What
are the Advantages of Preplanning?
First,
Preplanning ensures that all of your final wishes
will be fulfilled. Because death is a diffucult
subject to duscuss, often times your true wishes
may not be known or fully understood by your
family,
Second,
preplanning can eliminate the financial burden
that a funeral might pose on your survivors. and
by prepaying, your funeral will cost less now than
it would in the future.
Third,
preplanning provides you and your family with the
peace-of-mind in knowing everything has been
"taken care of " in the manor you specified. It is
the best gift you can leave your loved
ones.
Are
the number of funeral prearrangements
increasing?
Yes, Many
people are discovering the peace of mind that
prearranging provides. At Caskets and
More we are meeting with people daily to
help answer any of the questions families have and
to help them with the process.
If I choose to pre-pay, what
happens to the money?
It is placed
in a third -party trust. It is in
an irrevocable trust, and it's purpose is the
protection of your pre-paid funds. Since the funds
and irrevocably assigned, they can only be
used for your final exspences, and cannot be
accessed by anyone prior to death. The trust
also protects your funds from Medicaid, should a
nursing home stay ever become neccessary.
What are some of the things
the plan takes care of?
- Accidental Death
Benefit-
- Full death
benefits are paid during the first two policy
years on graded-death benefit policies for
accidental death. No additional premium is
charged.
- Away-From-Home Death
Benefit-
- In most
states an additional $500 death benefit is paid
when death occurs more than 250 miles from the
insured's residence. This benefit helps pay the
additional costs involved when death occurs
outside the funeral home's service area.
Policies written for $2,000 or greater carry
this benefit. No additional premium is
charged.
- Liberal Age Limits-
- Multiple
payment plans may be written from birth to age
87; single-payment plans are available to age
99.
- Tax and Attachment
Protection-
- All plans
are designed to avoid taxes by the IRS or
attachment when financial care is assumed by
Medicaid.
- Rapid Payment on
Claims-
- The
majority of death claims are paid within 24
hours upon receipt of claim forms. A fax line is
available to accelerate the claims-payment
process. Electronic bank deposit is also
available to avoid mail delays.
- Immediate
Commission-
- No delay
of commission payment is incurred while waiting
for policy approval or policy
delivery.
- Home Office Support-
- Our staff
is well-trained and skilled in quality customer
service. We are readily available to answer any
questions or concerns you have.
