20 Nov 2021
The loss of a loved one is one of the most emotionally significant and heart-wrenching events anyone will face. When a loved one passes, not only do family and friends face a flood of emotions, but those responsible must also ask themselves very practically, “What do I do now?”. The simple answer is to get in touch with a funeral home to facilitate transportation and begin making arrangements for a burial or cremation. And while there are many quality, well-managed funeral homes, some misuse (or even exploit) the grief and confusion of bereaving loved ones to profiteer. So, what can you do to protect yourself?
Under the Funeral Rule, the Federal Trade Commission (FTC) gives you the right to control the cost of your loved one’s funeral, right down to the last penny. You are entitled to choose and pay for only the goods and services you want or need. It’s that simple.
Per the Funeral Rule, funeral homes are required to provide the following:
You have rights associated with the Funeral Rule that funeral homes must adhere to, including:
NOTE: Outside vendors like Walmart and Costco sometimes offer much lower prices on caskets and urns than purchasing directly from a funeral home.
Be aware that under the Funeral Rule, funeral providers have a right to charge a basic services fee, including common services for all funerals. The basic services fee does not (and should never) include fees for optional services or merchandise. The basic services fee includes:
Heritage Associates is here to help on the hardest of days with insurance coverage and complimentary planning assistance. Losing a loved one isn’t just mentally exhausting, it’s also financially draining. To better protect your loved ones from the financial burden of your passing, consider applying for final expense insurance coverage today.
For a deeper understanding of the FTC Funeral Rule, see the FTC’s website.