Cost is important, but it’s not the whole story. Take a look at the premium, the amount you will pay each month, how long will you pay that amount? It is not uncommon to pay until you are 100 or even older. Will you be able to pay that amount each month as you age? What if you live to be 100? Will the benefit stay in place? How much will you have paid in by that time? It’s not unheard of for people to end up paying more than they will receive in death benefits.
Look at the coverage. How much will be paid on your death? Most policies are for a fixed amount your family will receive when you die. This is the death benefit. How soon will you be covered for the full amount? Sometimes you will need to make payments for as long as two years before you would be eligible for the full death benefit. Often the death benefit stays the same over the course of your lifetime. So, as you age and the price of funerals increases, your policy is at risk of falling short and not providing your family with enough to cover the cost of your funeral.
Before you sign anything, call your local funeral home. Ask for an appointment with the funeral professional who takes care of
advance funeral planning.
When you meet with this individual be straight forward. Share your financial situation. See what the funeral home has to offer.
Most of the time the funeral home’s funding program is a little more per month but you make payments for a much shorter period of time. So, you pay much less in the long run. If you are in good health you will most likely be covered as soon as the policy is issued. Some funeral homes even offer a cost guarantee which means you have no worries about the rising cost of funerals.
It’s always worth the extra time to be sure you are getting the best final expense coverage you can afford. The one that will really be there for your family when it’s needed.
www.murdochfuneralhome.com
Since 1847, Murdoch Funeral Homes & Cremation Service has been committed to providing compassionate care and meaningful services that honor the lives of loved ones throughout their community. Their professional and empathetic staff offer funeral, burial, memorial and cremation services, with each service as unique as the life of the person they’re honoring. Through five generations of family ownership, this Iowa funeral home focuses on providing care to families before, during, and after services, offering resources that help them navigate their new journey through grief. Murdoch Funeral Homes & Cremation Service is honored to provide guidance and care to families in need throughout Cedar Rapids, Marion, Manchester, Center Point, Central City, Earlville, Iowa and surrounding communities. Visit murdochfuneralhome.com to learn more.
Because you are there we all sleep better at night. You serve in the Army, Air Force, Navy, Marines, and Coast Guard. Some of you serve for two years, some for twenty or more. Some enter into service at a tender age looking for opportunity. Some are following a longstanding family tradition. You are mothers, fathers, sons, and daughters. We, thank you for your service.
You spend days, weeks, and even years away from your family. You are not always there to teach your daughter to ride her bike; perhaps you missed your son’s first steps. Because you serve, you can’t always be counted on to attend the baseball game or the teacher conference. With your service comes sacrifice. Sacrifices made by both you and your family. We thank you and your family for your service.
Thank you for being ready and on alert so that we can go about our business without even thinking about the “what ifs”. Thank you for putting yourself in harms way. Thank you for giving us your time, your energy and your youth. Thank you for representing us with honor where ever you are stationed.
Regardless of whether you serve us at home or in foreign lands, in time of war or peace, we thank you for your service.
On Memorial Day we remember those who gave their lives in our service, on Armed Forces Day we honor those currently serving. On Veterans Day we honor all who have served our country from the Revolution in 1776 to today. Thank you.
www.murdochfuneralhome.com
What’s the story behind flowers at a funeral? Well, back in the day before funeral directors perfected the art and science of embalming, flowers were used to mask the odor of the body.
First, relax. Talking about your funeral plans might make you a little uncomfortable at first but making a plan doesn’t mean you will be using it anytime soon. Your funeral director or advance planner will guide you through the process. Most people get very comfortable in just a few minutes.
