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Don’t Crowdfund Your Family’s Future

There is a new phenomenon sweeping the internet: crowdfunding. It’s increasingly being used to raise funds for grieving families. Chances are you’ve seen this more than once. Someone passes away, and within a day or two a representative from the family opens a crowdfunding page to raise funds to pay for funeral expenses and medical bills.  

Without question, crowdfunding is a great way to harness the power of the internet for charitable ends, but it is often insufficient.

Recent studies show that the average crowdfunding memorial page raises $2,000-$2,200 far below the average cost of funeral services.[1] Grieving families are left to deal with the shortfall as well as the additional stress of soliciting donations, figuring out how to access the money and calculating platform fees.     

This is Life Insurance Awareness Month. It’s a great opportunity for you to evaluate your life insurance coverage and make sure your family’s future will not be left up to a crowdfunding page.  

The Knights of Columbus can help protect you. 

Please let me show you how. 

Daniel S. Garcia FIC

Phone: 516 358-1817

Email: KofCDanGarcia@aol.com 

Discover the Catholic Difference.


 [1] “Crowdfunding Funerals: What You Need to Know” by Kayleigh Kulp, Fox Business. Accessed August 15, 2016. http://www.foxbusiness.com/features/2014/08/08/crowdfunding-funerals-what-need-to-know.html