Why buy a Funeral Plan?
The most common reasons are:
A. Financial – nothing more to pay later, thus relieving relatives of financial burdens;
B. Peace of Mind – Funeral wishes are set out in a guarantee, so relatives know what was wanted, and have no reason to ignore the wishes of the deceased.
C. Thoughtfulness – One of the greatest human motivations is to be thought well of by others. Like making a Will, a Funeral Plan shows that you care enough to relieve loved ones of potential financial and emotional burdens at a difficult time.
According to the Sun Life Cost of Dying Report 2013, average funeral costs have risen from £1,230 in 1997 to £4,000 today – an increase of over 225%. Conservative estimates suggest that by 2024 a funeral will cost, on average, between £7,000 and £8000.
Rising Cost of Funeral Graph
With a pre-paid funeral plan, you can prepare in advance for life’s final event and protect your family from rising funeral expenses. By taking out a funeral plan now, you have the choice of paying for your funeral plan in full or at a fixed monthly price.
*Taken from Safe Hands Funeral Plans