Final Expense Cost Calculator for Arizona

The National Funeral Directors Association’s 2023 study put the national median at $8,300 for a funeral with viewing and burial and $6,280 for one with viewing and cremation. Those medians leave out cemetery costs, and local prices differ, so ask an Arizona funeral home for its price list.

A smaller whole life policy meant to pay funeral costs and final bills. Some policies ask a few health questions; guaranteed issue policies ask none but usually cost more and may phase in the full benefit.

Yes. Under the Federal Trade Commission’s Funeral Rule, funeral homes must give you an itemized price list when you ask about arrangements in person, and give prices by phone if you ask.

Anything your family needs. The benefit is paid to the beneficiary you name, not to the funeral home, so it can cover the funeral, burial or cremation, medical bills, debts or travel for family. Your beneficiary decides how to use it, which is why it helps to tell them your wishes.

Add up the funeral, burial or cremation, cemetery costs and any final bills, then subtract what you already have set aside. That difference is the amount this calculator shows. Many people round it up a little, because prices can rise between now and when the policy pays.

The NFDA 2023 medians leave out the cemetery plot, opening and closing the grave, a headstone or marker, flowers and obituaries. If you plan a burial, add those separately in the calculator. They can be a large share of the total, so ask the cemetery for its prices too.

No. A preneed plan is arranged with one funeral home and pays for the goods and services you choose there. Final expense insurance is a life insurance policy that pays your beneficiary, who can use it at any funeral home or for other bills. Some families use one, some use both.

Usually. In the NFDA 2023 national medians, a funeral with viewing and cremation came to about $2,020 less than one with viewing and burial, before any cemetery costs. Burial also adds a plot and a marker. Local prices vary, so compare price lists from Arizona funeral homes.

Final expense policies are usually small whole life policies, so coverage lasts for life as long as premiums are paid, and the premium normally stays level. That is different from term life, which ends after a set period. Policies are subject to underwriting and carrier approval.