Pre-paid funeral plans
The plans are bought in advance and referred to as funeral insurance. They can be bought by the policy holder to pay for their send off and not worry about leaving the financial burden of a funeral to their loved ones.
The plans can be bought directly from a funeral director. The things that are included in the plan will vary depending on the provider, price and policy. This can be a one-off cost which pays for the whole of the funeral inclusive of the plot and wake or just a lump sum which pays for the funeral director’s costs.
The payment of the policy can be an upfront one-off cost or several monthly instalments. However, policy holders may end up paying more by spreading the cost.
Before buying a policy, it is important to find out the following-
- What will happen to the policy if the funeral home goes out of business?
- What will happen if there are outstanding payments after the policy holder dies?
- What if the policy holder dies abroad, does the plan cover this?
It is important to read the small print and ensure the policy holder is happy with the things included.
With our funeral plans, you can compare and find the right level of cover for whatever type of funeral you want
you should also look at our over 50s insurance quotes