Final Expense life insurance is a type of life insurance that helps seniors cover end-of-life bills, such as funeral expenses and healthcare.

If you don’t have a final expense life insurance plan in place for the one's that you care for the most, your loved ones will unfortunately be left with the responsibility of paying many remaining expenses including funeral costs, which are expensive.

According to the National Funeral Directors Association, the national median cost for a funeral with a burial and vault is approximately to $9,000 BUT that cost estimate does not include the cemetery plot ($2,000), monument (up to $10,000) or grave marker ($1,000), or miscellaneous items like flowers ($200) or an obituary ($200). If we factor those costs in, the average cost for a funeral with a burial and vault can be more like $15,000.

The national median cost for a funeral with cremation is now over $6,000.

It is expensive to die, especially, when you consider that the benefit your loved ones receive from social security when you pass away is just $255.00!

AND that is just the funeral estimate! Obviously, it doesn’t include other end-of-life costs, such as healthcare and legal expenses. Here’s a list of items your loved ones might be responsible for immediately following death: