Options for Financing Funerals

A funeral is an essential expenditure, and a little planning will eliminate the uncertainty of costs and payment. If you don't plan for funeral expenses, you run the risk of your family having to ask friends and relatives to share an unexpected financial burden, which can put everyone in an embarrassing and uncomfortable position. And if you borrow money, it has to be repaid.

Here are some options for financing funerals.

Pre-Need Insurance

Preneed plans are designed to cover the expenses associated with your death and funeral. Selected Funeral and Life Insurance Company offers several payment options to give you flexibility.

Life Insurance

A traditional life insurance policy can meet several needs--pay off loans, fund education costs, and provide for living expenses, as well as funeral expenses.

For more information on funeral pre-planning and pre-funding, contact us.