Recession Drives 65% Cremation Increase

September 17, 2009
Advertisement

Funeral homes have seen a drastic increase in the less expensive cremation option over full burial year-over-year, some experiencing an almost 65 per cent increase, Tribune Business was told yesterday, as official figures indicated a 7 per cent increase in New Providence funeral fees – coupled with the recession – was responsible for the change.

In the Department of Statistics’ July consumer price index, New Providence funerals fees increased by 6.6 per cent, while fees in Grand Bahama increased by 7.9 per cent.

Many funeral homes were surprised by the change, some saying they were “shocked” to hear that funeral expenses had gone up.

Advertisement

Managing director of Cedar Crest Funeral Home, Audley Fraser, said his company had not increased its fees in over three years.

According to him, despite the increased cost of shipping caskets, the company had tried to absorb the expense in order to keep their prices competitive.

However, Mr Fraser suggested the rising cost of burial in Grand Bahama – and the markedly depressed market – may be the reason for that island’s almost 8 per cent increase in funeral expenses.

He and other funeral home personnel agreed that the number of families cremating their deceased loved ones has increased exponentially since 2008.

With the cost of a basic funeral pegged at almost $5,000, and a direct cremation at about $1,300, persons were opting out of the costly and rapidly declining burial plots.

“It has increased drastically,” said a director at Butlers Funeral Home. “I’m doing a lot of cremations.”

She told this paper she was busy working on two full funerals, but that the requests for cremations far outweighed that of the traditional funeral and burial.

A Secretary at Restview Memorial Mortuary and Crematorium said his company had seen an almost 65 per cent increase in the number of cremations performed at their crematorium.

“It’s cheaper than having a funeral service,” he said.

He suggested that there have been a lot more deaths recently as well, blaming the increase on an overall decrease in health throughout New Providence.

“Cremation is the main solution people resort to these days,” said the Restview secretary.

Source: Tribune

CDFuneralNews

CDFuneralNews

ConnectingDirectors.com is the leading online daily publication for funeral professionals with a reader base of over 45,000 of the most elite and forward-thinking professionals in the profession. With ConnectingDirectors.com we have created a global community through an online platform allowing funeral professionals to Stay Current. Stay Informed and Stay Elite.
CDFuneralNews
Advertisement

You may be interested

Homesteaders: A Deep Dive | FUNERAL hustle 012
FUNERAL Hustle
334 views
FUNERAL Hustle
334 views

Homesteaders: A Deep Dive | FUNERAL hustle 012

CDFuneralNews - September 14, 2017

Ryan heads to Homesteaders Life Company HQ to discuss their future partnership with Homesteaders and why and how this partnership…

FrontRunner Professional Announces Ultimate ‘DIY’ Funeral Home Website Platform
Funeral Industry Press Releases
128 views
Funeral Industry Press Releases
128 views

FrontRunner Professional Announces Ultimate ‘DIY’ Funeral Home Website Platform

CDFuneralNews - September 14, 2017

Today FrontRunner Professional announced the release of it’s brand new website platform, marking a major change for the entire death…

Matthews Aurora Funeral Solutions Shares Integration Update
Funeral Industry Press Releases
78 views
Funeral Industry Press Releases
78 views

Matthews Aurora Funeral Solutions Shares Integration Update

CDFuneralNews - September 14, 2017

PITTSBURGH, PA -- Matthews Aurora Funeral Solutions today announced an update of key activities for its ongoing integration of Aurora…

Comments