There are a few ways to choose the right Funeral Plans Company to make your final arrangements. There are many different companies to choose from and a number of different payment options. While some plans allow for lump sum payments, others offer monthly payments. Either way, the money will remain in the Funeral Plans Company’s trust account or life insurance policy, until it is released to the funeral director. The SunLife Guaranteed Funeral Plan, for example, allows you to pay monthly premiums to use the money for your loved one’s funeral, or you can receive it in cash, depending on how much you want.
Read Through The Terms And Conditions
The Funeral Plans Company works as a broker, connecting consumers with providers of funeral plans. Consumers can choose between single, joint, or international funeral plans, allowing them to plan their final arrangements in advance and budget for them accordingly. The Company provides detailed information on 3M+ companies and has a full profile on its website. The Funeral Plans Authority regulates these firms. It will ensure a high level of consumer protection for consumers. It will be important to read through the terms and conditions of each Participating Service Provider before making a final decision.
Prefunding your funeral will ensure that you have enough money for your final arrangements. This way, your loved one’s family can rest assured that they will have enough money to cover all of the costs. And, as a bonus, it will make the entire process easier on your family. By prefunding your funeral, you’ll be able to choose the casket and the urn, as well as other items incidental to your loved one’s funeral. It also eliminates the confusion and guesswork that can occur when you’re grieving.