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How Much Does a Funeral Cost 2017?

by Scott G on February 2, 2017 · 1 comment

Average funeral cost 2017 life insurance

How Much Life Insurance Do You Need to Cover the Cost of Final Expenses 2017?

One of the most common questions people have when purchasing life insurance, especially seniors is what is the average price of a funeral today.  You need to plan accordingly so you family won’t be left in a financial bind.  The graphic below will help better illustrate the costs when one passes away. In 2017, the average funeral cost is around $10,000.  Some funerals can run up to $20,000 in 2017 or higher. There are a few types of life insurance you can purchase in 2017 to cover the cost, term life insurance, simplified issue term life insurance, universal life insurance, guaranteed issue life insurance and whole life insurance.

*Infographic courtesy of websites on bottom left of the graphic.

How Much Does a Funeral Cost in 2017 & Amount of Life Insurance Needed?

The costs of final expenses, especially burial are not cheap in 2017.  As unpleasant as it may be,  make sure you plan ahead in order to not burden the ones you love.

 

 

 

Photo: Sam Howzit

Funeral Directors July 19, 2013 at 8:48 pm

It is a nice article!

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