Many people prepare for the major events of life. They save their money for college tuition, weddings, a down payment on a house, the birth of a child, and much more. But with all the preparation we put into the events of life, we can often overlook the events that take place when we aren’t here anymore. Having a plan for your final expenses is one of the best ways to care for your loved ones, even after you’re gone.
According to the National Funeral Directors Association, the median cost for a funeral in 2019 was $7,6401. This doesn’t include common additional costs like a cemetery plot or monument marker. These costs combined with possible household expenses, debts, and loss of an income source can create a large financial burden on many families.
Having a Life Insurance policy with proper coverage is a great way to ensure financial stability for your loved ones after you’re gone. Even if you already have a policy in place, reevaluating your coverage needs with SBS will provide peace of mind and possibly uncover a better plan for you!
We know that discussing these expenses is not a comfortable conversation to have, but we at Senior Benefit Services have helped thousands of clients prepare for this stage of life, and we can help create a plan that not only helps you, but your children and grandchildren as well.
If you haven’t prepared for your final expenses, contact us today for a free consultation. 1-800-627-2768.