How much dying really cost
If you?re still on the fence about whether funeral cover is worth it, consider how much they actually cost. Even if you have a life insurance policy, that won?t pay out until after your life insurance company has checked every premium payment and investigated the cause of death thoroughly, which takes longer than your family can wait for the funeral. Here?s what to expect when it comes to funeral planning.
Funeral home fees
It doesn?t matter how you want to be buried (whether its turned into a diamond or mined for precious metals), a funeral home fee is unavoidable. Even if you want to be cremated there are costs associated with the funeral home. These costs include the cost of permits, obituaries, death certificates and holding the remains until interment; all of which are priced individually. This can cost well into the thousands.
Interment costs
Interment isn?t a simple process. It includes the services of a mortician, transporting the remains, embalming the body, the casket or cremation process. Such costs are also unavoidable, but they can be reduced. Going directly through the crematorium instead of through a funeral home can save you thousands. But there?s no ceremony there. If you decide not to be cremated, then there are additional costs such as a tombstone, plot and casket to consider.
Services
It goes without saying that a dignified burial is much more expensive. Displaying the decedent?s favourite flowers with a string quartet at the services is expensive. It?s also outside the funeral home?s service offerings which does give you some room to shop around, but most families don?t have the patience or mood to do this. These services include catering, flowers, venue costs, as well as the price of the priest all of which must be paid before the funeral.
Even a modest service can cost thousands which is more than a family, even one with life insurance, can afford or will want to consider at the time of death. It only makes sense then to have funeral cover.
Read more about burial customs.
Get funeral cover online.
Source: http://www.funeralinsurance.co.za/costs-die/
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