Definition of pre-need in US English:



  • Denoting or relating to a scheme in which one pays for a service or facility before it is needed.

    ‘a pre-need funeral package’
    • ‘One Montrealer even included that pertinent detail in his ‘pre-need’ package.’
    • ‘The organization estimates that $10.2 billion is held in trust by funeral homes, and the remaining $11 billion rests in pre-need insurance policies.’
    • ‘Brown says Atlanta Life will focus on building its asset management and group reinsurance units and expand on its recent launch into the pre-need business.’
    • ‘So, long ago, they bought a ‘pre-need’ funeral package that included a headstone for their graves.’