National Prearranged Services or nps was reported in a Press Release by the Illinois Comptroller. Some funeral folks ran off with the money. This presents a monetary Funeral Cost problem for funeral homes and consumers.
In Illinois the State will pay the face value of the Funeral insurance policy so the consumer will be able to have their funeral. The funeral home owners and funeral home’s budget will suffer because interest on these policies will not be paid. Funeral homes were counting on making their budgets with these funds.
This means that the funeral home owners will try to squeeze the funeral consumer owner further. More Funeral Cost to all. A sad situation.
Here is a link to one of my blogs that explains more about this situation.
All the more reason to purchase Rest in Peace, Insiders Tips to the Low Cost Less Stress Funeral.
Discover what preneed is and why you need to be aware of the problems of prepaid funerals.
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Rest in Peace: Insider’s Tips to the Low Cost Less Stress Funeral by R Brian Burkhardt and Matt Bacak
Your Funeral Guy, R Brian Burkhardt, author, funeral director, blogger
[...] Read the rest of this great post here [...]
By: Your Funeral Guy: NPS Shut down– Funeral cost Problem For Funeral … | Info for Funeral Preparation on April 13, 2008
at 10:49 pm