If you’ve ever served a family who wishes to use funds from an insurance policy to cover service costs, you know how much work it takes. These added tasks take time and can be difficult to complete in addition to managing funeral arrangements.
When someone has just experienced a loss, the last thing you want to do is push them into debt and add to their stress. So, that’s why some firms choose to float the balance until the family can pay with the funds from an insurance policy.