Death is the ultimate reality of life and it is important to plan for your funeral arrangements beforehand. It gives you the assurance that the ceremony will be conducted as per your wishes and your family won’t need to worry about arranging for funeral services. However, there are various prevalent myths that prevent people from thinking of funeral planning. Let’s find out the actual truth behind them.

Myth#1: It Is Too Expensive

All funeral insurances do not cost the same. The cost of funeral and burial service varies from $4,000 to $15,000 in Australia, whilst there are also alternative funeral options to consider.. You can opt for an affordable option that covers all expenses you’ll need. You can cut down on unnecessary expenses to reduce insurance premiums. Funeral insurance helps you save costs in the long run.

Myth#2: There is No Need to Think of Funeral Insurance at a Young Age

A majority of people do not think of funeral insurance coverage until old age. It is too hard to think about your death and plan for the relevant financial arrangements. However, buying an insurance early helps you make the most of it. You can plan funeral arrangements easily and it gives you peace of mind that your family won’t have to worry about the expenses.

Myth#3: It’s Too Late to Get a Funeral Insurance in 50’s

It is more beneficial to get funeral insurance at an early age. However, it isn’t too late to get one even after you have turned 50. Some funeral insurance policies are designed for old age. The terms and premiums of these policies vary accordingly. You do not have to provide any information about your health. Therefore, it is a good option for terminally ill people.

Myth#4: It’s Time Consuming

Unlike the common myth, arranging funeral insurance isn’t much time consuming. All you need to do is to choose a funeral insurance provider and purchase an insurance coverage according to your needs.

Myth#5: It’s an Unpleasant Conversation

Most families avoid the topic of death and funeral insurance since it makes them uncomfortable. Undoubtedly, it isn’t easy to think of your own death or that of a close family member, but it can save you from various issues down the road.

Myth#6: Funeral Insurance Is Unnecessary If You Have a Cemetery Property

Some people consider it unnecessary to get funeral insurance if they already have a cemetery property. However, funeral expenses aren’t limited to burial only. They cover all expenses of funeral ceremony, such as a memorial service.

Myth#7: It Is Only For the Poor

Many people don’t get funeral insurance cover, thinking that their family is financially stable. Irrespective of your financial status, it is essential to plan for your funeral arrangements in advance. It ensures that there will be no extra burden on your family after your death. The family of the deceased is already going through an emotional time and it isn’t a good idea to add to their worries.