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Traditional life insurance is intended to provide for your survivors’ future financial needs, such as income, education costs, and mortgage payments. Pre-need funeral insurance is specifically intended to cover the predetermined costs of your prearranged funeral. The growth that accumulates on your funds is then used by the funeral home to offset inflation from the day you prearrange to the date of your death. .
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What is the difference between a traditional life insurance policy and pre-need funeral insurance policy?
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