Necrophobia is the fear of death and about 68% of people in the U.S. have it. For most people, death is not an easy topic, especially if it’s not your own. In recent years, there are more people who are buying prepaid funeral plans.
Aaronsmortuary.com and other industry experts list some reasons why they matter. Keep these in mind if you’re looking for funeral planning services in your area:
They give you peace of mind.
A survey found that 43% of people buy funeral plans because it gives them peace of mind in terms of saving their family from the trouble of arranging their funerals in the future. This is probably one of the main reasons more people are now planning their own funerals in the future. After all, it’s hard to mourn the loss of a loved one when there are many things to be done for their funeral.
They can save your family from rising funeral prices.
Every year, the cost of funerals continues to rise. About 27% of people get prepaid funeral plans so they can save their family from the trouble from having to deal with rising costs. Based on a survey, the average costs for funerals surged by 5.5% in 2016 and it continues to rise. What’s more alarming is that the 5.5% increase in 2016 represents an alarming 103% increase in the past 12 years.
They can help you get your finances in order.
Some people do not want to spend their money planning their future funerals. Some think that it’s better to spend it now on other things. What they don’t understand is that at some point, death will happen and you (or your family) need to spend money to give you a proper sendoff.
If you want to get ensure that you get a proper funeral, considering buying a funeral plan in advance while you can still make the decision yourself. It is a practical way of setting your finances in order.