What About Pre-Payment?
For many people, funeral pre-planning has become an extension of the estate planning process. It is simply one more thing they choose to take care of as they plan for retirement and the next stage in their lives.
Choosing to pre-fund funeral arrangements is another way in which people can protect their families and it can mean locking in the cost of the arrangements at current prices.
Should I Pre-Pay?
Each person’s individual circumstances along with other factors will influence this decision, but there are a number of advantages to pre-payment that you should consider:
Guaranteed Services: Once you have fully funded your pre-planned arrangements, we guarantee to deliver the selected services and merchandise regardless of price increases; this can help protect you and your family from the effects of inflation on funeral costs over time.
There are however, related services such as newspaper notices, for which we cannot guarantee because they are not provided by us directly. Our staff are skilled at helping you to estimate these expenditures and to make allowances for them in your funding arrangements.
Estate Planning: People often choose to pre-plan and pre-pay in the years leading up to their retirement.
Typically it is at this point in our lives that we are in our prime earning years and have the most expendable income. For many, this is the easiest time to potentially remove an unpredictable future expense from their financial planning.
Budgeting: Our pre-planning program offers a payment plan option that allows you to pay the cost of selected services and merchandise over a period of time.
Those who choose to pay for funeral arrangements in advance generally have a choice with regards to how and when they pay.
You have the choice of making a single full payment or making regular partial payments over an agreed period of time. With full payment you are immediately eligible for our locked-in service guarantee, meaning the services you have arranged are paid in full regardless of any increase in our prices between the time of arrangement and the time the funeral plan is carried out.
Insurance, can be used but does not provide the same guarantee, that prepaying will. A Funeral Director can explain to you some options that are available to you when using insurance.
Funeral Financing – We realize not every family has the resources to pay 100% of the funeral expenses up front. We also believe this should not prevent your loved one from receiving the Celebration of Life or Funeral that they deserve. We now offer Funeral Financing which allows your family to receive a flexible payment schedule.
- With our easy 3-step application process you can become approved in seconds:
- Apply at our funeral center or online at home,
- Choose your term and monthly payment,
- Sign your online agreement.
- Checking your monthly payment will NOT hurt your credit score.
- Through our partnership with LendingUSA you are guaranteed: Zero Percent Interest Rate if paid in full in six months, affordable monthly payments, approved within seconds, No prepayment penalties, fixed payment amount, fixed term.