Select Pay is a way of paying for your PrePlan account arrangements on a monthly basis. It requires a minimum deposit of $250. The remaining funeral charges are divided into monthly payments making it easier for consumers with financial restraints. You have the option of splitting up your payments over the 12, 18, 24, 36, 48 and 60 month terms that are available. Once the account is opened, every month a payment coupon or an automatic electronic withdrawal from your checking account is sent to PrePlan for the specified amount.
One of the most important things you can do is to begin thinking seriously about your final arrangements. Decisions such as whether you would like to be buried or cremated and where you would like your final resting place to be can give you a place to start your planning process.
By opening a PrePlan trust account and making small monthly payments of as little as $50 a month over a number of years you can begin to take steps financially to offset the final costs of funeral services.
The reality is that we will not be here forever. It is how we each prepare for this inevitable event that can make all the difference between having a “Celebration of Life” or an emotionally and financially stressful obligation left for loved ones to carry out.
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