The payment you made to the funeral home covers the premium(s) required for Homesteaders to issue a policy associated with the prearranged funeral plan. Homesteaders is a pre-need insurance company that provides funeral funding insurance. You may find more information about Homesteaders in the "For Policy Owners" section and "About Homesteaders" section of this Web site.

Homesteaders sends the withdrawal request to the bank for the fifth day of each month, but delays in processing due to holidays, weekends or other special circumstances, may cause the actual withdrawal date to be later than the date requested. If your transaction occurs much later than the date you requested, please contact customer service at 800-477-3633 Monday through Thursday between 8:00 a.m. and 4:00 p.m. Central time and Friday between 8:00 a.m. and 1:00 p.m. Central time.

Homesteaders offers an Early Pay-Off option and there are fees involved. Fees are not punitive, however; they are calculated to help to offset the difference in costs associated with issuing shorter-term plans. Please contact your funeral home or the pre-need associate with whom you arranged your advance funeral plan. If you do not have or cannot locate this contact information, please call Homesteaders Customer Service at 800-477-3633. We'll be glad to assist you.

If the insured cannot answer "No" to both health questions on a multiple payment policy and dies before the limited death benefit period expires, the funeral will not be fully funded. Depending on the payment plan elected, only a portion of the face amount is available until the limited death benefit period is reached. The funeral agreement states that, in these cases, the family is obliged to pay the difference.