lost someone you love, but it is FINANCIALLY draining. You have NO idea how expensive it is to die! Trust me!
For example, did you know that a coffin (not even a really fancy one) usually costs around $10,000. (That's why I suggest you get yours at Costco - but that's a whole other post I have on my blog.) And, once you hand over a whole chunk of money for the burial plot, do you know that you then need to pay them a fortune to DIG THE HOLE?
Never thought of that, did you?
If you don't have a ton of money, or a life insurance policy to cover it, your family is going to be in big trouble.
You can also purchase Final Expense Insurance which will cover the cost of the burial and funeral (unless you die after you turn 100).
When you get life insurance, you need to take a medical exam to qualify. Burial insurance is like life insurance with no medical exam. A perfect option for those who aren't healthy and wouldn't qualify for life insurance!
You might want to check out AARP also for a lot more valuable information regarding planning for your future (and inevitable death).
***This blog post was brought to you by http://www.burialinsurance.org/
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