Life Insurance and Funeral Costs

Looking for a way to cover final expenses? Funeral insurance maybe the answer. Proceeds are paid out tax free in a lump sum. The Industrial Alliance website breaks down the cost of Funeral Expenses and related expenses. It reveals that it costs a minimum of $2,500 to organize a funeral these days, which is why so many people do look to take out life insurance to try and cover these expenses. If someone passes away unexpectedly, life insurance will ensure that the funeral can be funded. Of course, there are so many benefits to life insurance, so people may want to read this article here to learn more. Hopefully, that will encourage some people to start paying for cheap life insurance. It can help people with their future. Funeral costs are expensive, so life insurance can help with this. Below is a breakdown of other related costs:

1. Laboratory, thanatopraxy, products – $365 (average cost)

2. Funeral salon for two days – $481 (average cost)

3. Professional and administrative services – $484 (average cost)

4. Chapel and musical services – $148 (average cost)

5. Coffin – $1,975 (average cost)

6. Pall bearers, $200 (average cost)

7. Funeral van (transport of the body from the salon to the laboratory) $195 (average cost)

8. Hearse, $235 (average cost)

9. Limousine, $172 (average cost)

10. Vehicle to transport flowers $135 (average cost)

11. Transport of the deceased $0.75 per kilometer (average cost)

Total Cost: ($4,390)

For additional details on the cost of final expense in Canada or life insurance to cover final expenses, please contact us at 1866-899-4849.