47 W. Polk St 271, Chicago, IL 60605
The changes in Funeral Service in the last century have been tremendous. Funeral Prearrangement, as we know it, was unheard of.
Since the early 1960's more people have requested Funeral Prearrangement. It is a good way to make all necessary plans ahead of time and make sure the funds needed to carry out those plans are available. Cannon Funeral Homes established a local trust company, Southwestern Memorial, Inc. in 1967. Since that time, Southwestern Memorial has assisted over 5000 area families with their Prearranged Funeral needs.
Cannon's Professional Prearrangement Specialists are now assisting the children and in some cases the grandchildren of our first clients. Many express how comforting it was that their parents and grandparents had made arrangements ahead of time. They too, want to ease their family's burden by making necessary arrangements in advance.
What is a Prearranged Funeral Trust?
A Trust is a common method of reserving funds for Funeral Arrangements. The funds in Cannon Funeral Services are deposited locally in a bank trust department. They are overseen by a licensed trustee, who is responsible for making prudent and conservative investments. The Federal and State Governments have very strict regulations regarding the type of investments trust funds may be placed in. Currently all Cannon Funeral Services funds are invested in government insured deposits and securities.
What kind of expense is involved?
When you make the decision to purchase a trust plan from Cannon Funeral Services you personally determine the only expense you will ever pay for the services selected. You beat inflation by paying TODAY'S PRICES for services you may not need for many years. You may choose to pay for your plan all at once or select a payment plan suited to your specific needs. There are no interest charges or additional fees for selecting a payment plan, you may take up to ten years to complete payments. Most people find the small monthly installments reasonable and easy to make.
What about insurance?
Cannon Funeral Services also offers Forethought Funeral Insurance. Forethought offers several insured payment options allowing you a great deal of flexibility to meet your needs and the needs of your family. In addition to the Forethought Plan, Cannon Funeral Services also offers other insurance products for Funeral Pre-planning. Our Prearrangement Specialists are trained to review your other insurance policies and assist you in preparing a complete final expense plan.
If you would like to know more about Funeral Prearrangement, or if you would like a Professional Prearrangement Specialist to review your present final expense plan, please contact us
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