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| My dad’s funeral was last week. He had prepaid his funeral expenses years before. The actual funeral costs were about $3000 more than what he prepaid. We owed nothing. I asked how it works. Funeral homes actually buy a life ins policy through a company that will guarantee to cover the inflated future costs. They also said that funeral homes are highly regulated and that you are not required to have the funeral at that home if you change your mind or move etc. | |
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Prepaying & making payments on final expenses
