It can be a very difficult and sad time to make such simple but important decisions. Your funeral director or counselor has referred you here to explain how the insurance assignment process works.
Because of the rising cost of goods and services, it is understandable that the funeral home and cemetery require full payment prior to the services. Chase National Corp provides low cost factoring services for funeral homes. Instead of waiting months for the insurance company to pay, this program allows the funeral home and you to receive the policy proceeds immediately.
The funeral director will go over the assignment forms with you and explain the policy benefits available to you. The fee is billed directly on the funeral bill, therefore, no payments are expected from you. Should you decide to claim any benefits in excess of the funeral bill, the funds will be sent to you directly through the funeral home.