The Best Funeral Plans Available
Once you reach 50, it is common to consider a funeral plan. This allows you to put small sums into a fund to cover the cost of a funeral. They are a great way to ensure your family won’t be burdened by extra costs in their time of need.
There are multiple things to take into consideration when looking at funeral plans, price being one of them. If you’re searching for a funeral plan, here are some of the best options currently available.
What to Consider
The price of the funeral, which is what you are paying to cover, is usually very clear when looking at funeral plans. It is a good idea to think about whether you want to pay into the plan with monthly payments, or as a lump sum. This will impact how much you pay, and when.
A lot of people are drawn to funeral plans that offer a low monthly cost. While price is usually a key factor, other common considerations include:
● What is included within the plan?
● Are there any potential additional costs?
● Does the plan let you choose which funeral director to work with?
● Is it possible to make changes to the plan, or even to cancel it if needed?
● Are there restrictions on who can get the policy, based on age or medical conditions?
All of these details represent potential pitfalls, or even potential ways in which the policy could be voided. Ensure you do your research first.
Best Funeral Plans to Consider
Safe Hands Ruby Plan
Safe Hands funeral plans allow you to choose the coverage that best suits you. From plans that start at just £19.19 a month, there are options for every budget.
Their popular Ruby Plan allows you to make a single payment of £4,095 for full cover. Funeral director fees are covered, along with other 3rd party fees and services, including doctors’ fees for the arranging of a death certificate.
There is a zero installment handling charge if you spread the cost over 1-2 years. The Ruby Plan also has no restrictions on who can take out a plan. This means that no matter your age, or if you have any medical conditions, you are eligible for a plan.
Dignity Diamond Plan
Dignity is one of the top funeral plan providers in the UK. They work with over 800 funeral directors, so you will surely find one that fits your needs.
Of their four plans, the top recommended is the Diamond Plan. It has a Defaqto 5 Star Rating, which is the highest rating available for pre-paid funerals.
As well as covering fees for burial or cremation, it also includes a limousine for mourners. To add a nice touch to your ceremony, you can even personalize the plan with a selection of hymns or readings.
The plan can be paid upfront for £4,095, or from £26.73 a month. Dignity is currently offering $100 off their Diamond Plan until May 11.
For even more options, Dignity works with Sunlife on their funeral plans. If you are 50 years of age and looking for a cremation, premiums start at just £9.19 a month.
Coop Simple Plan
If you have a slightly lower budget but still want to customise your experience, there is the highly rated Coop Simple Plan. You can choose to pay the £3,095 in full, or in monthly payments from £18.96.
The plan includes a basic coffin, a choice of funeral or cremation time, and a funeral director. As a nice touch, they include a cortege route to your place of rest, and a private remembrance room.
Coop plans also include a contribution that goes towards covering third party fees, such as officiant and doctors’ fees. This means that your family won’t have to worry about these additional costs.
Find the Best Funeral Plan For You
Finding a reliable funeral plan is about much more than just getting a cheap option. You need to know you can rely on your provider to cover the most important costs, and not add any extra stresses for your family at a difficult time.
Do your research, and shop around for the best funeral plan that covers your needs.