A prepaid funeral plan not only secures the type of funeral you desire, but it can also save you a lot of money in the future. There are three main ways in which this can happen.

The primary money-saving benefit of taking out a prepaid funeral plan is that by buying your chosen funeral at today’s prices you are safeguarding yourself and loved ones from the impact of any future price rises, including those from inflation; and this is likely to be no small saving.

Funeral costs have been shown to almost double in as little as ten years, and all the indications are that this trend is likely to continue. By prepaying for your funeral today you will be protecting the proceeds from your estate and your loved ones‘ funds from the need for any additional payments later on.

The second reason why prepaid funeral plans can save you money is that – depending on the level of cover you choose – many ‚extras‘ that would often be added at the time of the funeral being organised, are carefully chosen by you in advance and then included in the one prepay price.

You could, for example, specify the floral tributes or newspaper notices that you wish to be included as part of your funeral plan; or you may wish to consider reserving additional vehicles to take you to the church or crematorium. Again, by specifying and paying for these extras in advance you will be protecting you and your loved ones against future price rises for these expensive ‚add-on‘ items.

Finally, it is worth bearing in mind that many plans give you the choice of paying a small, regular amount each month that still guarantees payment of the overall cost of your funeral even if you die before the full price of your funeral has been covered. Provided a minimum agreed number of monthly payments have been received you could end up with a funeral costing less than the original price.

A pre paid funeral plan will protect you from funeral costs in the future. Find out more information about this on our website.