Funeral
What Is Preneed Insurance?
Many people prearrange their funeral so their family won’t need to worry about making those arrangements at the most difficult time. When you take the step to prearrange your funeral, the last thing you need is to worry about whether your funds will be there when your family needs them.
Preneed insurance is a whole insurance policy designed to prepay specific services and merchandise in a funeral home you have selected. The funeral home has agreed to provide the services at specific prices, and they are guaranteed no to increase in the future. This can be beneficial for someone who is not planning to move to another location any time soon, and want to make sure his/her costs are protected against future inflation.