That’s money that came out of your pocket. A big chunk of that was pre-need sales. Them gettin folks to pay for a big, over-priced funeral in advance.
Sooooo…. think about this. You’re making payments on a $10-20 k funeral and you have paid in $5k and you loose your job and miss a payment. Guess what, you loose your money… you got nothing. OR, you decide maybe you wife and kids could use the money just to eat after you’re gone, or just pay bills. You decide that cremation may be the way to go. Try asking for a refund and see what you get, HA!
Chances of that pre-need still being there when you need it are also pretty slim as well. WHAT THEY HAVEN’T ALREADY SPENT GOES IN THE STOCK MARKET. Also, it’s like aponzie scheme. They keep some to pay for immeadiate need and spend the rest.
Don’t be stupid, do research. Search “funeral timeline” or “SCI” and see what you find. Google.