A funeral plan is a way of planning and paying for your funeral today – regardless of when you will need one! As a result, this is will often save you money. You will also save your family and loved ones from stress and worry in the future.
The Cost Of A Funeral
Funerals can be quite expensive, and the prices are continuing to rise. Royal London’s National Funeral Cost Index 2015 study shows that since 1980, the price of a funeral has risen almost as rapidly as house prices. Between 2014 and 2015 the cost of a UK funeral rose by 3.9%. Consequently the cost of an average ‘basic’ funeral is now at £3,702, which shows a rise of £140 in just one year.
Paying For Your Funeral
Many people worry about leaving enough money behind to pay for their funeral costs. With a funeral plan, you pay for it in advance. Most noteworthy, you can choose to pay it in one lump sum, or you can pay in instalments to the plan provider. Another advantage of a funeral plan, is that you get to pay today’s prices, no matter when you die. For example, if you had bought a funeral plan in 1998 and died in 2015, you would have paid on average £716. That would mean a saving of about £2,800!!!
The Benefits Of Buying A Funeral Plan
Buying a funeral plan means that you can make sure the cost of your funeral won’t rise as the years go by. Most of all, a funeral plan also provides you with the opportunity to plan what you will want. You can create your own unique day so that you will be remembered the way that you want to be. It also means that you can make all of the appropriate arrangements. This ensures that your loved ones will not have to make those tough decisions when they are already going through a difficult time. Consequently, as your family will know your funeral wishes, it will stop them from arguing over what they think you will want.
Types Of Funeral Plan
There are usually two different types of funeral plans, these are: set funeral plans and tailor-made funeral plans. There are usually several options within the set funeral plans, which differ slightly to suit your requirements and your budget. A tailor-made funeral plan is totally unique to you, where you can specify every aspect of the day. This will include flowers, transport, and even unusual burial settings, should you have any.
What You Can Do Now
For reassurance that your funeral will be arranged and paid for, at today’s prices, contact us to find out more about buying your own prepaid funeral plan.