Cleanup Fund
Categories: Tech, Investing, Entrepreneur
The insurance industry isn’t exactly known for being...polite? Politically correct? Making people comfortable?
The “cleanup fund” term is no different. A cleanup fund covers the final expenses associated with someone’s death. You know, cleaning up what’s left (hopefully not off the road).
This fund for final expenses covers things like the funeral and headstone/cemetery costs (or cremation, if that’s the deceased’s thing...did you know you can also donate your body to science at a ‘body farm,’ or turn your corpse into mushrooms or a diamond? Look it up. No, really, go look it up.).
The cleanup fund for rich people will no doubt include funding estate settlement and transfer costs. Someone’s gotta do it, and they’re not going to unless they’re paid for it, so...that’s how it goes.
