What is a Funeral Trust

If you’re in the insurance industry and looking for new ways to position yourself in the senior market, understanding what’s at your fingertips is essential to standing out amongst a crowded marketplace. Enter the idea of incorporating funeral planning with a funeral trust into your book of business.

What is a funeral trust?

The funeral trust is a combination of a small, guaranteed-issue life insurance policy that is irrevocably assigned to a free trust. It transfers all risk to the insurance company.

Funeral Trust Benefits:

• Convenient: 1 Page application. Conduct the entire policy-writing process in minutes.
• Guaranteed: Assets are protected for the sole use of final expenses.
• Immediate: Probate-exempt, allowing for prompt funeral-provider payment.
• Irrevocable: Guaranteed to be safe from creditors and predators, period.
• Portable: Applicable to any funeral home in the US.
• Predictable: Policy value grows steadily to account for rising market costs.
• Strategic: Reduces assets to accelerate government benefits.

As the senior population grows, so does the demand for financial advisors and life insurance agents who understand their unique needs. Attend the Funeral Trust Expo to gain the knowledge and skills you need to serve this important market.