When someone close to you dies, you may often expect them to have arranged for the cost of their funeral service. This target figure can easily reach $10,000 or more. When you find out that the deceased has not assigned a life insurance policy or made any other specific provision to pay the bill, you may wonder how the funeral provider will be paid for their services because it may be months before the probate is completed after the death. You may need assistance with funeral costs.
What Options Are Available?
You can try and reduce the cost of the funeral, but even the least costly version is going to cost you at least $4000, because everyone insists on a good quality funeral for the deceased. This is not a project where you can intend to cut corners to save money, although some will obviously try, because of difficult financial situations.
You may need assistance with funeral costs even when the individual has chosen a green or an eco-friendly funeral. There may not be sufficient savings easily accessible from the deceased’s bank account or savings. Where their life insurance policy has not been assigned, several months will probably elapse before probate is completed and the life insurance policy proceeds can be paid out.
Assigning the life insurance policy to the funeral provider will ensure that the funeral service will be paid for quickly and efficiently, removing the need for the family to worry about substantial bills when they should be grieving for their dearly departed.
The funeral director will be the main provider for the entire process from removing the body from a home, hospital or elsewhere; to the funeral service as well as providing for the services of perhaps a crematorium, the cemetery and the mason, for a headstone.
Requiring assistance with funeral costs should not be an embarrassment and a difficulty for those left behind. The solution to this problem can be easily obtained by enlisting the services of a funeral assignment company that deals and completes all the negotiations with the life insurance company.