Pre-Funding Options


Stegenga Funeral Chapel has qualified staff to help you decide if pre-funding is right for you and to help you sort through the options.  We are here to help, come in and talk to us. 

Every family situation is different...by looking at the options we can help you make a plan that benefits your family and puts everyone's minds at ease. 

One Time Payment

Your funeral plan can be paid all at one time and the funds will be placed in a funeral trust account or a funeral insurance policy.  Your funds will be held until the time of death, then they will be used to pay for the services you selected.  


Payment Plans  

There are payment options available that meet most budgets.  Payments can be set up monthly, quarterly, semi-annually or annually.  Plans can be set up for three years, five years or even 10 years, depending on your age.  Payments vary depending on your age and the cost of your funeral plan. 


Standard Life Insurance

Stegenga Funeral Chapel will also accept an assignment of a Life Insurance policy at the time of need. The assignment must be approved by the funeral home and the life insurance company.

When applying for Medicaid becomes necessary, standard life insurance policies frequently must be surrendered for their cash value to qualify for benefits.  Proceeds from a surrendered policy can be place in a funeral account. 

Both funeral trust accounts and funeral insurance policies can be certified irrevocable by the State of Michigan Department of Human Services making them an exempt asset when applying for medicaid.