Frequently Asked Questions
Q: What happens to my funeral/cremation plan if I move?
A: Our pre-arranged funeral/cremation plans are completely transferable. Simply contact the funeral home in your new home town and ask them if they will accept the transfer of your funeral plan to their facility.
Q: Can't I just put money away in a savings account and let the interest keep growing to cover my funeral/cremation costs?
A: Yes, investing in a savings plan is one way to pay for a funeral/cremation. However, the savings plan you choose will not be protected from inflation like a pre-arranged funeral plan. This means that your family may have to come up with additional money at a very stressful and emotional time. Also, money in a savings account is not exempt from Medicaid spend down requirements like a pre-arranged funeral plan. Meaning you might need to spend that money on medical expenses or nursing home charges if you get sick. In most states money set aside in a guaranteed pre-arranged funeral plan is exempt from Medicaid spend down provisions.
Q: I am a Veteran! Won't the government pay for my burial/cremation?
A: The VA will provide a burial space at a national cemetery, a marker for the grave, a flag and a small amount to go toward burial if you qualify. Generally, the VA only covers a very small portion of overall funeral/cremation expenses and only if you meet very specific qualifications. In addition to the VA, Social Security will only pay $255 to a qualified surviving spouse or a legally dependent child.
Q: What happens if my funeral home goes out of business?
A: Since our pre-arranged funeral/cremation plans are all funded by an insurance policy the funeral home will not have access to your money until after a death has occurred. So, if the funeral home goes out of business you can simply transfer your plan to another funeral home.
Q: I have life insurance; do I still need a pre-arranged funeral/cremation plan?
A: Like a savings plan, life insurance is one way to pay for funeral services but it does not protect against the rising cost caused by inflation. Many times life insurance benefits are eaten up with medical bills, end of life expenses, the needs of your survivors and inflation. Only a pre-arranged funeral plan can guarantee that your funeral/cremation expenses will be paid regardless of future prices.