• About Us
  • Privacy Policy
  • Contact
Mortgage Insurance Center
  • Home
  • Mortgages
  • Health Insurance
  • Home Insurance
  • Life insuranace
  • Finance Laws
    • Banking Laws
    • Assets
    • Interest Rate
    • Loans
No Result
View All Result
  • Home
  • Mortgages
  • Health Insurance
  • Home Insurance
  • Life insuranace
  • Finance Laws
    • Banking Laws
    • Assets
    • Interest Rate
    • Loans
No Result
View All Result
Mortgage Insurance Center
No Result
View All Result
Home Life insuranace

Are Americans considering eco-friendly burial options?

by Staff
June 13, 2022
in Life insuranace
0
Are Americans considering eco-friendly burial options?
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

[ad_1]

MORGANTOWN, W.Va. (WBOY) — The 2022 results of Choice Mutual Insurance Agency‘s annual survey on burial preferences show a potential shift away from cremation and toward natural burial. The survey reached 1,500 people in the US, ages 18 and older.

Courtesy: Choice Mutual Insurance Agency.

According to the survey, cremation preferences decreased from 44% in 2020 to 37% in 2022. Cremation remains a popular option (potentially because of its low cost and convenience) but could be decreasing in popularity due to a growing number of recent studies showing the environmental impact of cremation. In the past, cremation was seen as a more eco-friendly option because traditional burials take up large amounts of land and require burying concrete and toxic embalming fluid. But, cremation has its faults in the level of carbon dioxide and other toxic substances that are released in the burning process.

A preference for natural burial has risen by 6%, according to the survey. A natural burial is defined as placing the body directly into the ground where it can naturally decompose instead of embalming the body and putting it into a casket.


Monongalia County funeral home provides a greener option for burials

The survey shows an age gap for people who are aware of the natural burial option—only 55% of those older than 54 said they are familiar with the alternative compared to 79% of the 25-34 age group.

Courtesy: Choice Mutual Insurance Agency

The survey asked participants if they would consider body composting, which it defined as “the natural process of body decomposition to create usable, nutrient-dense soil.” This is different from natural burial and is a relatively new practice that is only legal in Washington, Oregon, Colorado and Vermont.

The survey showed that nearly 50% indicated that they would consider body composting. This option also had a considerable age gap, with only 31% of those older than 54 indicating they would consider it, compared to 62% of people between 25-34.


Opioids oversupplied during pandemic, studies suggest

Courtesy: Choice Mutual Insurance Agency

While financial reasons only made up 12% of the key reasons for the survey respondents’ burial decisions, the cost of the funeral/burial was one of the biggest concerns for end-of-life plans at 36%.

According to Choice Mutual, a natural burial is generally cheaper than a traditional burial because you will not be paying for the embalming or metal casket, which can cost thousands. Data published by the National Funeral Directors Association indicates that the median cost of a traditional funeral in 2021 is $7,848, compared to Choice Mutual’s assessment in their 2020 report that the starting cost of a natural burial is $3,500.


Did the assault weapons ban of 1994 bring down mass shootings? Here’s what the data tells us

While the number of people using life insurance to pay for burial and funeral costs decreased over the past few years, it remains the number one way expenses will be covered, according to the survey. WBOY asked the insurance company if natural/green burial options would be covered in an insurance policy.

“Burial insurance is a small whole life insurance policy that seniors can qualify for regardless of health,” said Choice Mutual CEO Anthony Martin. “All forms of life insurance simply pay out a tax-free cash benefit to the beneficiaries. The beneficiaries can use that money for any reason, including paying for a green burial.”

The survey also asked participants about their level of worry about end-of-life plans and if loved ones are aware of their burial/funeral plans. More information about the survey and its methodology is available on Choice Mutual’s website.

[ad_2]

Source link

Previous Post

CEFS: High-Yield Income Strategy With An Interest Rate Kicker (BATS:CEFS)

Next Post

DeChambeau Goes to LIV Golf, Rocket Mortgage Ends Sponsorship

Next Post
DeChambeau Goes to LIV Golf, Rocket Mortgage Ends Sponsorship

DeChambeau Goes to LIV Golf, Rocket Mortgage Ends Sponsorship

Popular Posts

Ajanta Pharma : Newspaper Advertisements
Life insuranace

Taiming Assurance Broker : Announcement on behalf of the major subsidiary Link-Aim Life Insurance Broker Co.,LTD. to distribute dividends.

by Staff
July 28, 2022
0

Close Provided by: TAIMING ASSURANCE BROKER CO.,LTD. SEQ_NO 4 Date of...

Read more

Taiming Assurance Broker : Announcement on behalf of the major subsidiary Link-Aim Life Insurance Broker Co.,LTD. to distribute dividends.

20% interest rate on credit cards! Here’s how to avoid paying those high rates :: WRAL.com

Sens. Murphy, Blumenthal, Colleagues Reintroduce the Behavioral Health Coverage Transparency Act – InsuranceNewsNet

$1 billion in loans still available for agricultural funding in Ohio

How Long Do Car Accidents Stay on Your Record?

Rocket Mortgage Classic Wagers: Pick To Finish Top-10

Load More

Popular Posts

The perks and pitfalls of adjustable-rate mortgages in 2022

by Staff
June 13, 2022
0

Ajanta Pharma : Newspaper Advertisements

Taiming Assurance Broker : Announcement on behalf of the major subsidiary Link-Aim Life Insurance Broker Co.,LTD. to distribute dividends.

by Staff
July 28, 2022
0

Propy introduces blockchain title and escrow service

Propy introduces blockchain title and escrow service

by Staff
May 26, 2022
0

Ajanta Pharma : Newspaper Advertisements

Taiming Assurance Broker : Announcement on behalf of the major subsidiary Link-Aim Life Insurance Broker Co.,LTD. to distribute dividends.

July 28, 2022

20% interest rate on credit cards! Here’s how to avoid paying those high rates :: WRAL.com

July 28, 2022
Edelweiss General Insurance launches India’s first on-demand, mobile telematics-based comprehensive motor insurance – SWITCH

Sens. Murphy, Blumenthal, Colleagues Reintroduce the Behavioral Health Coverage Transparency Act – InsuranceNewsNet

July 28, 2022

Categories

  • Assets
  • Banking Laws
  • Finance Laws
  • Health Insurance
  • Home Insurance
  • Interest Rate
  • Life insuranace
  • Loans
  • Mortgages

Tags

home loans mortgage personal loan
  • Privacy Policy
  • contact us

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • About Us
  • contact us
  • Home
  • Home 2
  • Home 3
  • Privacy Policy

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.