How Do I Set a Limit for the Cost of my Cremation in Honolulu, Hi?

1 answer | Last updated: Oct 08, 2016
Hymark1949 asked...

I AM A 61YR OLD MALE.I AM EMPLOYED FULL TIME,AND IN GOOD HEALTH.I AM INQUIRERING REGARDING THE PURCHASING OF INSURANCE FOR CREMATION UPON MY DEATH.IWISH TO LIMIT THE AMOUNT TO $5000 OR LESS.ALSO,TO HAVE THE LOWEST MONTHLY PREMIUMS POSSIBLE.I LIVE IN HONOLULU,HI.I WOULD VERY MUCH APPRECIATE YOUR ADVICE.THANKYOU.


Expert Answers

Rebekah Peoples, CFSP, CPC, Is a licensed funeral director and embalmer. She is passionate about serving others and believes that giving clients honest, accurate information empowers them to create tributes and services that are meaningful and appropriate. Her tips about funerals and life can be found at www.funeral411.com.

Most of us think about what we want when we die. Few of us, however, actually do something with those thoughts. Good for you for taking that extra step! In doing a little research about prices in your state for cremation services, it looks like it can easily fit into the amount you're thinking about.

The first step you can make is to call or visit the funeral home of your choice and talk to them about what you want. They'll give you information about cremation costs and payment options. Some funeral homes have someone on staff who is licensed to sell insurance but you may also want to check with local insurance agents. They will be able to explain different types of life insurance and help you decide which one is best for you. Insurance is a good choice because if you're in good health and meet certain conditions, it may pay the full death benefit if your death is untimely and occurs before your premiums pay the policy in full. (Hopefully that won't happen!)

I also would call more than one funeral home to compare costs and payment options. It always helps to get more than one opinion to help you make the decisions that are best for you.