How does planning your own funeral work with Memovida?
Comprehensive funeral preneed generally comprises two important areas: organizational and financial security.
1. Organizational planning
- You arrange a non-binding consultation with us.
- Together, we will determine your wishes and plan your funeral. Your wishes are set out in a funeral provision contract.
- You decide whether you want to financially secure organizational planning or use existing insurance (e.g. death benefit insurance).
- You inform your relatives about the pension plan.
- In an emergency, just give us a call and we will implement your funeral requests as discussed.
2. Financial security (optional)
An escrow account offers a reliable option to financially secure your funeral. The expected costs are paid into a specially set up account for this purpose. This escrow solution ensures that the money remains safe until you die and cannot be touched - not even by us.
You can set up an escrow account at any time, regardless of age or health status. In the event of death, the funds are used exclusively to implement the planned funeral, and any remaining amounts are returned to the family.