What exactly is a pre-need funeral insurance policy?
A. A pre-need funeral insurance policy is an insurance policy whose benefits are assigned to cover the cost of a pre-arranged funeral contract between an individual and their preferred funeral provider. A funeral contract typically includes professional services, funeral merchandise, funeral services and even cemetery services and merchandise. The purpose of pre-need funeral insurance is to set aside funds before the need arises, thereby protecting your loved ones and your financial assets by “locking in” on today’s costs. Pre-need funeral insurance is a choice, not a requirement. All pre-need insurance policies are tied directly to the costs of a pre-arranged funeral. All of the services and merchandise that you select will be covered. There is no tax liability on the death benefit to your surviving family members and there is little or no underwriting required to apply for a pre-need insurance policy. Our funeral pre-planning professionals, not anonymous underwriters, make the decisi
