4 Things to Watch Out for When Buying a Funeral Plan
Two thirds of bereaved adults report feeling stressed about funeral costs, according to research from insurer MetLife.
One way to ease the burden on your family and friends is to pay for your funeral in advance by taking out a plan.
But it’s essential to understand how these plans work, as they don’t cover everything.
- Funeral plans can help alleviate financial stress on loved ones.
- Understanding what is covered by the plan is crucial.
- MetLife’s survey found that 30% of stressed individuals were unsure if they could afford the funeral.
- 25% of stressed individuals didn’t know if a plan was in place outlining their loved one’s wishes.
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Author's summary: Consider funeral plans to ease financial burdens.
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