Pre-need funerals can be funded either in a single lump sum payment or in a multi-payment over an approved of amount of time. But single pays must pay the fully contracted amount at the time of signing the contract. Also now because of federal privacy requirements not only must the verified social security number of the pre-need recipient be given but the verified social security number of the certificate holder even if they are a power of attorney or a guardian of the pre-need recipient. The law is clear and in all cases must be complied with, for all pre-need contracts. The social security number is used for identification purposes only.
Russell F. Peck, Jr.
Mass. Licensed Insurance Agent - Pre-Need Insurance
506 Washington St.
Braintree, MA 02184
781-356-5319 | 781-389-3972
781-356-4777 | 781-356-4777
Disclaimer: Long Term Care Insurance is not FDIC insured and is not guaranteed nor is an obligation of your employer.
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