New Study Reveals the Importance of Funeral Planning
| | Paul Brown – Expert in Savings
Pre-paid funeral plans help take the stress off your family later down the line.
When it comes to talking about funerals, it is natural to feel emotional and try to avoid the topic. Yet, if we don’t let our family know our preferences and wishes, then how will they know what to do when the time comes?
Often, there can be a lot of guesswork for next of kin who face the responsibility of arranging and paying for a relative’s funeral.
Funeral planning can help people to make their wishes known by letting loved ones know their preferences for a religious or humanist service, burial, or cremation – as well as more personal details like hymn or song choice and where to scatter ashes.
Who pays for the funeral?
An important point to be aware of is that unless an individual has savings or a pre-paid funeral plan, their next of kin will be responsible for paying for the funeral.
Typically, a funeral can cost thousands of pounds, yet families don’t compare prices in the way that they do when making an equally expensive purchase, such as buying a car or booking a holiday. This is why using the help of services like Funeral Plan Helper is essential to ensure you are making the right choice and avoid extra expenses.
The Cost Of Dying Report 2021¹ reveals that 50% of families surveyed had to borrow money to pay for a funeral and 1 in 7 families said the expense caused them notable financial difficulty. These are worrying statistics and perhaps even more reason to consider planning ahead now.
Benefits of a pre-paid funeral plan
Popular amongst those aged 50+, pre-paid funeral plans involve recording preferences for your own funeral and paying in either a lump sum or smaller monthly payments.
Customers surveyed gave the following reasons for purchasing a funeral plan.
😌 Peace of mind – There’s reassurance in knowing that everything is taken care of
🏷️ Choice and pricing – FuneralPlanHelper offers plans to fit individual needs and budgets
💸 Protect against rising costs – By buying a funeral plan today, the cost of the essential funeral director services is locked in at today’s price
If you’re aged 50-75, you’re guaranteed to be accepted without any medical or lifestyle questions.
The best thing is, getting a quote is 100% free with no obligation.
Here’s How You Do It:
Step 1: Select your age below.
Step 2: Answer a few questions (take less than a minute) and Funeral Plan Helper will present you with choices and rates you never thought possible.
This is a sponsored article and is intended as an advertisement, not editorial content.
¹Some of the data in this article is based on the annual SunLife Cost of Dying report 2021, and the Royal London National Funeral Cost Index Report 2020.
Funeral Plan Helper in partnership with Prosperous Life