18 Feb The Real Costs of Death
If you died today, would your loved ones have the money to cover the expenses related to your death?
If only we had a crystal ball to predict when our death will happen. We could take the last minute approach days before we died so that our loved ones were protected and prepared when we passed.
But we don’t have a crystal ball.
What we know for sure though, is that at some point, we will all pass away. Many of us will leave behind loved ones, and some of us, will even have young families that rely on our income to meet their basic needs.
The million dollar question then becomes, “How much will my death cost me?”
There are a variety of factors that will impact the cost of your death in the long run, but more importantly, there will be expenses to be paid immediately when you pass away including:
- Funeral expenses (service type, cremation or burial)
- Immediate housing expenses (rent, mortgage, utilities)
- Automobile (insurance, loan or lease)
- And living expenses for your dependents to name a few
When you factor all these expenses due in the first couple of weeks, would it be $5,000, $10,000 or more? Moreover, how will your loved ones take care of these immediate expenses?
Consider pre-planning your funeral with an additional sum of Immediate Financial Support as an easy solution to protect your family when they need it most.
Contact a case manager today to learn more about Pre-Planning and Immediate Financial Support.