LyteSpeed Learning is thrilled to be able to offer approved, nationwide courses for those that want to be able to offer funeral insurance, also referred to as “preneed insurance” and “final expense” insurance, depending on your location.
Lytespeed Learning is known for its state approved training courses for those looking to obtain or maintain their insurance licenses in the state. But some of our courses are also applicable nationally, and that is especially true of our funeral insurance pre-licensing courses.
If you are located anywhere, in all 50 states, and would like to become licensed to offer funeral insurance, please visit our preneed insurance licensing page to navigate to your approved course, or contact us at any time if you need help finding the right options for your state.
What is Pre-Need Insurance?
We call it “Pre-need” here in California, but it goes by different terms depending on your state. Pre-need is insurance that a person can obtain at a funeral home to help their families pay for the costs of their burial and final needs.
It is a form of life insurance that differs from other forms of life insurance, not only because of what it covers, but also who can provide it. This type of insurance does not require a traditional life insurance license. It is often sold those working at mortuaries and funeral homes, helping provide families looking at the costs of burial the opportunity to cover their costs without worrying about the burden it might place on their family.
Who Can Offer Pre-Need?
Insurance companies often partner with funeral homes to offer pre-need insurance policies. These policies are specifically designed to cover funeral and burial expenses.
Insurance companies provide the financial backing and management of these policies, ensuring that the funds are available when needed. They may also offer additional benefits, such as portability, which allows the policy to be used at different funeral homes if the policyholder moves or prefers another provider.
But what makes funeral insurance interesting is that other people, not in the insurance world, are allowed to sell it as well. For example:
- Funeral Homes
Funeral homes are the primary providers of pre-need services. They offer a range of pre-need plans that can cover various funeral and burial expenses, such as:
- Funeral services
- Casket or urn selection
- Burial or cremation costs
- Memorial services
- Cemetery plots and markers
Funeral homes typically have pre-need counselors who work with clients to customize plans that meet their personal preferences and budget. These counselors are knowledgeable about the different options available and can guide clients through the planning process, ensuring that all details are considered and documented.
- Cemeteries
Cemeteries may also offer pre-need services directly, particularly for burial plots and related expenses. These services can include:
- Pre-purchasing burial plots or mausoleum spaces
- Arranging for perpetual care of the burial site
- Selecting and installing headstones or grave markers
By working directly with cemeteries, individuals can ensure that their final resting place is secured.
Obtain Your Funeral Insurance License with LyteSpeed Learning
If you’re looking to obtain a license in funeral insurance, start today with LyteSpeed Learning. Our courses are online, and we are able to provide resources and training to help you receive your license and maintain it over time. Start today.