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4. Final Planning — A Love-Inspired Decision — How Do I Prepay for My Funeral?

How do I prepay for my funeral? There are different ways to prepay for your funeral. A safe, secure and simple way to prepay — or “prefund” — is with a preneed life insurance policy. A preneed life insurance policy is designed specifically for funding your preplanned funeral. This makes it different from a regular life insurance policy, which is meant to be left to your family to help cover other final expenses like medical bills and credit card balances.

Here are three things to keep in mind if you decide to prepay your funeral with a preneed life insurance policy:

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