How will your family pay for your funeral?
In 2023, the average cost for a funeral a funeral in Illinois was $7,868. That cost does not include headstones, monument, or marker costs or charges such as floral arrangements and placing an obituary. And the cost continues to rise.
What happens if your family can’t afford a funeral?
There is no charity or government organization that will pay off any debt you’ve accrued if you arrange a funeral that’s beyond your means. Funeral homes are not required to let you pay for funeral costs in installments – and an increasing number are asking for payment in full up front. When families do not have the money for a funeral, they simply cannot claim the loved one’s body.
Is life insurance the answer?
Life insurance can guarantee that your loved ones are provided with the money they need to give you a proper and dignified burial. Unlike savings accounts, which are so often stretched thin during hard times, life insurance provides a dedicated pot of money that your loved ones can use during the difficult time for anything they need. It is not limited to funeral arrangements.
Rates start at just $15.14 a month for an 18yr old female and $5,000 worth of coverage. An 18yr old male at $5,000 of coverage starts at just $18.65 a month. Coverage Options from $5k-$30K
Even better, there are no medical exam and just 3 medical questions required to check your rates. Plus, your monthly premium is locked in and will never go up, while the amount of your death benefit is also locked in and will never go down, as long as you continue to pay your premium.