Your own funeral is not something you relish thinking about, but it might be worth spending a little time on it now so that you can relax later, knowing that it has all been organised.
Your passing will be difficult enough for our family, so why would you want to add to their distress by leaving them to organise the funeral and cover your funeral costs too? By making the arrangements now, you can minimise the stress on your family, allowing them to say goodbye without worry and financial burden when the time comes.
If you’ve ever worried about how your family might meet the costs of your funeral when you die, then you might need to consider a pre-paid funeral plan.
When you die, it will normally be your next of kin or the person named as the executor in the will, who will make all the arrangements for your funeral. If there are funds available, the costs will be recouped by your estate but otherwise your next of kin will be responsible for meeting the costs.
A pre-paid funeral plan is an easy and practical way to ensure that your funeral costs are met in advance of your death, which means that your loved ones don’t have to cover the costs themselves, helping to make things a little easier for them at a difficult time. It also gives you the peace of mind in knowing that you have taken care of it for your family.
Having a funeral plan in place also means that you can choose the funeral that you want, exactly how you want it, rather than placing a burden on your loved ones to choose your funeral arrangements for you.
Funeral costs in the UK are rising annually with year-on-year increases well above the rate of inflation. While the average cost of a funeral today is almost £4,000, which doesn’t include flowers, venue hire or catering, in another 10-15 years, it is estimated that this rate will have doubled.
One big benefit of a pre-paid funeral plan is that you pay today’s prices, which means you beat those rising funeral costs. Utility Saving Expert can help you find a funeral plan that ensures you pay a cost that’s fixed at current prices, regardless of how far in the future the funeral service takes place or however much prices may increase in the meantime.
A pre-paid funeral plan also allows you to tailor your plan and personalise certain elements of your funeral, like flowers, music, and the coffin, and make your funeral special to you and your family. It also saves them from having to make decisions about funeral arrangements at a difficult time. By taking care of everything now, your family don’t have the worry about making sure that your funeral requests are carried out.
Utility Saving Expert works in partnership with a network of funeral plan providers to find the best plan and the best cost to suit your needs. If you would like more information, simply complete and return the form to us, or call … to talk to one of our experts about funeral plans and what they can do for you.
Most funeral plan providers will offer you a choice of paying either as a lump sum or spreading the cost by paying in monthly instalments, usually over one to ten years.
Instalments are a good option if you don’t have the lump sum to invest but be aware that by paying in this way, you will probably end up paying more because of the administration fees and interest that will be applied. This is particularly the case when paying instalments over the longer term, which could potentially add up to 26% more to the cost. So if you can, it will benefit you greatly to pay for your policy by lump sum, or with fewer instalments.
Once your plan is in place, your provider will either put the money in a trust fund or invest it in an insurance policy that pays out when you die, so that the funds are available to pay the funeral director and other providers when they are needed. This is controlled by the Financial Conduct Authority, so you can rest assured that your money is safe. Also, the Funeral Planning Authority (FPA), has a code of conduct that all of its member providers must comply with.
Funeral plans can differ significantly in what they cover. Most will not pay for everything you need for your funeral, but it all depends on the policy, the provider and the price. While one plan might simply cover the funeral director’s costs, another might pay for the entire thing, including a plot and the wake.
For example, consider whether you would like to go for a cremation or a burial. Most UK Funeral plans can be tailored to suit either, but there are significant cost differences between the two, as with burial there is the cost of a burial plot to consider. A provider might guarantee the price of cremation, but only pay a contribution towards burial costs. It all depends.
For this reason, it’s a good idea to know exactly what your funeral plan covers and have a full understanding of the costs before committing. For example, you might want to consider the following:
Of course, you may have many other features you’d like to consider, or maybe you are not sure of all the options available to you. This is especially true of course if you have a special request for your funeral, perhaps one with a personalised touch, or one of an unusual nature. Examples of this might be anything from a specific type of coffin, be it a green coffin or a wicker coffin, or it could be something a little different such as a burial at sea.
Whatever your funeral plan requirements, it’s easy to get the ball rolling. Simply complete and return the form to us, or call … to talk to one of our experts about funeral plans and what they can do for you.
You can ensure you have the right funeral plan for you by considering all the different aspects of the funeral and whether you want it all covered under your funeral plan.
However, funerals arrangements can be complicated, especially if you have specific requirements. Utility Saving Expert will help you make sure you get the right funeral plans to suit your needs. Simply discuss your requirements with one of our friendly funeral plan experts. We will compare prices of some of the biggest UK funeral plan providers and then we’ll come back to you with a list of options to choose from, or the best option for your specific requirements.
Once you have made a choice, you should make sure to examine the policy carefully, so that you know exactly what’s included and what’s not included before you commit to buy.
Of course, we never know what the future will bring. Unforeseen circumstances could mean that however much we prepare now, some things might be out of our control later down the line. Perhaps you’ll die abroad, or you die before all of your instalments have been paid.
Which is all the more reason to have your funeral plan in place so that the liability on our family is minimised at a difficult time. By having a funeral plan in place which takes these situations into account, you can be sure of a worry-free send-off.
Another thing to consider is that, it could be many years before your family need to put your funeral plan into effect. With this in mind it might be prudent that before you commit to any plan, you ask the provider what happens if they go out of business, or if there are outstanding payments when you die. As always, check the details to make sure you know exactly what the arrangements are for your plan. The last thing you’ll want is to burden your loved ones with gaps in the arrangements once you are gone, so call us today on …
Once we have a few details, we will make a full assessment of your requirements to get the process underway, before coming back to you with a list of options from the leading UK funeral plan providers. Once you have options, you can make an informed choice about which plans best suit your requirements, budget and circumstances.
Simply complete and return the form to us, or call … to talk to one of our friendly experts about funeral plans and what they can do for you. Together, we’ll soon have your funeral plans arranged, which means that you can get on with enjoying life instead, safe in the knowledge that all the arrangements are taken care of.
Why not give us a call today? Because whatever your funeral requirements, being organised and dealing with it now can offer peace of mind to you and your family for the rest of your life.