This information is shared to help our customers make an informed decision about their life insurance needs.
Funerals, burials, and cremations can be expensive. In 2021, the median cost of a funeral with a burial was $7,848. The median price for a funeral with cremation was only slightly less, costing roughly $6,971.
While many people rely on personal savings to cover end-of-life expenses, others choose to purchase final expense insurance. Taking out an insurance policy can be a good option if you want to help your loved ones pay for your final wishes.
Although Ethos doesn't sell insurance specifically for final expenses, our term and whole life purposes are an excellent alternative to leave funds available for a memorial service. Our whole life policies offer guaranteed approval, making them a great option for people ages 66-85 who want to have a burial plan in place.