Do they make sense money wise?
2006-06-07 01:08:34 · 4 answers · asked by Bluebeard 1 in Business & Finance ➔ Personal Finance
The funeral plan worked for my mom. She had cancer for several years, we (my brothers, sisters, and I) went to the funeral home to get the plan best for her. She passed away 3 months later in 1991, and the funeral plan we got, paid for everything. When my dad passed away in 1977, he had life insurance that covered some of the funeral arrangements. The rest of the amount was divided among my siblings and I, we had each a monthly payment to make on the remaining of the bill. Which put some of us in a financial bind.
Pre-planning is the best choice because of the high cost of funeral expenses today.
2006-06-07 04:25:34 · answer #1 · answered by Dottie 6 · 0⤊ 1⤋
I have offered pre-choose for decades and performance educated pre-choose salespeople besides as funeral directors. I were a featured speaker at funeral and cemetery conventions and that i need to disagree with Reagan. there is no benefit to being a funeral director even as promoting pre-choose. It takes a thoroughly different set of skills and information. maximum directors (yet not all) are awful at pre-choose making plans. they don't favor to take a pro interest contained in the monetary aspect of it. they don't realize each and each and every of different coverage and fiscal corporation believe concepts and they don't comprehend the thanks to challenge destiny inflation. they don't look to be promotion human beings and they many times do not favor to keep database archives of potentialities.
2016-11-14 07:47:17 · answer #2 · answered by cathell 4 · 0⤊ 0⤋
It depends on how long you live compared to your life expectancy. It's an insurance for which the premium is calculated based on your life expectancy. So if you die before "your" life expectancy than you have paid less, otherwise more.
Also if your estate is large enough to cover the funeral expenses than you wouldn't need it. Or if your heirs can afford the expenses than you don't really need it either.
It comes down to if you want to leave your heirs with these expenses or not.
2006-06-09 23:32:02 · answer #3 · answered by JM 3 · 0⤊ 0⤋
The price of headstones in the UK start from £399 which includes fixing and inscription. There are more options and different shapes, but it also depends which area you're getting it from.
You can find more information at http://www.interestfreememorials.co.uk/
2014-07-01 00:06:59 · answer #4 · answered by Anonymous · 0⤊ 0⤋