Senior Benefits — Mailing from Georgia
Our member and correspondent from Georgia, Pat Sprunt sent us this dispatch in early October:
“Thousands of Seniors nationwide are applying for the **New Funeral Expense Benefit** which will pay up to $35,000 for these [funeral] expenses.”
The card Pat received invites you to “register” for benefits then shifts focus to receiving “information on the plan designed for today’s Seniors.” Well, is it registration or asking for a more detailed sales pitch? The starting text points out that federal government provides funeral expense benefits but that they are well below likely funeral costs. This is certainly true.
The core issue, however, is whether you need insurance (the likely product) and if so, whether you need it from this vendor. If you are well along in years, insurance gets pretty expensive. It may be appropriate in special situations but not as something linked to undefined government benefits (most likely a reference to a Social Security death benefit that is sometimes available).
Before nibbling on this offer, you need to review your financial and health situation, your specific funeral plans (you do have them written out, right?) and have conversations about this with your family and health care agent(s).
Thanks and a tip of the hat to Pat S.