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When it comes to funeral expenses life insurance is your best route to go because you as beneficiary will be paid a tax free lump sum payment to take care of all those expenses associated with the expensive costs of a funeral today. Gofundme is not life insurance 11162016 1028 pm et updated nov 17 2017 your death should be a time of celebrating your life not a time for your loved ones to crowdfund asking for donations toward the final expenses that you failed to properly plan toward.
Gofundme is not life insurance.
Life insurance go fund me. Les had no insurance. Limra a life insurance research association says that people overestimate the cost of life insurance by over 3 times. The crowdfunding website gofundme says it has raised 4 billion for people in need helping to build funds that go toward final expenses and raising money for surviving family members.
I know times may be tough for certain people but i am asking you to dig deep into your heart and help us put our loved one to rest. However take the necessary steps to make sure your family will know what to expect if you pass away. Dont leave them with a wish and a gofundme page.
While its great to see an outpouring of love and support for people in a time of need i hope that people dont come to see gofundme as a replacement for life insurance. 1 i am no longer contributing to gofundme campaigns 2 life insurance is super cheap now go do the right thing. Life insurance can also pay for childcare and college tuition.
You never know what to expect out of life. The financial burden of giving our grandfather father husband uncle brother and friend a proper farewell and honoring his life has solely been placed on our family.
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