Anytime you need to lay a loved one to rest, and you’re looking at cremation services in Des Moines, IA, or for funeral options and the loved one didn’t have preplanning in place, chances are you might be confused on how to pay for the event. With the average cost of around $8000 for a funeral, this can be a significant financial investment, so it is good to understand ways you can pay for the event.
Life Insurance
One of the first options that can be utilized to help pay for the expenses that come with one of these events is to use a life insurance policy. Some companies will allow insurance specifically for final costs to pay out the exact amount you need for the funeral.
Pre-Paid
In a best-case scenario, your loved one would have already had money in place to pay for the event and had the arrangements scheduled. The most prominent benefit of choosing to preplan is that it removes a lot of the pressure for the loved ones in their time of loss.
Trusts
There are some situations where a funeral home can arrange a trust-based pre-payment plan. The funds will be deposited into an account that will continually draw interest and be accessed by named individuals to pay for the event.
Loans
Another option is to apply for a personal loan to pay for the event. You may also need to utilize credit cards between friends and family to help pay for the fees.
Crowdfunding
One popular method that’s been becoming more popular over the years is a crowdfunding option. Sites like GoFundMe offer the opportunity for outside individuals to make donations toward the cause. This can also be beneficial in creating a sense of connection with the community because it allows others to offer support for the family.
Funeral Assistance
If there’s no money available and you need funding, some assistance programs offered nationally and locally can be helpful. One starting place is to seek out charities, including a group named Final Farewell. You may also consider going to local churches in memorial societies to seek assistance.
The Social Security Administration offers a one-time payment of $255 for a spouse or child. In addition, the Federal Emergency Management Agency can also provide help if the death occurred due to a natural disaster.
Some other options that are alternative methods are:
- donating the body to science
- checking with the VA
- scheduling a more affordable direct funeral
Keeping Loved One’s Close
There’s no doubt that losing a loved one can be a harrowing experience than having a list of resources to help pay for the cremation services in Des Moines, IA, is highly beneficial. Celebrate Life Iowa Cremation
Services understands the processes they come with loss, and we pride ourselves on offering specialized in affordable Cremation Services for our local community. We take pride in providing the highest level of customer service on the market and would love to help you step by step with your services, so contact us today.
