Funerals are already tough enough before you consider their financial cost. Then they can be downright crippling. When the average funeral can be upwards to $10, 000, not many people can afford one outright. You can save yourself and your family by turning to a helping final needs plan provider. With their assistance, you can create your own safety net and make $10, 000 a manageable cost.
Some of us aren’t blessed with extensive savings accounts. We live comfortably day-to-day, but when it comes to creating a large nest-egg, we have some difficulties. Without a lot of money to our names, we’re not leaving behind a lot of money. If this describes your situation, then you might be worrying about how you’ll pay for your funeral. You don’t have $10, 000 extra dollars to cover service expenses, yet you can’t bear avoiding the issue only to leave this whopping price tag for your family to pay.
Luckily, final needs plans can be created to accommodate any budget. Just like your home, car, or other large purchases, you can make small, incremental payments to cover the cost of your funeral. Some plans can be as low as a $5 monthly contribution. You can be setting aside the funds to cover everything with what amounts to less than a coffee a week.
The advantages to a final needs plan goes beyond just the financial benefits, as you’ll be making more than just monthly contributions. With the help of a pre-planning expert like those from the Elephas Group, you’ll be designing your funeral services the way you want them to be. You and your representative will go over every detail in private counselling sessions to ensure that you money is going towards exactly what you want.
Your plan also covers special services that include travel insurance and final documents. Should you pass away while you’re travelling, your final needs representative will arrange to get you home. They’ll deal with all of the necessary documentation, so you family doesn’t have to. They will also provide filing for paperwork that needs to be dealt with once you pass. A representative will fill out all of the necessary documents to notify banks and the government to ensure your account numbers and Social Insurance Number (SIN) can’t be used after you death.
Once you create your plan, you’ll never again have to worry about how you will cover the cost of your funeral; you’ll also never despair about leaving behind unfair debts for your family to cover. For those you are budget-conscious, there has never been a greater way to prepare for such a costly event.