Back in 2015 I pre-planned a direct cremation with a funeral home. I paid about $3,200 cash premiums for a $3,620 life insurance policy.
This past month I decided to add a viewing and memorial service for $2,860. They sold me another life insurance policy. I got the policy in the mail Tuesday, and I’m supposed to pay $36.95 a month for twenty years when I turn 81. That’s a total of $8,860. What a rip-off! I mailed the policy back the next day during my 30-day period to inspect it. I also put a Stop Payment on the premiums with my bank. I wrote the funeral home a letter telling them to cancel the new contract, and asking them to honor the old one for a direct cremation.
I don’t trust this funeral home now. I’ve got an appointment with another one to see how much they cost, and if I can transfer my contract to them. I may just have to write-off the $3,200 I have paid the first funeral home. I don’t know.