Costs tick up: burial funerals rose 5.8% over two years to $8,300. π
#northstarinsurance #finalfacts
Cremation continues rising: 63.4% projected for 2025; burial 31.6%. β±οΈ
#northstarinsurance #finalfacts
For eligible veterans, VA pays $978 burial allowance and $978 plot allowance (Oct 1, 2024+)
#northstarinsurance #finalfacts
Coverage gap: women 46% vs men 57% owning life insurance in 2024. Letβs close it. βοΈ #northstarinsurance #finalfacts
The need gap is real: 42% say they need life insurance or more. Mind the gap. β οΈ
#northstarinsurance #finalfacts
Ownership is flat: about half of adults report having life insurance. Coverage quality matters. π‘οΈ
#northstarinsurance #finalfacts
Social Securityβs lumpβsum death benefit is only $255. Plan beyond it. π‘
#northstarinsurance #finalfacts
Medicare doesnβt pay funeral costs. Families often fill the gap with final expense coverage. π« #northstarinsurance #finalfacts
Price transparency is required. Ask for the General Price List before you decide. π
#northstarinsurance #finalfacts
Your rights matter: funeral homes must accept outside caskets/urns with no extra fees. βοΈ #northstarinsurance #finalfacts
Cremation with a service had a 2023 median of $6,280. Knowing the numbers matters. π #northstarinsurance #finalfacts
Sticker-shock check: the median funeral with viewing and burial ran $8,300 in 2023. π΅ #northstarinsurance #finalfacts
Cremation keeps trending up π By 2024 it reached 61.9% of funerals, with burial at 33.2%. #northstarinsurance #finalfacts
π₯ Final Facts Friday: By 2025, cremation is expected to make up 63% of all funerals β reflecting a major shift in end-of-life choices. π
#northstar2026 #northstarinsurance #finalfacts #finalexpense #insurance
π Final Facts Friday: In 2023, North America made up 38.8% of the global burial insurance market β a growing need for protection and peace of mind. π
#northstar2025 #northstarinsurance #finalfacts #finalexpense #insurance
β³ Final Facts Friday: 30% of families face financial hardship within just one month of losing a wage-earner. Planning ahead can protect what matters most. π
#northstar2025 #northstarinsurance #finalfacts #finalexpense #insurance
β°οΈ Final Facts Friday: Only 35% of people used life insurance payouts for funeral and final expenses β leaving many costs uncovered. π‘
#northstar2025 #northstarinsurance #finalfacts #finalexpense #insurance
π Final Facts Friday: Over half of Americans struggle financially after a loss β and 14% face serious hardship. The right plan can make all the difference. π‘οΈ
#northstar2025 #northstarinsurance #finalfacts #finalexpense #insurance
π Final Facts Friday: 23% of people only think about life insurance when it comes to covering final expenses β leaving other financial needs unprotected. π‘
#northstar2025 #northstarinsurance #finalfacts #finalexpense #insurance
β±οΈ Final Facts Friday: In 2024, cremation made up 61.9% of funerals, while burials accounted for 33.2% β showing a clear shift in preferences. π
#northstar2025 #northstarinsurance #finalfacts #finalexpense #insurance
π Final Facts Friday: 52% of Americans have life insurance β but 41% say itβs not enough. The right coverage can make all the difference. π
#northstar2025 #northstarinsurance #finalfacts #finalexpense #insurance
π Final Facts Friday: Final expense insurance covers more than funeral costs β it can also help with medical bills, travel, and unpaid debts. π‘οΈ
#northstar2025 #northstarinsurance #finalfacts #finalexpense #insurance
π« Final Facts Friday: Medicare doesnβt cover funeral or burial costs β a gap that final expense insurance can help fill. ποΈ
#northstar2025 #northstarinsurance #finalfacts #finalexpense #insurance
π Final Facts Friday: With funeral costs on the rise, more people are turning to final expense insurance for peace of mind and financial protection. π‘οΈ
#northstar2025 #northstarinsurance #finalfacts #finalexpense #insurance
π Final Facts Friday: 62% of Americans feel financially unprepared to handle a loved oneβs passing. The right coverage can change that. ποΈ
#northstar2025 #northstarinsurance #finalfacts #finalexpense #insurance
π΅ Final Facts Friday: The Social Security death benefit is only $255 β barely enough to cover a fraction of funeral costs. Planning ahead matters. β οΈ
#northstar2025 #northstarinsurance #finalfacts #finalexpense #insurance
π Final Facts Friday: In 2023, pre-need insurance policies for funeral costs rose by 8% β a sign more people are planning ahead. ποΈ
#northstar2025 #northstarinsurance #finalfacts #finalexpense #insurance
βοΈ Final Facts Friday: Funeral homes must let you use third-party caskets or urns β with no extra fees. Your choices, your rights. ποΈ
#northstar2025 #northstarinsurance #finalfacts #finalexpense #insurance
π Final Facts Friday: Burial insurance gives you more flexibility than prepaid funeral plans β putting the choice back in your hands. π
#northstar2025 #northstarinsurance #finalfacts #finalexpense #insurance
Ask ChatGPT
π Final Facts Friday: Funeral homes must clearly disclose base fees β no hidden charges allowed. Transparency matters when making important decisions. βοΈ
#northstar2025 #northstarinsurance #finalfacts #finalexpense #insurance