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How does a funeral insurance policy work?

A funeral insurance policy is one way to pre-pay for funeral arrangements. In the case of paying with an insurance policy, a simple policy will be purchased by you, with the funeral home as the beneficiary. This way, upon your death, the funeral home will receive the payout from the policy and can use those assets to fund your funeral.

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Important: This content reflects information from various individuals and organizations and may offer alternative or opposing points of view. It should not be used for medical advice, diagnosis or treatment. As always, you should consult with your healthcare provider about your specific health needs.