You’ve seen them on TV just like me. Those amazing commercials advertising that you, too, can have a guaranteed issued insurance plan that will pay for your funeral and final expenses. For only $5.00 a week or $9.95 a month you can get your plan…
What they don’t tell you is that you’re going to pay for that plan most likely until age 100 or until you pass away. Do the math… for $57.23 a month, a 62 year old gets a whopping $10,000.00 of insurance coverage. That’s quite different that the $5.00 a week, but let’s not worry about that right now. If you’re 62 today there’s a better than good chance you’re going to see age 85 before you need this insurance. So for the next 23 years you have to pay $57.23 a month to get a $10,000.00 benefit at the time of death. Do the math: $57.23 times 23 years of payments totals $15,795.48. Ah, but your family will get a benefit check for $10,000.
Today the nation wide average for a casketed funeral is about $10,000.00! Would you care to guess what the average cost will be in 23 years? Me either… but I think it’s safe to assume it will be considerably more than $10,000.00! Ah, but not to worry. I’m sure someone in your family will be happy to pay the difference.
You see, the commercials are designed to entice you into believing you’re taking care of all your funeral needs with one easy monthly payment, AND you’ll leave your grandchildren a little on the side.
If you’re really serious about taking care of your funeral plans, and have peace of mind knowing the cost for your funeral is price locked and guaranteed into the future whenever you decide to move to heaven, then give me a call at Memorial Funeral Services… my cell number is 619-942-1994. There is a secure and safe way to plan ahead and you will not have to make payments for the rest of your life.