|
Just Enough
Insurance To Bury You?
Not a bad
idea! Today the cost would be about $10,000 - but you didn't die
today. Nor are you likely to die tomorrow. In fact our statistics
show us there is every reason to believe you will live to age
81* or beyond.
What will
the funeral cost be then?
Consider the
following:
|
Current
Age
|
Life
Expectancy*
|
$10,000
Funeral Cost @ 4% Inflation
|
|
35
|
81
|
$60,748
|
|
45
|
81
|
$41,039
|
|
55
|
82
|
$28,834
|
|
65
|
84
|
$21,068
|
These future
funeral costs are at a modest inflation rate of 4% and do not
include other estate costs such as:
| Estate
Administration Fees |
chargeable |
1-5% |
| Registered
Assets |
taxable |
100% |
| Vacation
Property |
taxable |
66 2/3% |
| Stocks/Mutual
Funds |
taxable |
66 2/3% |
Just enough
to bury you? How much insurance is enough?
*
values based on female nonsmoker
Just
Enough to Bury You is
courtesy of Garth R. Jones Insurance Representative
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