As you must plan the funeral or memorial of a loved one, you will soon realize the expenses can add up. However, while there is still time, proper planning can help you overcome this burden. While having final expense insurance can help cover most of the costs, you can still lower these expenses by implementing the following three options.
Price Shop For Caskets
The average casket costs anywhere from $2,000 – $3,000. This is the charge to expect walking into a funeral home and not price shopping. After you have added on the bells and whistles, the cost of a casket can easily skyrocket another thousand dollars.
A funeral home is required to show you all of their available caskets, not just the ones on the main display floor. So be sure to see the ones they may have sitting in the basement – which are the least expensive options.
Another idea is to look at a third party vendor for caskets. You can start checking out caskets online at the following sites:
The funeral home you use should not charge any additional fees for purchasing a different vendors casket.
Purchase The Grave Liner
Do you know the difference between a burial vault and a grave liner? The vault is used to cover the entire casket as it is placed in the ground. A liner covers just the side and top of the casket. Grave liners are much cheaper than a burial vault. Burial vaults and liners are also available per a third party vendor.
See If The Deceased Is Eligible For A Military Burial
The cemetery expense can be just as costly as the actual funeral. The plot alone could cost you $1,500. Then, add on the endowment care, opening and closing, grave marker fees, and other expenses and you could be close to over $4,100 in cemetery fees.
Ex-military are known to be eligible for a military burial. However, the U.S. Department of Veteran Affairs states that spouses, dependents, and parents may be entitled to be buried at a military cemetery as well. This could save you thousands of dollars. Complete the Application for Burial Benefits if you suspect your loved one is entitled to this benefit.
Between a funeral and burial expenses, it can feel you are going to go over your head in debt to bury a loved one. However, combining final expense insurance and the above three tips will keep the expenses low and more affordable.