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Prepaid funeral plans lock in today’s prices: Funeral inflation runs 3–5%/yr — a guaranteed pre-need contract shields your family from future cost increases Trust vs. Families set up these plans ahead of time Prepaid funeral plans are contracts that allow you to arrange and pay for your funeral in advance. Pre-paid funeral plans: protect your family and lock in 2026 funeral prices. These plans can also help to ease Burial insurance, also called final expense or funeral insurance, is a helpful tool for loved ones paying for a departed family member or friend’s funeral, memorial service, headstone, urn, and other final Are There Any Pros and Cons of Paying for Your Funeral in Advance? What are Prepaid Funeral Plans? Is Prepaid Cremation a Good Idea?. That means in the highly unlikely event we aren’t in business when you pass away, your Prepaid funeral plans can help ensure your loved ones aren't financially burdened during a difficult time.
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