The concept of pre paid funeral is very new in most of the countries of the world. In recent times this concept has gained popularity in some developed countries like Australia, UK, USA etc. It is a wonderful way of planning for your funeral service in advance.

What is prepaid funeral?

Like you plan for the education of your child in advance, prepaid funeral is a kind of planning for your funeral service. For getting this plan you have to approach a funeral director. You can also directly approach the company that has number of directors registered under it. You have to sign a contract with the company that offers to take care of all the arrangements for your funeral service. In compensation you have to pay a sum of money to the company. The amount can be paid in instalments or as a onetime payment. You can specify your preference about type of coffin, location and nature of service. It will be performed the way you would have wanted it.

When to invest in such plans?

Though it is very difficult to predict the end of a person, the ideal time to purchase a pre paid funeral plan is when you reach 50 years of age. This is the time of life when body starts yielding to different kinds of diseases. During this time of life many people write their will. Therefore, this is the right time to purchase a funeral plan.

Eligibility for Prepaid Funeral Plan

Most companies have certain criteria that one must fulfil at the time of enrolling for a pre paid funeral plan. Generally the minimum age is 50 years.

Benefits and Features

Assured Services

The company from where you have purchased the plan is duty to pay for all the expenses incurred during your cremation. Funeral service will be conducted as per the preference you have provided in the contract. The company cannot default because it is regulated by a government body.

More affordable

Purchasing a funeral plan is very affordable. You have to pay for it at present rate for the service you will avail few years later. The price is expected to be higher in future. Therefore, you will be saving good amount of money. You can also pay for the service in instalments at your convenience.

Fixed Price

After you have paid for the plan completely, your family members do not have to pay any further amount of money for the funeral arrangement. Every aspect of funeral service is covered under the plan.

Get the plan transferred if you are moving to another city

If you are moving to another city, you must not worry that you will be losing all your money deposited at the funeral director. You can also get the plan transferred to the city or locality you are moving to. You also have the choice to select the location for your funeral service.

You can also add special requests to a pre paid funeral plan. A good company will ensure that arrangements for your funeral are done the way you wanted.