Funeral pre-arrangements allow a family the choice of how life will be remembered at the time of death. Pre-arrangement also spares grieving family and friends the emotional and financial decision process at such a difficult time. With business taken care of in advance, loved ones can celebrate life and mourn death without the burden of planning and paying for a funeral.
In addition to emotional benefits, pre-arrangement also provides financial benefits. A funeral can be funded at today’s prices knowing that money has been put aside for this specific purpose.
What can be expected when meeting with the Funeral Director?
An independent Funeral Director or a Pre-Arrangement Counselor can meet with the family at their residence or at the funeral home to learn more about their lives and what is important to them. Then a legally-required, standardized statement of goods and services will be presented to show the various products and services that can be selected as well as their current-day cost.
Toward the conclusion of the meeting, the Funeral Director or Counselor will review the choices with the family and then arrive at a cost using today’s prices.
How is life insurance used?
Pre-Need life insurance policies have a death benefit that is designed to grow as time progresses. Inflation rates cause funeral prices to rise and typically the face value of the policy grows at a similar rate so the funds are there to cover the pre-arranged choices.
In most states, an independent Funeral Director or Pre-Arrangement Counselor can help you pre-arrange your funeral and you can purchase a Unity Financial life insurance policy with a payment plan that will fit any budget. Unity Financial Life Insurance Company will issue you life insurance policy and the benefits of the policy will fund you pre-arrangement plan. The benefits are assigned to the funeral home to pay for the cost of the funeral. Unlike most trust funds, growth on this type of policy is tax exempt.
Isn’t life insurance only for the young and healthy?
Pre-Need life insurance was created for the sole purpose of financing funeral pre-arrangements. Since most Pre-Need clients are of mature age, these products provide higher age limits and lower face amounts that mirror funeral costs. Most applications for coverage request little or no health information.
Unity Financial life insurance policies are issued with a 30-day free look period. During this time the policy may be returned for any reason and the monies will be refunded.
Do it today!
Families that see the value in pre-planning, even if it is information only, gain great peace of mind knowing that their family will not have to make those difficult decisions on the worst day of their life.
What’s my next step?
Are you ready to learn more about how funeral pre-arrangements can benefit you and your loved ones? Call Northern Indiana Funeral Care today at 877-382-2756 or visit our website at www.northernindianafuneralcare.com and click on the Request Brochure button at the bottom of the Home page.