What is a Funeral Plan?
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.
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.
At the time of need, all your representatives need to do is contact us on our dedicated 24 hour response line, upon which we will instruct the funeral director to carry out the funeral in precise accordance with the details contained in your plan.
So take out a Safe Hands funeral plan today, and enjoy the future safe in the knowledge that when the time comes, you will receive your perfect farewell at no extra cost to your family.
How does a funeral plan work and how much does it cost?
At its simplest, a funeral plan allows you to pay upfront for your funeral so your relatives don’t have to cover the costs themselves – although they are allowed to pay for your funeral using money from your estate as soon as you die (and it’s not subject to inheritance tax).
You can buy a funeral plan from either a funeral-plan provider or directly from a funeral director. You have the choice of either paying a lump sum or monthly installments, usually over one to ten years. One-off payments usually range between £3,000 and £5,000.