In 1993, Pekin Life Insurance Company began marketing life insurance through funeral homes. Today, we have over 300 funeral homes who use our Pathway products in Illinois, Indiana, Iowa, Wisconsin, and Ohio.

     When a person decides to prearrange and prepay their funeral, the funeral director is required by law to place the money given to them in "trust". This ensures the family will know in their time of need that there will be money set aside to take care of paying for their loved one's funeral. Pre-need insurance is used for this purpose. This specialized insurance gives a funeral director a method to use the money given to them in advance as a payment towards the purchase of insurance. At death, the life insurance proceeds are used to pay for the funeral service.

     Prearranging and prepaying a funeral has become very popular as it ensures a family that a loved one will be able to have their final wishes known and recorded at a funeral home of their choice. At the time of loss of their loved one, a grieving family does not have to make any of the tough emotional decisions that are usually required of them. Those choices have already been made. They also do not have to worry about who or how the funeral is going to be paid, because their loved one has made that decision also.

     Prefunding can be accomplished through several methods. Please click on the Product Portfolio button for these methods.