According to the U.S. Federal Trade Commission: "A traditional funeral, including a casket and vault, costs about $6,000, although 'extras' like flowers, obituary notices, acknowledgment cards or limousines can add thousands of dollars to the bottom line. Many funerals run well over $10,000. Final Expense Life Insurance is designed to pay an income tax-free death benefit to a beneficiary to help with these rising funeral costs.