UPPECUPPEC Pre-Need Funeral InsurancePre-Need Funeral Insurance

A Program OverviewA Program Overview

Protecting and Serving California Communities For Over a Century

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Where is the UPPEC Plan Where is the UPPEC Plan Sold?Sold?

The UPPEC The UPPEC partnerspartners with Funeral Homes with Funeral Homes throughout the State of California.throughout the State of California.

Pre-Need Funeral Insurance AgentsPre-Need Funeral Insurance Agents within the funeral homes are the ones that within the funeral homes are the ones that sell the UPPEC Pre-Need Funeral sell the UPPEC Pre-Need Funeral Insurance PlanInsurance Plan..

The UPPEC provides a The UPPEC provides a list of these list of these funeral homesfuneral homes on its web site or you may on its web site or you may call for one in your area at call for one in your area at 800-538-7732800-538-7732..

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Types of Funeral HomesTypes of Funeral Homes

There are corporate owned and There are corporate owned and private private or family ownedor family owned funeral homes. funeral homes.

CorporateCorporate funeral homes tend to funeral homes tend to charge charge moremore for good and services. for good and services.

Private or familyPrivate or family owned funeral homes owned funeral homes are as much as are as much as 30% less expensive30% less expensive than than corporate.corporate.

The UPPEC partners with only The UPPEC partners with only reputable reputable private or family ownedprivate or family owned funeral homes. funeral homes.

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Is Funeral Insurance a Is Funeral Insurance a New Idea?New Idea?

The quick answer is The quick answer is NONO, Pre-Need Funeral , Pre-Need Funeral Insurance or commonly called “Insurance or commonly called “Pre-NeedPre-Need” has been ” has been around for decadesaround for decades..

Much like other insurance products, Pre-Need Much like other insurance products, Pre-Need offersoffers the policy owner, the insured, and loved ones the policy owner, the insured, and loved ones peace of mind, cost savings, and much morepeace of mind, cost savings, and much more..

Covering yourself or a loved one under a Pre-Need Covering yourself or a loved one under a Pre-Need plan plan relieves the worry and frustrations of relieves the worry and frustrations of planning a funeral at a very emotional timeplanning a funeral at a very emotional time..

In fact, the UPPEC may be one of several Pre-Need In fact, the UPPEC may be one of several Pre-Need Policy’s used to pre-plan within one Funeral Home.Policy’s used to pre-plan within one Funeral Home.

Support the Society by stipulating the UPPEC Support the Society by stipulating the UPPEC Pre-Need PolicyPre-Need Policy to the Funeral Home. to the Funeral Home.

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Are There Money Are There Money Savings?Savings?

Yes!Yes! Most Definitely! Most Definitely! ConsiderConsider the cost of the cost of inflationinflation.. The Pre-Need The Pre-Need PRICE IS LOCKED IN PRICE IS LOCKED IN

FOR LIFEFOR LIFE the day a plan is the day a plan is purchased.purchased.

CostsCosts of just funerals of just funerals rise as high as rise as high as 5% each year5% each year..

Locking in pricingLocking in pricing is just is just one of the one of the purposespurposes for Pre-Need. for Pre-Need.

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Other Pre-Need PurposesOther Pre-Need Purposes Pre-Planning your or a loved ones funeral Pre-Planning your or a loved ones funeral

relievesrelieves the enormous the enormous emotional and financial emotional and financial burdenburden that otherwise would be placed on loved that otherwise would be placed on loved ones.ones.

Pre-Planning Pre-Planning frees family and friendsfrees family and friends of added of added responsibility and responsibility and avoids confusionavoids confusion during a during a time of grief.time of grief.

Pre-Planning Pre-Planning provides the securityprovides the security of knowing of knowing wishes will be fulfilledwishes will be fulfilled to the last detail. to the last detail.

Pre-planning with a UPPEC Pre-Need Policy Pre-planning with a UPPEC Pre-Need Policy supports the Societysupports the Society..

Pre-planning with a UPPEC Pre-Need Policy Pre-planning with a UPPEC Pre-Need Policy protects your assets protects your assets from Medi-Cal.from Medi-Cal.

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CostCost Cost is Cost is relativerelative to the goods and services to the goods and services

you purchase.you purchase. CremationCremation can go for can go for under $1000under $1000 and and

a traditional a traditional burial averageburial average about about $6,500$6,500 nationwide. nationwide.

Of course you can Of course you can spend as much or as spend as much or as littlelittle as you like, the as you like, the sky’s the limitsky’s the limit..

Remembers that the cost of Remembers that the cost of doing doing nothing still costsnothing still costs; in fact, costs ; in fact, costs more more each yeareach year..

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Pre-Need Agents RolePre-Need Agents Role Pre-Need Agents will Pre-Need Agents will meet youmeet you at your at your

home or at the funeral home.home or at the funeral home. Pre-Need agents work within any Pre-Need agents work within any budget budget

through a through a wide varietywide variety of available of available goods and services.goods and services.

There is There is never an obligationnever an obligation to buy. to buy. You may go just for You may go just for informational informational purposespurposes..

Most Funeral Agents will keep your Most Funeral Agents will keep your selection information until you are selection information until you are ready ready to buyto buy..

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UPPEC RoleUPPEC Role

Collect contract and money to Collect contract and money to fund Pre-fund Pre-NeedNeed at time of need. at time of need.

Invest money collected to earn interest to Invest money collected to earn interest to cover inflation cover inflation costs for funeral home.costs for funeral home.

Provide the Pre-Need Provide the Pre-Need PolicyPolicy to the insured. to the insured. Send Send statementsstatements to insured who choose to insured who choose

convenient payment plansconvenient payment plans.. Provide Provide security and integritysecurity and integrity of of over a over a

centurycentury of service to its members and the of service to its members and the public.public.

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Funding Pre-NeedFunding Pre-Need

Several Several OptionsOptions.. One lump-sumOne lump-sum is the is the least least

expensiveexpensive because it because it avoids interest avoids interest chargescharges on monthly payments. on monthly payments.

Monthly Monthly payment planspayment plans are available are available with your choice of 36 months, 60 with your choice of 36 months, 60 months, or 120 months.months, or 120 months.

Early payoffEarly payoff is possible within the first is possible within the first 12, 24, or 36 months respectively, 12, 24, or 36 months respectively, without penaltieswithout penalties..

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Full CoverageFull Coverage

Covered Covered on day-one on day-one the policy is the policy is signed.signed.

Covered Covered 100% on day-one100% on day-one when when paid in one-lump-sum paid in one-lump-sum despitedespite any any answer to two health questions answer to two health questions asked in the application.asked in the application.

Covered Covered 100% on day-one100% on day-one if if applicant is in “applicant is in “good healthgood health”.”.

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Graded CoverageGraded Coverage Graded CoverageGraded Coverage means that you are means that you are not in not in

“good health”.“good health”. ““Good Health”Good Health” equates toequates to answering answering

“NO”“NO” to two health questions on the to two health questions on the application.application.

Instead of being covered 100% on day-one Instead of being covered 100% on day-one the the insured is gradually brought to 100% insured is gradually brought to 100% coverage over a period-of-timecoverage over a period-of-time..

Graded Coverage only appliesGraded Coverage only applies to the to the insured when a insured when a “YES” is answered“YES” is answered to a to a health question health question ANDAND the insured is the insured is not not making a payment in one-lump-summaking a payment in one-lump-sum..

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Graded CoverageGraded Coverage

Graded CoverageGraded Coverage only applies to the insured only applies to the insured on a monthly payment plan on a monthly payment plan ANDAND has has answered “YES” to one or both health answered “YES” to one or both health questions.questions.

On On 36 Month Plans36 Month Plans, Graded 1, Graded 1stst year year coverage is 50% and 2coverage is 50% and 2ndnd year is 100%. year is 100%.

On On 60 Month Plans60 Month Plans, Graded 1, Graded 1stst year is 35%, year is 35%, 22ndnd year 70%, and 3 year 70%, and 3rdrd year 100%. year 100%.

On On 120 Month Plans120 Month Plans, Graded 1, Graded 1stst year is year is 25%, 225%, 2ndnd year is 50%, 3 year is 50%, 3rdrd year is 75%, and 4 year is 75%, and 4thth year is 100%.year is 100%.

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Health Question OneHealth Question One

With the past year, have you been With the past year, have you been diagnosed by a physician or been treated diagnosed by a physician or been treated forfor::

AA. A heart attack, congestive heart failure. . A heart attack, congestive heart failure. Angina pectoris, stroke, emphysema, or Angina pectoris, stroke, emphysema, or internal cancer?internal cancer?

BB. Kidney failure, Alzheimer’s disease, . Kidney failure, Alzheimer’s disease, alcoholism, or liver cirrhosis?alcoholism, or liver cirrhosis?

CC. Had an amputation caused by disease, had or . Had an amputation caused by disease, had or been advised to have treatment for a heart been advised to have treatment for a heart condition, or blood vessel disease?condition, or blood vessel disease?

DD. High blood pressure and diabetes together?. High blood pressure and diabetes together?

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Health Question TwoHealth Question Two

Within the past year, are you now Within the past year, are you now in a nursing home or other in a nursing home or other institution, or been told by a institution, or been told by a physician that you should be?physician that you should be?

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FAQFAQ How do I fund my UPPEC Pre-Need How do I fund my UPPEC Pre-Need

Policy in one-lump-sum?Policy in one-lump-sum?AnswerAnswer: Some people borrow from other : Some people borrow from other accounts like a 401k [insured pay their accounts like a 401k [insured pay their self back], take a loan, or pay cash.self back], take a loan, or pay cash.

Who sells the UPPEC Pre-Need Policy?Who sells the UPPEC Pre-Need Policy?AnswerAnswer: The Funeral Home is where you : The Funeral Home is where you go, a Pre-Need Life Agent listed on the go, a Pre-Need Life Agent listed on the UPPEC List of Funeral Homes signs your UPPEC List of Funeral Homes signs your application after the goods and services application after the goods and services are agreed, but you specifically need to are agreed, but you specifically need to ask for the UPPEC Pre-Need Policy.ask for the UPPEC Pre-Need Policy.

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FAQFAQ

Can an existing Pre-Need plan with Can an existing Pre-Need plan with another Funeral Home, corporately another Funeral Home, corporately owned or not, be transferred to a owned or not, be transferred to a UPPEC Pre-Need Policy and/or Funeral UPPEC Pre-Need Policy and/or Funeral HomeHome??

AnswerAnswer: Yes! Simply put your request in : Yes! Simply put your request in writing to the UPPEC and the UPPEC will writing to the UPPEC and the UPPEC will assist you in getting this done. Make sure, assist you in getting this done. Make sure, however, that the new home is able and however, that the new home is able and willing to provide the type of funeral you willing to provide the type of funeral you want before handing over assignment.want before handing over assignment.

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FAQFAQ

I already have a Life Insurance Plan that I already have a Life Insurance Plan that covers me in the event of death. Why do I covers me in the event of death. Why do I need a UPPEC Pre-Need Policyneed a UPPEC Pre-Need Policy??

AnswerAnswer: Life Insurance Policies may be : Life Insurance Policies may be considered an asset should you need to apply considered an asset should you need to apply for Med-Cal. In order to qualify for Medi-Cal for Med-Cal. In order to qualify for Medi-Cal you will need to “spend down” your assets. you will need to “spend down” your assets. Funeral Insurance is a special type of Funeral Insurance is a special type of insurance that cannot be touched by Medi-insurance that cannot be touched by Medi-Cal. If already a UPPEC member, it supports Cal. If already a UPPEC member, it supports the society.the society.

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Best PracticesBest Practices Funding your UPPEC Pre-Need Policy in one-Funding your UPPEC Pre-Need Policy in one-

lump-sum avoids interest costs built into lump-sum avoids interest costs built into monthly-pay-plans.monthly-pay-plans.

Funding your UPPEC Pre-Need Policy in one-Funding your UPPEC Pre-Need Policy in one-lump-sum avoids a Graded Policy.lump-sum avoids a Graded Policy.

Use the list of preferred funeral homes from Use the list of preferred funeral homes from the UPPEC.the UPPEC.

Use the UPPEC Pre-Need Plan by buying it as Use the UPPEC Pre-Need Plan by buying it as a gift for someone you love or care for.a gift for someone you love or care for.

Encourage friends and family to purchase; Encourage friends and family to purchase; they do not need to be a member. The public they do not need to be a member. The public is always welcome!is always welcome!

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Contact InformationContact Information Contact the UPPEC at 800-53-UPPEC Contact the UPPEC at 800-53-UPPEC

(87732).(87732). Visit us on the web at Visit us on the web at www.uppec.orgwww.uppec.org.. Contact via E-mail at Contact via E-mail at

supremecouncil@uppec.orgsupremecouncil@uppec.org.. Write us at 1229 B Street, Hayward, CA Write us at 1229 B Street, Hayward, CA

94541.94541. We’ll be happy to speak and meet with you We’ll be happy to speak and meet with you

to offer our help to make the right decisions.to offer our help to make the right decisions. Click on this link for the list of current funerClick on this link for the list of current funer

al homes the UPPEC partners withal homes the UPPEC partners with..