What is Preneed Funeral InsuranceA preneed funeral is a funeral that is planned and paid for in advance. There are many that people find this appealing because it allows you to lock in the price for funeral expenses—avoiding potential increases in the future, due to inflation or other factors. A prepaid funeral plan is typically paid for in monthly installments over the course of several years or you can also pay it in full with no monthly payments.
Who needs pre-need life insurance?Several groups of people can benefit from pre-need funeral insurance. This type of policy can be a good fit for people who do not have life insurance and want to help their family pay for end-of-life costs. Pre-need life insurance removes the guesswork for those who think family members would struggle emotionally or financially to plan their funeral.
Pre-need insurance can also benefit people with pre-existing health conditions or do not qualify for a traditional life insurance policy. Unlike regular life insurance, physical health is not a determining factor in the approval process. If you’re considering planning for your funeral ahead of time, you’re making a smart choice; doing so can save your family both money and decision-making during an emotional period. We offer Pre-Need in at least 40 states. CLICK HERE to book an appointment with me to learn more about our PRE-NEED services. |
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