Iwolefu Funeral Insurance and the Socioeconomics of Burial Ceremony in Ikorodu area of Lagos State

Death is an inevitable aspect of human existence. Human beings have evolved the custom honouring deceased with organized burial arrangements. Each society, therefore, has a different tradition for funeral arrangements and ceremonies. Among Yoruba people, honored elaborate incurring huge expenses. Traditionally, these expenses are borne by deceased’s lineage. The Ikorodu (Remo) sub-ethnic group traditional form insurance that makes communal responsibility. This study microscopically examines aspects among people. It specifically concentrates on practice, locally known as iwolefu, argues practice main instruments which institutions ẹbí (family) ìdílé (lineage) preserved aborigines area. uses historical ethnographical approaches to data collation interpretation.