Pre-Need Planning

Overview

Many people pre-plan and pre-pay for their funerals to ensure their wishes are carried out and to avoid burdening loved ones with final expenses. The pre-need industry offers products like final expense insurance, pre-need insurance, and pre-need trusts. This course covers the unique characteristics of these products and their suitability for individuals whose estates would be significantly burdened by funeral costs.

Find this course for your license


License or Certification 

 

Regulator 

 

Type 

 


Objectives

  • Explain why it is important to make plans and pay for funeral expenses in advance
  • Describe the different final arrangement options and choices that individuals may choose and make when pre-planning their funerals ,
  • Explain the advantages and disadvantages of using final expense insurance
  • Describe the features of pre-need plans that are funded by life insurance
  • Understand how trust-funded pre-need plans can be used to pay for funerals in advance
  • Explain the pre-need professional's role and ethical duties when working with clients

Designed For:

Licensed life and health insurance producers, licensed pre-need brokers, funeral directors, financial advisors and planners




Course Information

Adding additional credit may change exam requirements.