Is it wise to pre-pay for a cremation?

There are two major advantages of prepaid cremation.

First, you may be offered a discounted price and an inflation proof contract. This means that no further money will be due at any time. This financial advantage also will prevent your survivors from having to pay for your last expenses at a time when circumstances, such as a catastrophic illness, might have reduced their ability to pay without hardship.

The second advantage of prepaid cremation is not related to cost. It has to do with the desire that many people feel to be independent and to take care of their own needs without placing the burden on others who will be grieving, This consideration also applies to people who will have no family members to take care of their final arrangements.

There are several reasons why prepaid cremation makes sense. Peace of mind. It is very comforting to know that your wishes will be honored at the time of your passing. Your family will not be burdened by the need to make arrangements at an exceedingly emotional moment. State and provincial laws govern pre-paid contracts. The applicable funeral board, insurance commissioner or board of health will have up to date information. Your local cremation provider will also be able to advise you.