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Originally Posted by Broken Arrow
I fully agree that life insurance is still necessary to cover funeral expenses. I checked around the net briefly and, according to this article, the average funeral expenses in 2004 is around $6,500. That's no chump change to pass to your next of kin. Less is entirely possible of course, hence the purpose of that article. In other words, a tiny policy should do it. |
I agree completely. My husband's (unmarried) sister died Friday with $0 in life insurance, savings, and assets. Now her father is going to have to pass the hat to bury her. Her mom can't help because she's in a nursing home and her father was recently laid off. That's not a nice thing for grieving parents to have to worry about. You don't need a lot but something would be nice.