R 250


Funeral costs and the importance of funeral insurance


Funeral costs and the importance of funeral insurance logo
CPD Accreditation detail

Professional Body: IOBSA

CPD hour allocation: CPD Hours (online learning): 2 CPD hours    

CPD registration number: IOB199

Course description

Understanding the average cost of a funeral and the benefits of insuring for it can provide peace of mind during a difficult period.

The passing of a loved one is a time of deep emotional turmoil, and funeral arrangements can add additional stress, both emotionally and financially.

In this course, we will explore the expenses involved in an average funeral and ensure that you are able to explain why funeral insurance is a prudent choice for many individuals and families.

The following topics will be covered in this course:

  • Average funeral expenses
    • Basic funeral costs:
      • Funeral parlour services
      • Transportation
    • Casket or urn
    • Embalming and body preparation
    • Facility rental
    • Ceremony and staff services
    • Printed materials
    • Grave or cremation fees
    • Miscellaneous expenses 
  • Importance of funeral insurance
    • Financial relief for loved ones
    • No medical exam required
    • Affordability
    • Quick payouts
    • Prevention of financial strain