Preplanning (preneed)

Companies serving preneed sales and funding.

Buyer's guide

Preneed companies support preplanning sales and funding. Rules for preneed sales and trust funds vary by state and province; check with your regulator before adopting any program. Consider how any outreach to families will feel to them.

Ask any preneed partner: Is the product licensed in my province or state? How are funds held (trust or insurance), and what happens to them if the family moves or cancels? How is my home compensated, and will that be disclosed to families? Homesteaders Life, for example, is a mutual insurer founded in 1906 that works through account executives; its terms are not published.

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