Many. Primarily it's intended to save time & money. Like any advanced planning it functions to allow the purchaser & beneficiary the ability to make clear, qualitative decisions. Generally, the death of a loved one means the immediate answers to dozens of lasting and irreversible consequence. Under stress, it's easy to see how those could be answered unwisely, costing you needlessly or at worse, not giving you and your family the quality service you deserve. Many plans allow you to pay for a funeral service incrementally or in to guaranteeing tomorrows funeral at today's prices. Plans can be insured or place funds in trust, survive changes in ownership, etc., all good plans allow for changes and even dissolution. Almost all funeral homes recognize and incorporate some type of funeral pre-arrangement/funding in their service plans. Call your funeral director they will be pleased to discuss it.