Sending a Body Home Costs $14,000 | Yris Contreras

Sending a body home to the Dominican Republic or Mexico can cost $13,000 to $14,000. Most families find that out the week someone dies. In this episode, Yris Contreras, a Farmers Insurance agent with 18 years in Philadelphia, joins host Niki Weiss to talk about why immigrant and Hispanic families put off life insurance, what repatriation actually costs, and how billions of dollars in policies end up unclaimed because nobody was told they existed. CHAPTERS 0:00 The policy they cancel the day immigration ends 1:17 Meet Yris Contreras, 18 years in Philadelphia insurance 2:37 Why death is a taboo topic in the Dominican Republic 4:53 The group life insurance you lose when you change jobs 5:37 Life insurance and the green card interview 8:38 What full body repatriation actually costs 12:07 The grandmother, the grandchild, and the policy that paid 14:54 What changed after COVID 16:26 What if you don't make it home tonight 18:13 Term, whole, and universal life explained simply 22:54 Life insurance when you have no children 24:00 Beneficiaries, divorce, and what happens when a minor inherits 27:33 The policies families never find out about 29:58 $70 billion in unclaimed assets 31:43 The red book: why somebody has to know what you have WHAT YOU WILL LEARN - What full body repatriation costs and what the process actually involves - Why life insurance comes up in green card interviews, and why those policies get cancelled first - The difference between term, whole, and universal life in plain language - Why life insurance still matters if you have no spouse and no children - How life insurance policies become unclaimed assets, and the one habit that prevents it Start your plan and take the free assessment: https://finalplaybook.com/main-page LISTEN TO THE PODCAST Apple Podcasts: https://podcasts.apple.com/us/podcast/death-and-dying-in-the-digital-age/id1775499012 Spotify: https://open.spotify.com/show/2MQkOgvyPQnLEz1fO9BHkY Subscribe: @DigitalLegacyPodcast FOLLOW US Instagram: https://www.instagram.com/endevo_digitallegacy/ TikTok: https://www.tiktok.com/@endevo_digitallegacy Facebook: https://www.facebook.com/endevo.digitallegacy Download the My Final Playbook app: Apple App Store: https://apps.apple.com/us/app/my-final-playbook/id6791298756 Google Play: https://play.google.com/store/apps/details?id=endevo.life.finalplaybook #deathanddyinginthedigitalage #ENDevo #digitallegacy #myfinalplaybook Disclaimer: This channel is for educational purposes only and does not provide medical, legal, or financial advice.