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.
The first life insurance policy, I paid $54.41 for five years for a total of $3,264.60. As best as I can figure out, the funeral home owns this insurance policy.
I have my inheritance from my mother in an annuity and am hoping it will be enough for my funeral expenses. Right now, it is and I have already bought my cemetery plot.
I worked in a funeral home as an embalmer’s assistant in my teens. The cost of a funeral and their ridiculous policies and laws will always screw you over in the end.
Damn, sure am sorry to hear they tried to take advantage of you. One of the biggest scams in life you will probably come across in your life is paying exorbitant fees for cremation/embalming/funerals/burials. In 2001, when my father died, I left his remains in custody of the state and paid $201 for the cremation. One place in town wanted $1500. Leave remains unclaimed (in my state at the time, at least), and the state would cremate for a very paltry sum. Good luck in getting it sorted out!
Funerals are very expensive.
Between the cost of the plot, the casket, the ceremony, the headstone, my father and brother spent about $25000 on my Moms funeral.
I didn’t even know you could get life insurance thru a funeral home,
but I suppose.
Mine’s thru American Family Insurance, everything I’ve paid in from my 30’s isn’t worth a dime while I’m living,
they told me I’m renting it.
I’m worth more dead than alive. I tried to up it from 200K to 500K, but I can’t afford it. Just lucky I’m getting what my kids are getting.
Probably the most terrible thing they said to me
is that it covers suicide after 3 years.
My MOM paid ahead for cremation. When I went to the funeral home, they charged me for it. I w as s so sad that I didn’t remember her saying it was pre paid, but came across the paperwork later.
I’m not going to pay for something for when I’m dead better to save my money and use it while I’m alive they can dump me by the river for all I care but I won’t care I’ll be dead
