Older funeral policies often insufficient

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Shreveport Times
Shreveport LA
Sep 22, 2012

Finances, particularly those related to final arrangements, can add a substantial burden when dealing with the death of a loved one. And as an older generation passes, many area residents are finding the policies they believed would carry those burdens won't suffice.

It's a scenario Shreveport funeral directors meet each month — a family sitting across from them wondering how funeral policies, sometimes held and paid diligently for decades, barely scratch the surface of the price to bury their dead.

Read the full article in the Shreveport Times

Thanks to the HVCC Mortuary Science Alumni & Student Assoc for alerting us to this article.

 
Comments (2)
1 Friday, 05 October 2012 18:59
Kit Kittrell
I've gathered a handful of LA consumers with such policies and an attorney down here in Lake Charles is looking at a potential class action based on impairment of a contract, which violates both US and LA constitutions. Though the whole life funeral service policies in question state that if all premium requirements are met then the insurer will provide a complete funeral, the legislature enacted RS22:143, the intent of which is that under no circumstances shall an insurer be required to provide more than the face value of the policy if the retail cost of a funeral at time of death exceeds it. That's not what the contract says!

Wish me luck.
2 Wednesday, 23 January 2013 16:21
nancy
what happened

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