Advantages of PrePaid Funerals:

The deceased' last wishes are recorded and paid for (if they finish the payments)

The survivors don't have to make choices right after the death

You can get the shopping out of the way ahead of time

The deceased and survivors can share in the decision-making

Disadvantages of Pre Paid Funerals:

The deceased may be stuck with the funeral plot
It may be difficult to change arrangments
Can be canceled if one monthly payment is late
Ground care of your plot may deteriorate after you buy
Your payments may exceed a normal burial
You're paying a finance charge on items you haven't received
Products are sold "as is"
Maybe non refundable
May lock you into inflated prices for inferior quality caskets, urns, and services
May not be transferable if you move
A refund may be reduced by sales charges as high as 1/3rd.
The company may be out of business by the time the buyer dies
If your die before the plan is paid for, your agreement may not be honored in full