Are you looking To Ensure Your Loved Ones Are Protected?

At C & K Healthcare Advisors, we prioritize providing excellent support and explaining final expense benefits for individuals seeking information. We have licensed insurance agents all over the country willing to help explain all the options available to you. Contact us today for personalized advice.

What is Final Expense Insurance?

Final expense insurance is a type of life insurance policy that is specifically designed to cover the costs associated with a person's funeral and burial or cremation expenses, as well as any outstanding medical bills or debts they may have at the time of their passing. This type of insurance policy is typically purchased by individuals who want to ensure that their loved ones are not burdened with the financial costs of their final expenses.

Final expense insurance policies are typically available in lower face amounts compared to traditional life insurance policies, ranging from $5,000 to $50,000. They also have simplified underwriting requirements, which means that the application process is generally easier and faster than for traditional life insurance policies. In addition, they often have level premiums, which means that the premiums will remain the same throughout the life of the policy, and the benefits will be paid out to the designated beneficiaries upon the policyholder's passing.

Final expense insurance is also sometimes referred to as burial insurance or funeral insurance. It can be a good option for individuals who do not need a large life insurance policy but want to ensure that their final expenses are covered.

Why C & K Healthcare Advisors?

We have more than a decade of combined experience in the Health and Life Insurance field and we have excellent teams of licensed insurance agents to help you navigate your coverage options.

What do Funerals Cost

Choosing the right Final Expense Coverage can be confusing, but your local C & K Healthcare Advisors agent is available to help you find the best options to meet any budget.

The cost of a funeral can vary widely depending on a variety of factors, such as the location, type of service, burial or cremation, and other optional expenses. In general, the cost of a funeral can range from a few thousand dollars to tens of thousands of dollars.

According to the National Funeral Directors Association, the median cost of a funeral with a viewing and burial in the United States in 2019 was $7,640, while the median cost of a funeral with a viewing and cremation was $5,150. However, this cost can be higher or lower depending on the specific choices made for the funeral arrangements.

Additional costs that may need to be considered include the cost of a casket or urn, cemetery plot or mausoleum, flowers, transportation, and any other special requests or services. It's important to communicate with the funeral director to understand all the costs involved and to work within your budget.

Funeral Home Costs

When working with a funeral home, there are several costs that you can expect to pay for funeral arrangements. These costs can vary depending on the specific funeral home and the services you choose, but some common expenses include:

Basic Services Fee: This fee is charged by the funeral home to cover the basic services they provide, such as obtaining necessary permits and death certificates, preparing the body, and coordinating with other service providers.

Transportation: The funeral home may charge a fee for transporting the body to the funeral home, cemetery, or other locations.

Preparation of the Body: If you choose to have a viewing or open casket funeral, the funeral home may charge fees for embalming, dressing, and casketing the body.

Casket or Urn: If you choose to have a burial, you'll need to purchase a casket. If you choose cremation, you'll need to purchase an urn to hold the ashes.

Facility Rental: If you have a funeral service at the funeral home, there may be fees for using the facility, including the chapel, visitation room, and reception area.

Staff and Professional Services: The funeral home may charge fees for the services of the funeral director, staff, and any other professionals involved in the funeral arrangements.

Other Expenses: Additional expenses may include flowers, obituary notices, and any other special requests or services.

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Cremation Costs

The costs associated with cremation can vary depending on a variety of factors, such as the location, type of cremation, and any additional services or products that you choose. Some of the common costs associated with cremation include:

Cremation Fee: This is the basic fee charged by the crematory for performing the cremation process.

Container: You'll need to purchase a container to hold the body during the cremation process. This can be a simple cardboard box or a more elaborate casket or urn.

Urn: If you plan to keep the cremated remains in an urn, you'll need to purchase one.

Transportation: If you need the body transported to the crematory, there may be fees associated with transportation.

Death Certificate: You'll need to obtain a death certificate for the deceased, and there may be fees associated with obtaining copies.Memorial

Service: If you plan to have a memorial service, there may be costs associated with renting a facility, arranging for speakers or performers, and providing food and beverages.

Optional Services: You may choose to add optional services, such as embalming, viewing, or a funeral service prior to the cremation.

These services can add to the overall cost. It's important to work with the crematory and funeral director to understand all the costs associated with cremation and to make choices that fit your budget and wishes.

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Cemetery Costs

The costs associated with a cemetery can vary depending on a variety of factors, such as the location, type of cemetery, and any additional services or products that you choose. Some of the common costs associated with a cemetery include:

Plot or Mausoleum: The cost of the burial plot or mausoleum space can vary widely depending on the location and type of cemetery.

Opening and Closing Fees: There may be fees associated with opening and closing the burial site, including digging the grave, setting the vault, and filling in the site.

Grave Liner or Vault: You may be required to purchase a grave liner or vault to protect the casket and maintain the integrity of the ground.

Headstone or Marker: The cost of a headstone or marker can vary depending on the material, size, and customization.

Maintenance Fees: Some cemeteries may charge ongoing maintenance fees to keep the grounds and burial sites in good condition.

Administrative Fees: There may be administrative fees associated with the purchase of a burial plot or other cemetery services.

Optional Services: You may choose to add optional services, such as a graveside service or memorial marker, which can add to the overall cost.

It's important to work with the cemetery and funeral director to understand all the costs associated with cemetery arrangements and to make choices that fit your budget and wishes.

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Need Help?

C & K Healthcare Advisors are here to assist you in understanding the various options available through the Life Insurance Carriers. For the most comprehensive information, we recommend speaking with one of our licensed agents in your area, who can provide details on all the options available to you.

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