Why a prepaid Funeral Plan makes great financial sense
You might be surprised to hear that, while the average cost of a funeral in 2010 was £2,857, by 2019 it was £4,4171. That’s an increase of 55% in less than 10 years1 – well above inflation.
With the rise in funeral costs outstripping inflation over recent years1, there’s no guarantee that, when the time comes, your bank or building society savings will cover the cost of your funeral. Your family may need to make up the shortfall or wait until assets from your estate are available.
Nobody wants their family to face money worries in the future. A Funeral Plan lets you fix the cost of the funeral director’s services covered by your plan at today’s prices.
Even if prices rise in the future, once your plan is paid for2 you’ll have the reassurance of knowing there’ll be nothing more to pay for these services – guaranteed.