Pre-Need Insurance
The next step for your peace of mind.
There are a number of benefits to pre-funding your services or the service of your loved one.
Funeral pre-funding can help safeguard your savings and other traditional life insurance for their intended purposes. Plus, by purchasing your funeral in advance, you can secure the cost of your funeral at today’s prices.
When you choose to pre-fund your final arrangements, your money is put in a top-rated insurance company (Homesteaders Life Company) until it is required. Consider it as an investment that will earn interest to help offset inflation.
Your funeral costs are covered with a pre-funded funeral arrangement which includes:
• Funeral director’s professional services
• Funeral home facility and staff charges
• Transportation charges
• Casket, vault, and other items
When you decide to pre-fund, your funeral service expenses and some merchandise will be covered. To cover additional costs, there are allowances and flexibility for expenditures related to your funeral. Hitzeman Funeral Home, Ltd., makes sure all legal documentation is completed and your claim is processed.
Once your services are paid in full, our price is guaranteed. You will never have to pay more for items that you already paid for.
Why Pre-fund a Funeral?
Pre-funding preserves assets and protects against inflation.
An insurance policy can help protect your assets.
Funeral funds are assured by placing those funds with an insurance company. All insurance policies are regulated by the Illinois Department of Insurance.
Pre-funding sets aside funds before your finances are reduced by Social Security, Medicaid, or Public Aid eligibility.
Let family members know where you keep important documents.
Once your pre-planning/pre-funding services are complete, we will provide extra copies for your records, family members, and your attorney. Inform a close friend or relative what arrangements have been made and where the information may be found.
Advance funeral planning is just as important as sufficient life insurance, a will, and other contingencies you have in place to protect your family.
For more information or to schedule an appointment, please call 708-485-2000.
Pre-arrangements are highly recommended for individuals receiving nursing home public assistance. Before applying for Medicaid, individuals may provide funds for funeral services as well as for the casket, grave space, marker, grave opening/closing charges, and other fees as part of the “spend down” process to meet eligibility requirements.
Pre-Funding will prevent your life insurance policies from being depleted or cashed in prior to receiving public assistance. The Pre-Fund policy through our insurance partner is irrevocable, meaning the State cannot acquire those funds. They are protected and can only be utilized for your funeral services.