Pre-Need / Advance Planning

The decision to purchase preneed funeral insurance allows you to work with a pre-need insurance agent of your choice to identify, outline and pay for exactly what you want for your funeral. This can help avoid leaving your loved ones with difficult decisions that may not be in accordance with your wishes.

Preneed funeral insurance is designed to set aside funds for your funeral before the need arises  and protects your loved ones from shouldering the financial burden after you die. It covers the costs of predetermined expenses such as standard funeral home services, funeral merchandise, church, and burial services. Instead of paying the benefits of your policy to your beneficiary when you die, the money goes directly to the funeral service provider of your choosing. In some instances, this type of policy can protect against inflation and the rising cost of funeral expenses by locking into today's prices for services and merchandise.

Burial insurance offers some flexibility and can help relieve the financial burden of paying for your funeral. Because the death benefit is paid to the beneficiary you specify, that person has the ability to use the money in any way they see fit. Ultimately, this leaves your loved ones with the task of making funeral decisions at the time of your death at present day cost.

Why you need it: Death can be expensive ⁠— from settling an estate to planning a funeral, the associated costs can really set you back ⁠— but a life insurance policy will ease the financial burden placed on a surviving spouse, dependents and or next of kin.

Who needs it: Those with or without dependents?

What it is: In the event of death, a life insurance policy pays a beneficiary an agreed-upon amount of money to cover the expenses (including funeral services) left by the deceased. A beneficiary is the person or entity named in a policy who receives benefits.