Funeral Tech Startups Expand Your Future Possibilities.

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No one knows their day or time of death. However, one can choose whether he wants his corpse to be buried in fungus or converted to diamond. After the death of Luke Perry, the former actor of Beverly Hills show known as 90210, his Cadaver was enclosed in a white and black bodysuit worth $1500. Green funeral startup known as Coeio designed the suit with small organisms and mushrooms. The suit is designed in such a way that it can slowly turn the corpse into compost. According to Coeio, the suit cleanses the dead body of toxins and reduces the impact of people killed in the environment.

In the UK, traditional funerals mainly rely on cremation and burying the dead. However, through its founder Jae Rhim Lee, Coeio is looking to overshadow this system by introducing its modern ways. One can now choose to change his ashes to be a vinyl record or a diamond. This system is cheaper compared to the former regime of putting the body in a casket. According to Sunlife insurance company, the average cost of a funeral is $5700. It tends to be a challenge for low-income families as they find difficulties when paying bills. In 2019, the average price tag after funeral cost $12300 rose with over 70% compared to 2014.

Tech firms always complain of the ancient funeral directors dominating the funeral market. To succumb to this and save customers from the poor mismanagement, investors took matters into their hands and invested in price comparison sites. Customers can now book funeral services and purchase cascades online, saving them up to $1000. Co funder of Zoopla Alex Chesterman and the founders of GoCompare Kevin Hughes and Hayley Parsons offers support to will provider firms Farewill and Price comparison site about the Funeral. According to Derrick Grant, founder of Willow, a funeral company, most of the funeral directors won’t assure you than a green burial will be economical, and a lot of cash won’t be needed. Neither will they tell you that the hand’s decoration is useless and that they will later sell as scrap. Such activities lead low-income families to fall into more than $1500 debts. After the untimely death with no support or proper advice from professionals, most funeral organizers tend to make poor decisions that later escalate to massive bills.

However, finance it’s not the only challenge. During burning and burying dead bodies, toxic chemicals are exposed to the soil and air. According to research by Funeral Consumers Alliance, annually, cremation presents over 240000 tons of CO2 in the air.

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