LIFE INSURANCE STATISTICS
227.1%
From December 1986 to September 2017, funeral expenses rose 227.1 percent, while prices for all items rose 123.4 percent.1
$7,360
The national median cost of a funeral with viewing and burial in 2016 was $7,360.1
$61,554
In 2016, nearly 3 out of 4 consumers, 73%, died with significant outstanding debt. The average total balance of their debt was $61,554, including mortgage debt. Without home loans, the average balance was $12,875.2
Whole Life
Permanent coverage with a cash value component and premiums that don’t change.
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Term Life
Affordable protection with set premiums for a specific amount of time.
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Universal Life
Permanent coverage with flexible premiums and a cash value component.
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