Prepay for funeral services
Because of our low-cost of cremation and burial arrangements, it may not make sense to prepay for many of our members. Instead we seek to educate you regarding the options and let you choose what is right for your situation. Before you make a decision about what to do, we encourage you to read our document The Benefits and Risks of Prepayment.
Prepayment in any form involves trusting that someone else will securely hold and manage your money and deliver it to the funeral home at time of death. That means trusting that the bank, insurance company, funeral home, family or friend will perform their duties responsibly. We cannot guarantee that the funeral costs for prepaid plans will remain the same over time. There is no "locking in" today's rates.
i'M READY TO PREPAY
The Co-op Funeral Home of People's Memorial offers life insurance as a means of funding your final arrangements. In the event there are more life insurance funds than necessary to pay for your chosen arrangements, we will refund the difference to your estate or next-of-kin.
You can either proceed with initiating a prepayment plan online through this form or by setting up an appointment with a funeral director using the form below.
What are the risks and benefits to PREPAYing?
There has been much hype in recent years regarding prepaying funeral expenses. Since The Co-op Funeral Home of People's Memorial seeks to have all consumers make informed decisions, we want you to know both the benefits and risks of the different types of prepayment. Depending on your financial and insurance circumstances, it may not make sense to prepay for many of our members. You will receive no sales pressure from us to do so, instead we seek to educate you regarding the options and let you choose what is right for your situation.
We cannot guarantee that the funeral costs for prepaid plans will remain the same over time. There is no "locking in" today's rates. To help account for this, you may wish to allocate an additional 10% of total funds to cover such a future price increase. In the event there are more life insurance funds than necessary to pay for your chosen arrangements, we will refund the difference to your estate or next-of-kin.
Before you make a decision about what to do, we encourage you to read our document
The Benefits and Risks of Prepayment. You can also write to our funeral director staff using the form below to inquire if your circumstances are well suited to prepayment.
A prepayment helps elucidate your funeral wishes to your next-of-kin, but there are other ways to plan in advance. People's Memorial Association makes funeral planning documents available for free. If you'd like more information on planning options, please contact The Co-op Funeral Home using the form below.
I would like more information or I would like to set up an appointment to pre-pay.
Please note that in-person prepayment appointments may take up to 1 hour, and payment is restricted to check only. Availability is limited so please anticipate it may take a week for an arrangement appointment to be scheduled.