Funerals are not something we really want to think about, especially our own and how it may impact our loved ones. However, having your Funeral Wishes completed AND a Funeral Plan in place is the best possible way to support and provide for your loved ones when you’re gone.
It’s your funeral, you should be able to have it the way you would like it! With the average cost of a funeral running at £4,271 (taken from the SunLife Cost of Dying Report, found here), a Funeral Plan is an easy way to plan ahead and give you peace of mind that your loved ones won’t be troubled by financial issues.*
Along with the Funeral Director’s, cremation or burial fees, there are other services that you may like to consider. Costs associated with the funeral ceremony, transport to and from a place of rest, catering and venue hire for a wake, funeral flowers, headstones or memorial plaques, can soon add up, and although optional, most people want to have a traditional send-off.
We offer two types of Funeral Plan, Pre-Paid Plans, and Savings Plans. Whatever your needs are, one of our dedicated Funeral Advisers will go through each plan type with you, so you can make the best choice based on your circumstances.
*It is important to talk about any Funeral Plans or wishes you have with your loved ones so they know what provisions are in place, especially in cases where they may need to make up a shortfall or wait until the money from your Estate is available to them.
Pre-Paying for your funeral at today’s prices is a good alternative to using money tied up in your home, savings, pensions or life insurance plans; which may not be accessible to your loved ones when needed. With the rise of funeral costs, you can lock-down the price now for certain parts of your funeral without being affected by interest rates or inflation.
Anyone, regardless of age or health, can take out a Pre-Paid Funeral Plan. You can spread the cost with affordable fixed monthly payments, or one single payment, depending on your circumstances. You can even take out a plan for a loved one as a Plan Holder Representative.
Our Trusted Pre-Paid Funeral Plan provider is recommended by the National Society of Allied & Independent Funeral Directors (SAIF). Not only that, but all payments are collected in a Trust Fund ready to be paid out when needed, giving you additional peace of mind that your plan is fully protected.
There are several plans available allowing you to decide which one is better suited to your needs and budget; you can even tailor your plan specific to your circumstances.
When the time comes, your plan will pay your chosen Funeral Director for the services it covers. This will vary depending on the plan you have purchased but may include services such as;
- Allowance towards essential services; burial/cremation fees, minister/officiant fees
- A choice of coffins, from basic to superior types
- Collection and transportation of the deceased to the funeral director’s (within a 25 mile radius)
- Use of chapel of rest or service rooms
- Hearse to local crematorium or cemetery
- Funeral Procession transportation by limousine or other vehicles
Funeral Savings Plan
A Funeral Savings Plan, also known as ‘over 50s plan’, is another great way to plan for the future. Unlike a pre-paid plan where parts of the funeral are paid in advance, this type of plan places your money into a policy with an insurance provider who guarantees growth on whatever you put in. The money built up in the plan is paid to your family to settle the funeral directors fees and other funeral costs.
There are no health restrictions for this type of plan, but generally, you need to be between 50 and 75 years old to qualify. There are some situations where you may still be eligible if your age falls outside of the age range; our dedicated Funeral Advisers will be able to go through this with you in more detail.
Depending on your circumstances, and how much you would like to put towards the funeral, you will pay a fixed amount monthly for the length of your policy†. Taking out a Funeral Savings Plan lets you decide who should receive funds released from your plan rather than into your Estate, making it easier at the time. The person you nominate is usually someone you trust; an Executor (legally authorised to deal with a funeral), Attorney, loved one, and someone who is likely to be involved in arranging the funeral.
†It is worth considering that with this type of plan, once the money is paid in, you cannot get it back.
- Easy to set up and change your details when required
- Guaranteed acceptance and no medical questions
- Financial Conduct Authority (FCA) backed giving your investment complete security
- The plan releases money when it is needed, paid to a nominated person rather than into your Estate
- Your loved ones have financial control of the funds rather than being paid straight to a Funeral Director
- Your loved ones will have complete freedom of choice without the restrictions of other Funeral Plans
- Funds are released quickly, usually 48 hours after the Death Certificate is received by the Provider
- Your loved ones can benefit from any remaining funds once your wishes have been carried out, tax free
It’s not a subject we like to think about, but writing your Funeral Wishes lets your loved ones know what you would like, as well as what you wouldn’t like, at your funeral. Funeral Wishes, alongside a Funeral Plan, makes sure that every aspect is covered and you can rest assured that you have helped to reduce the stress and strain on loved ones while making sure you get the Funeral you imagine!
Although you can add basic information to your Will, such as whether you wish to be buried or cremated, specific Funeral Wishes allow you to detail things like your religious or spiritual beliefs; whether you wish to be buried or cremated; your preference as to how you would like to be dressed; if you would like flowers; the funeral pression; and your choice of coffin, amongst many other things.
*You will be directed to the Portal, a separate website where you can register and log in
5 Reasons to Pre-Plan Your Funeral
- Your family will know your wishes
Sadly, many families experience disputes and hard feelings when arranging a loved ones unexpected funeral. Memories of the loved ones wishes sometimes conflict and disagreements can easily arise. Such infighting and disunity can drive bitter emotions and damage the healing process. By making your wishes now, your loved ones will know you were remembered as you wanted to be.
- Urgent decisions are made now
Did you know that often more than 150 decisions and tasks must be completed within the first 24 hours to 48 hours when someone dies? By detailing your Funeral Wishes ahead of time, you can ensure that your loved ones don’t have to wrestle over those details and decisions during their time of emotional upheaval. Allowing proper remembrance, and the first steps of healing, to begin.
- Rising costs addressed
As with nearly all products and services, inflation drives the cost of funerals up yearly. Preparing in advance can help to reduce the financial strain in the future. While many people assume savings or life insurance will cover their final expenses, funerals often have to be paid for upfront, while many life insurance policies or bank accounts aren’t accessible to families until well after the funeral service. By putting a Funeral Plan in place now, your loved ones aren’t left to decide who will pay for the funeral or how they can raise funds to cover it.
- Peace of mind
You and your family can feel comfortable that, although the Funeral Plan may not be looked at for many years to come, when it is needed funds will be available; paying directly to the person you nominate. Or, where you take out a Pre-Paid Funeral Plan, that important parts of the funeral will be paid for without further expense. Not only that, your Executors and loved ones will have access to our award-winning Bereavement Team, as well as specialist tools, giving them everything they need to ensure they have dealt with your Estate correctly. There is an immense peace of mind in knowing your wishes will be carried out as you designed them and your loved ones will be financially supported.
- Prevent additional stress
Your family will be under stress when you pass away. We understand that stress and have tried to make the practical elements as easy as possible to deal with. With different levels of support available; from writing your Funeral Wishes and taking out a Funeral Plan now; to supporting your loved ones arranging a funeral and carrying out your wishes; to taking them through administering an Estate step by step; to handing it all over; we can help your loved ones as much or a little as they need, at any time.
- Selecting someone to deal with the arrangments, e.g. a loved one or an Executor
- Picking a Funeral Director
- Getting advice on registration, documentation and certification of death
- Local removal from place of death to the Funeral Directors premises
- Care of the deceased prior to the funeral
- Burial or cremation
- Burial location and plot details
- Coffins and caskets
- Headstone or memorial plaque
- Hearse and funeral procession
- Types of funeral services; memorial and graveside services
- Service officiant based on religious or non-religious beliefs
- Service readings and flowers
- After the service; wakes and memorial gatherings