A prepaid funeral plan is a financial arrangement that allows individuals to pay for their funeral services in advance. This plan typically covers costs such as caskets, burial plots, and other related expenses, ensuring that loved ones are not burdened with these financial responsibilities during a difficult time. By choosing a prepaid funeral plan, individuals can lock in current prices and avoid potential price increases in the future. These plans can be tailored to personal preferences, allowing for specific wishes regarding the type of service, location, and other details to be documented and honored.