Funeral pre-arrangements: a gift for your loved ones
More and more people are conscious about not wanting to leave their families in the dark about their final wishes. They choose to make the pre-arrangements for their own funeral. Here are the most frequently asked questions on this subject.
Why make pre-arrangements?
Funeral pre-arrangements are the best way to guarantee your wishes will be respected, while sparing your loved ones from the burden of choosing from various options at the time of death.
Will the prices be adjusted at the time of my death?
The prices indicated on a funeral pre-arrangements contract are not adjusted at death if the pre-arranged contract is paid in full at the time of signature, or through no fault payment in the case of a financing agreement.
Is my money is safe once my pre-arrangements contract is paid for?
The amounts collected are deposited in a trust account within a maximum of 45 days. Subsequently, the buyer will receive an acknowledgment of an account opening from the Trustee within 30 days.
Is it possible to cancel my pre-arrangements contract?
Many people believe that it is impossible to cancel a funeral pre-arrangements contract, but this is FALSE. You are able to cancel a pre-arrangements contract at any time. Take note that the law on funeral pre-arrangements entitles companies to retain up to 10% of the contract amount as costs of termination.
Is it possible to make changes to my contract while I am alive?
You are able to make any changes to your pre-arrangements contract. Your last wishes may change over the years, which is normal. You will therefore be able to make changes to a service or to the choice of method for disposal without any problem.