A funeral plan is a means by which to protect your family against rising funeral costs and to eliminate any uncertainty or indecision regarding what your preferred funeral arrangements should include.
The passing of a loved-one is obviously a very daunting and emotional time for family and friends. For those responsible for arranging and paying for the funeral, discovering their loved-one had the foresight to take out a funeral plan goes an enormous way towards alleviating their sense of pain and distress.
Monies Held Securely
Money paid into your funeral plan is invested securely in a ring-fenced trust fund, and is overseen and managed by an independent panel of qualified Trustees. A comprehensive range of funeral plans are available, all of which can be tailored to suit different tastes, preferences and budgets and all of which can be adapted to suit burial or cremation and can be added to or changed at any time.
Rising Costs of Funerals
With funeral costs rising far in excess of the annual rate of inflation, it is an unfortunate fact that, for many families, budgeting for a funeral by traditional means may no longer be sufficient to cover the cost. According to the Sun Life Cost of Dying Report 2015, average funeral costs have risen from £1,230 in 1997 to £4000 today – an increase of over 225%. Conservative estimates suggest that by 2024 a funeral will cost, on average, between £7,000 and £8,000.
What happens at your time of need?
At the time of need your family are just required to contact your funeral plan provider on the dedicated 24 hour response line, upon which your chosen funeral director will carry out the funeral in precise accordance with your instructions.
So take out a funeral plan today on makemeawill.com and be safe in the knowledge that when the time comes you will receive the perfect farewell at no extra cost to your family.
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