what is preeneed life Insurance?

Preneed life insurance is a type of policy that specifically helps cover funeral expenses in advance. It’s purchased while you're still alive to ensure that your funeral costs are taken care of when the time comes.

With preneed life insurance, you work with a funeral home to set up a plan that outlines exactly what services you want (like burial, cremation, or specific funeral arrangements). You then pay premiums over time, and when you pass away, the funeral home receives the benefit directly to cover the costs.

This kind of insurance gives you peace of mind knowing your funeral expenses are handled, and it also helps ease the financial burden on your family.