Yet even with the advent of a company like Everhere, based on the sharing economy and a light, mobile, technological and ecological structure, funeral expenses can be a concern, especially when death suddenly strikes. It is always a good idea to plan ahead.
The average age of people who make pre-arrangements is 69 years old. While this is a great saving for those who will survive for an average of 17 years, imagine what you could do by making your pre-arrangements between 25 and 40 years old! Indeed, funeral expenses increase on average between 5% and 10% per year and a pre-arrangement in trust blocks prices at the time of signing. This means that you could pay around $ 40 for 5 years and, in 30 to 50 years, get all goods and services at today’s price.
Everyone who buys a home or has children in this age group is comfortable with life insurance. Everyone knows that waiting to do this is risky. A health condition can prevent us from later obtaining a favorable policy and in some cases, making us uninsurable. While buying life insurance is important, it’s important to remember that the purchasing power of the premium will go down over time. If today, a $ 100,000 insurance seems good enough, in 50 years, it may not be enough. Just think about how much your parents paid for their home and what you have to pay today to buy your own home. The difference will give you a good idea of the loss of value of your insurance.
A pre-arrangement does the opposite. Think about it! It gives you added value for 50 years at the same price as today. Interesting, isn’t it?
But ... 40 to 50 years is a long time! How do you make sure your pre-arrangement is honored over the years? The company may have closed its doors ... Fortunately, the Preliminary Funeral Arrangements Act is here to protect your investment. Any funeral enterprise that holds pre-arrangements cannot, under the terms of this Act, close its doors or protect itself from its creditors without first finding another organization that undertakes to honor the obligations related to these pre-arrangements. You do not run any risk.
Breaking from tradition
Since the 19th century, families and funeral companies have reached an unspoken agreement: to express a certain comfort and be well seen by members of their community, it is up to the family to pay all expenses related to the death of their family.
Why continue to bend to this tradition? Everhere, in the spirit of a sharing economy, offers people who consult death notices on its site, to make purchases of flowers, jewelry, virtual candles, fruit baskets or other sweets to be sent to the family and gives up to 80% of the profits to the family. Even if you are doing business elsewhere to conclude your pre-arrangements, tell your family your wish to see your death notice on the Everhere website and to give the information required to receive the sums generated.
But it is possible to do even better. With Everhere, you can organize, well in advance, a sound and light presentation from photos or videos that you or your loved ones can upload directly onto the site. The software will create a unique audio-video montage.
Another idea? A mini show featuring the songs or works of a favorite artist can also take place at the last farewell. Thus, people, instead of complying with the chore of the funeral home, could pay a modest entrance fee to enjoy the benefit or exposure and thus reduce the expenses incurred by the family. They may also have the opportunity to buy some products as a souvenir and thus send funds to the family.
Who would think today of attending a wedding without participating in the fees? Everyone knows when you attend a wedding you try and give enough money to cover your food and a seat at the wedding. Still, a wedding is a happy event, planned well in advance. Mourning is always difficult to envision and organize before death, often unpredictable. In addition, people who experience the loss are often put in front of financial puzzles at the same time as they face their grief. Wouldn’t it be normal to help ease the family’s financial woes as much as possible?
We are at a crossroads for funeral rites. Beliefs have become individual, society is more open than ever to change and differentiate from the norm. If everyone adheres to a philosophy of sharing and mutual help, everything will change quickly and become infinitely more meaningful and interesting than what has been imposed on us for over 100 years.