preneed contracts

Preneed contracts are agreements made in advance to pay for funeral or burial services and merchandise, such as caskets or urns. They enable individuals to plan ahead, locking in prices and ensuring their wishes are fulfilled, often through payment plans. These contracts can be funded with insurance, savings, or other methods, and are typically held securely by a funeral home or a third-party provider. The goal is to reduce the emotional and financial burden on loved ones by arranging arrangements beforehand, providing peace of mind and clear directives when the end-of-life moment arrives.