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Funeral Expense Report

Funeral Expenses on the Rise as Choices Narrow
With average funeral costs rising, people are better preparing so their families are not faced with the hardest decisions all alone, weighted with added stress.
Since the 1960s, NFDA has calculated the median cost of a funeral by totaling the costs of the items listed in the table below. The cost does not take into account cemetery, monument or marker costs, crematory fees (if cremation is selected), or cash-advance items such as flowers and obituaries.
The national median cost of a funeral for calendar year 2012 was $7,045. If a vault is included, something that is typically required by a cemetery, the median cost is $8,343.

2012 National
Median Price
Nondeclinable basic services fee 1,975.00
Removal/transfer of remains to funeral home 285.00
Embalming 695.00
Other Preparation of the body 225.00
Use of facilities/staff for VIEWING 400.00
Use of facilities/staff for FUNERAL CEREMONY 495.00
Hearse 295.00
Service car/van 130.00
Basic memorial printed package 150.00
SUBTOTAL w/out Casket $4,650.00
Metal Casket
(Avg. charge for most frequently purchased item)
TOTAL w/Casket $7,045.00
(Avg. charge for most frequently purchased item)
TOTAL w/Vault $8,343.00
Source: NFDA—Nation Funeral Directors Association

Cremations are on the rise. By the end of 2015, the U.S. cremation rate is projected to be 48.2 percent, up slightly from 45.8 percent for burials. NFDA estimates a whopping 70.6 percent of the population will choose cremation by 2030.
One major reason for this progressive increase is whether one can afford the traditional burial. Final Expense Insurance can help you prepare for this unexpected event with the strong assurance that your wishes, whether cremation or traditional burial, can be paid for without added stress to your loved ones. Whatever proceeds that remain after payment of these expenses are for your loved ones to keep.
We are dedicated to helping you plan a legacy that is all it can be; providing your family comfort and lasting value. Don’t put it off until tomorrow, contact us today.
Call: 931-451-7884
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