BENEFITS OF PRE-ARRANGEMENT
Benefits of pre-arrangement include:
- Peace of mind of having your final affairs documented and in order
- No future price increases for contracted goods and services
- Interest-free payments for up to 60 months for funeral arrangements
(36 months for cremation arrangements, 12 months for mausoleum property)
- Unused Funeral and Cremation contracts are 100% refundable at the time
of death (does not include mausoleum property contracts)
Consumers should only do business with licensed pre-need sellers in good
standing with the Colorado Division of Insurance, such as the Shrine of
Remembrance. Some consumers have lost money investing with unlicensed
pre-need sellers. Costas Rombocos, CEO of the Shrine of Remembrance, along
with other industry leaders and former Colorado Senator MaryAnn Tebedo,
rewrote the Colorado Pre-Need Law in the mid 1990’s, introducing many
consumer protections, regulatory reporting requirements, and improved
accountability for pre-need sales.
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