Advantages to Planning Ahead
Updated: Oct 5, 2020
When you die, it’s going to be a difficult and challenging time for your family and friends. Funeral & memorial planning insurance helps you reduce their stress and the financial burden of your final expenses associated with funeral arrangements. It also gives you peace of mind, knowing that you’ve done everything you can to make this difficult time a little easier for them.
Preneed life insurance – also referred to as funeral insurance, is a simple life insurance policy, linked to a specific funeral provider, and is intended to cover the funeral expenses listed in your preneed contract. The benefit from the policy is payable directly to the funeral provider upon your death, and minimizes the obligation upon your family.
By planning now, you can help alleviate the stress, effort and financial burden of your funeral arrangements on your loved ones during one of the hardest times of their lives.
Here are some of the key benefits of funeral & memorial planning insurance:
Peace of Mind: Not just for you, but for your family and friends as well.
Reflects your expressed wishes: Not only do you make this difficult time a little easier, you also ensure that you’ll be remembered the way you want.
Funding: The proceeds from your funeral & memorial planning insurance are available to pay funeral costs and help minimize financial burden on your family.
Because you care enough to plan ahead for those you love, you can use this planning guide below to record your final wishes and organize life’s many details. Planning ahead assures that those closest to you have all they need to handle your affairs, recognize your wishes, and celebrate your life.