Personalized Prepayment Plans
The Heritage Cremation Society is pleased to offer families the following Personalized Prepayment Plans. In the state of Ohio, we must place the funds you use to prepay for your arrangements with a company approved by the state; therefore, we do not have access to these funds until the time of death. Your funds are protected by an independent company that is bonded, insured and licensed by the state of Ohio to handle your money.
The most popular plans in effect today are those funded through insurance trusts. These plans allow for guaranteed pricing at today’s cost with flexible payment options. Plans start for as little as $15.00 per month They can be paid for as follows:
- Single Payment Plans
- Twelve Months Same As Cash
- Three, Five, Seven and Ten Year Payment Plans
*Multi-year plans will include a premium for the ability to lock in at today’s prices while being able to pay for your arrangements over time.
For those unable to make regular payments, the next best choice are funeral trusts. These plans are designed for those who want to put something aside for their arrangements but they might not be able to make a payment every month or the amount they can afford might vary. These plans offer dollar-for-dollar value. What you pay in accumulates and grows over time for when you need it. You can lock-in and guarantee the price of the plan at any time by paying off the remaining balance at the prevailing price.
For those who already have an insurance policy and wish to use it to pay for their final arrangements, we offer a variety of options whereby the proceeds of the policy are used to pay for your Heritage Cremation Society plan. This is a very popular choice for those qualifying for Medicaid. Your HCS professional will prepare the necessary Change of Beneficiary and/or Ownership forms and work with your insurance company to make sure everything is handled properly. Your plan can be prepared so that once your arrangements are paid for any remaining proceeds of the policy will be sent to the beneficiary(s) of your choice.