- Protect Your Loved Ones
By making your funding plans in advance, you avoid placing a financial burden on your family and friends.
- Peace of Mind
Take comfort in knowing that your funeral expenses are taken care of.
- Exempt Assets
The plan may be considered an excluded asset in order to qualify for Medicaid and Supplemental Security Income (SSI).
Your beneficiaries will be able to use the funds to pay for funeral costs or other final expenses, such as medical bills and other debts.
- Fund Value Increases Over Time
When you set aside funds in advance, the death benefit increases at a predictable growth rate, similar to a savings account.
- Make Tax Time Easier
By transferring funds from an investment such as a certificate of deposit or money market account, you don’t have to worry about taxation on growth or 1099 forms.
- A Program for Everyone
Your funeral director can help develop a plan that will fit your needs in terms of payment options and health conditions.
- Consumer Friendly
Any funds left over after paying your funeral costs will be returned to your beneficiaries listed on the policy or your estate, depending on your plan.
- 30-Day Free Look
If you should change your mind, you have 30 days to cancel and receive a full refund.
- Solid Program, Solid Decision
Advance planning is endorsed by attorneys, trust officers and financial professionals as an effective way to provide for final expenses and preserve your assets for your beneficiaries.