The Importance of Pre-Need Funeral Insurance Policies

Pre-need (or prepaid) insurance policies are whole life policies that are designed specifically to cover funeral expenses when the insured person dies.  In many cases, the applicant signs a pre-funded funeral arrangement with a funeral home at the time the policy is applied for.  The death proceeds are then guaranteed to be directed to the funeral services provider for payment of services rendered.  Most contracts dictate that any excess proceeds will go either to the insured’s estate or a designated beneficiary.

Today, more and more people are planning their funerals in advance.  Pre-planning, or pre-arranging, as this is commonly known, is simply taking care of your service details before the need arises.  Working together with a Funeral Planning Professional, who has special training and experience, you can be sure these details are taken care of.  

Do you want a traditional funeral or a simple memorial service?  Burial or cremation?  In addition, you can choose to personalize specific items such as people to notify, location, readings or favorite songs, flowers, clothing, and anything else that is important to you.

Why pre-plan?  Consider…

o       It’s Transferable… if you should move out of state, or simply choose another funeral home, your pre-plan can transfer with you.

o       Optional Payment Plans… single and multi-year payment plans are available.  If death should occur before the payments are completed, the funeral plan may be paid in full, depending on the plan.

o       Peace of Mind… by knowing that your funeral is taken care of.  You will receive the funeral you arranged, at the price you agreed to.

o       Solid Program, Solid Decision… Pre-planning is endorsed by lawyers, trust officers, and financial planners as an effective way to provide for final expenses and preserve your assets for your beneficiaries.

How do you preplan?  

Making Arrangements – When ready, you can sit down with a planning professional who will explain the various options available.  This information will help you determine your choice of service and make decisions on any other ideas you may have for your remembrance.  A statement of your service selections will then be kept at the funeral home until needed.

Pre-fund Your Funeral - Funeral prices, like other things, increase over time.  By pre-funding at today’s prices, you can be assured that the money will be there to cover tomorrow’s funeral costs.  Pre-funding can also help relieve the financial burden on those close to you.  Handling the costs of a funeral, and possibly overspending because they weren’t certain of your wishes, can be extremely stressful and even a hardship.  Once you have pre-funded your services, you have taken that last step in assuring that your remembrance will be the way you wait with less stress on those left behind.  This allows them to focus on remembering you and celebrating your life.  There are a variety of pre-funding options available.  Sonoran Skies Mortuary welcomes the opportunity to sit down and go through these with you.

INTERESTED IN LEARNING MORE?  Your funeral planning professional can help you make these important decisions.  They will work with you to make sure your funeral service is everything you would like it to be, and will review a program for you – with NO COST or OBLIGATION.  Contact Sonoran Skies Mortuary today to get started!  Call us at 480-985-4900, or email us at ssmortuary@yahoo.com.  You can also get started by visiting www.sonoranskiesmortuaryaz.com, click on “Pre-Planning” and start by filling out the brief pre-planning form.   

Please call us with any questions you may have.  

We look forward to working with you!