Can someone tell me how the average cost of a funeral??
What you want to know is what your funeral will cost when you need it…not what it costs today. Figure around $8,000 today and double that figure for every 15-years you may live. So if you are 50 and expect to live to 80 you would need $32,000 to be about right. Or you can buy an actual funeral policy which has an inflation protection built in to the policy. A funeral policy will pay the death benefit within 48 hours of your death. Regular life insurance will usually pay within 30 to 60 days.