Understanding Final Expense Insurance in Houston TX. A long and difficult road for many, losing a loved one has an emotional cost that cannot be quantified.
However, having a final expense strategy up front can help ease the financial burden of that struggle so you and your family can better navigate those tough times.
You may not have thought that much until now, but did you know that a traditional funeral can cost up to $ 10,000? If that number seems outrageous, take a look at how quickly some of the basic items and services can add up:
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- Tomb Site Cost: $ 1,000
- Cost to dig the grave: $ 600
- Coffin Cost: $ 2,300
- Cost of grave liner/outer burial container: $ 1,000
- Tombstone Cost: $ 1,500
That’s $ 6,400 already … and we haven’t even added mortar services, funeral home usage, funeral director fee, cost of flowers, and more details that you may not have thought of (until that is in a position where you need it). These costs can vary by geographic location, but one thing you can count on is that the emotional cost you or your family experience when you lose a loved one could be compounded by a financial burden if you haven’t done a little planning now.
Faced with the loss of someone you love, your financial situation may be the last thing on your mind. With a solid final expense strategy in place, you have the potential to keep it that way.