Choosing a Funeral Plan is one of the most effective and affordable methods by which to protect your family and loved ones against the burden of rising funeral costs, and spare them the distress of having to make difficult decisions as to what your particular preferences for your funeral might be.

We have partnered with a market leading Funeral Plan provider who pride themselves on their exceptional standards of service and professionalism, and every member of their team is dedicated to making the process of planning for a funeral as painless and undemanding as possible.

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.

In line with all current legislation as set out under the ‘Regulated Activities Order’ (Financial Services and Marketing Act 2000) – Plan holders’ monies are invested securely in a ring-fenced trust fund that is overseen and managed by independent Trustees (in Safe Hands Funeral Plans’ case, with Pitmans Trustees Ltd).

Rising costs of Funeral Plans

With funeral costs rising 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 Bank of England, the current rate of inflation is 2.1%. By comparison, according to the Sun Life Cost of Dying Report 2018, the average cost of a basic funeral rose from £4,078 in 2017 to £4,271 in 2018 – an increase of 4.7%. This means that over the last year, average basic funeral costs have risen well in excess of inflation.

*Figures taken from the Sun Life Cost of Dying Report 2018

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 which GUARANTEES that however long you live, and however expensive a funeral is when you pass, there will always be sufficient funds to cover all the funeral directors fees and funeral services.

Should you have further questions regarding Funeral Plans, please see our FAQ’s for Pre-Paid Funeral Plans, or contact us.