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Myth 7 - ``I'm Single, I Don't Need Life Insurance!``

Truth

The truth is even if no one else is dependent on your income you’re still likely to leave behind medical bills, personal debt such as credit card balances and final expenses such as funeral and state costs.

  • Professional service charges – $1,500
  • Embalming – $450
  • Facilities and preparations – $550
  • Visitation/viewing – $350
  • Transfer of remains to a funeral home – $250
  • Hearse (local) – $250
  • Service car/van – $150
  • Acknowledgement cards – $50
  • Flowers – $300
  • Casket – $2,500
  • Cemetery plot, headstone and ceremony – $2,200
  • Legal fees and other disbursements – $2,000
  • TOTAL – $10,550

Many funerals and state expenses run well over $10,000. These expenses could be an unnecessary burden on your parents or siblings at a very difficult time in their lives.

Why's Tip!

If you’re single, getting life cover can be a great way to leave your legacy behind to a favourite charity or worthwhile cause.

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