Not a lot of people are open to planning for their funeral. Moreover, it’s understandable if you prefer not to talk about death in general. However, since everyone will eventually face the inevitable at some point, don’t you think it’s more comforting to know that you have everything covered when it happens?
When you think ahead, you can prepare for the worst-case scenarios. Also, when your time is up, your family won’t need to worry about making funeral arrangements. You can save them from a lot of trouble.
Furthermore, planning allows you to save money. The cost of a funeral service continues to soar each year. Experts note that the average national funeral costs could reach up to £5000 in the next five years. By purchasing a funeral plan early, you can lock-in the best rates so that you can save money.
How much does a funeral plan cost?
The cost of funeral plans mostly varies depending on the location of the policyholder. In London, where the funeral expenses are higher, funeral plans cost around £3000 to £35000. The price of the plan also depends on the additional services you want to include. For example, some funeral plans come with bereavement support. Others just cover the cost for the director service, casket and flowers.
It’s best to shop around and compare the rates of the funeral plan providers near you. By looking at each plan carefully, you can find one that can cater to your needs and meet your budget and expectations.
Get professional advice
Choosing between the different funeral plans available can be confusing because there are a lot of funeral plan providers in the UK. Some companies such as Your Funeral Choice can help you find and compare the different funeral directors near you.
Ask the right questions
Once your chosen funeral director finds the right plan that fits you, don’t be afraid to ask questions. Determine if the plan comes with a cancellation fee. For example, what if you decide to cancel your partner’s funeral plan because you got separated. What are the policies of the company?
Also, you must ask for a complete breakdown of the costs. What do they include in the plan? How much are the fees and what are they for? If you choose to pay in instalments, how much do they charge? How long can you stretch out the payments? What if the policyholder meets an untimely death before he or she completes the payment? It’s essential that you consider these factors.
Last but not the least, you should also check the reputation of the funeral plan provider. How long have they been in the business? The last thing you want is to find out that you can’t cash in your investment.
Purchasing a funeral plan is a great investment, regardless of your age. Knowing that your funeral needs will be taken care of in the future can definitely put your mind at ease. Be sure to check the terms and conditions of the funeral plan provider to avoid any problems in the future.