What if I already have life insurance?
Even with life insurance, it is recommended to preplan your funeral. Typically, the death benefit from life insurance can take weeks, if not months, before it is paid out. In the event of death, your family is required to pay for funeral expenses upfront, which often creates large out-of-pocket expenses before they receive a life insurance benefit.
Can I have multiple beneficiaries?
Yes, you can. The main beneficiary on a funeral insurance policy is the funeral home. This ensures the policy benefits are paid out immediately after death. If there is any excess of the policy, those funds are returned to the family.
What's the difference between a funeral trust and funeral insurance?
A funeral trust is when money is paid directly to the funeral home, who then places those funds in a trust until you pass. The problem with funeral trusts is that it provides the funeral home with unfettered access to these funds, and unfortunately, there have been accounts of funeral homes misusing these funds or going out of business, with little recourse for the client.
Insurance is different because the premiums are paid directly to the life insurance company. The funeral home will not receive any funds until after your passing, and this money may only be used to cover the cremation expenses.
Are my funds safe?
Yes. Your premiums are paid directly to our national insurance provider, who is licensed and insured in all 50 states.
What happens if you go out of business?
Because your funds are paid directly to our national insurance provider, if something were to happen to After.com, your policy is still effective and insurable through our insurance carrier.
Is my policy transferable?
Yes. All policies may be transferred to another funeral home. There is no requirement that After.com be the service provider, but we are honored to do so.
What happens if I pass away while I'm traveling?
Good question. Many funeral homes offer Out of Area Protection (OAP) as an upsell, or worse, don't offer this coverage at all, instead using it as a loophole for not paying out benefits.
At After.com, we believe in transparent pricing, with no hidden fees. We include Out of Area Protection with each of our policies, ensuring wherever life takes you, you're covered. Now that's true peace of mind coverage!
What happens if if die before I've paid my policy?
It is important to know that in most circumstances, all current accounts will be honored. If you pass away before all payments are made, your insurance may cover the costs of your final expenses, as long as you are outside of the mandatory two-year contestable period.
If for some reason you are not current on payments, the amount of your premiums paid-to-date will still be available for your cremation and funeral services. Any remaining balance will be a lesser amount to be covered by family at the time of arrangements. Likewise, if there were any excess funds remaining from the policy, that money would be returned to your family.
Can I pay off my policy early?
Yes, there are no pre-payment penalties.
What if I decide to cancel?
You may cancel your policy at any time within 30 days of signing for a full refund. Outside of this 30 day window, you will no longer be eligible for a refund or premiums paid.
What happens when I pass?
Since you've already prepaid for your cremation service, your family will simply need to contact After.com
to let us know of your passing. We will then file the claim with the insurance provider to obtain the policy benefit and take care of the rest.