The last thing your friends or family want to have to deal with when you pass on are the arrangements for your funeral.
By arranging a funeral plan now, you can remove the additional distress this will cause them both emotionally and financially.
Because, with a funeral plan, you can decide now how you would like your funeral to be carried out. So no confusion among your family as to what your wishes were and no arguments as to who foots the bill until your estate is settled.
And it’s a shrewd move financially. According to a recent report by SunLife, the total cost of dying in 2019 was £9,493; this includes the funeral, plus extra send-off and professional fees. The Dying Report further estimates that the cost will increase by 53% to around £12,500 by 2030.
You can either pay for a funeral in a lump sum or by monthly instalments. We can discuss the options with you.
How does a funeral plan work?
When the time comes when the plan is needed to be activated all your loved ones have to do is at the time of your death is make one phone call and everything will be already taken care of for them giving you the peace of mind that the process will be as easy as possible for them. We work with national companies to ensure we have every area covered.
- Our providers are regulated by the Funeral Planning Authority.
- There are no age restrictions or health checks
- You have the flexibility to plan your own funeral
- You get a special request form so you can add things such as music choices etc
- Your money is held in a secure trust
Deciding now on your funeral is easier than you might think. Let Centurion Estate Planning lead the way, simply complete our short contact form or give our experienced team of estate planners a call and let us help you.
Why you should take out a funeral plan?
A pre-paid funeral plan is the easy way to arrange and pay for your funeral in advance, whilst protecting your loved ones against unexpected costs and making sure everything’s how you would have wanted it. By planning ahead you can:
- Avoid rising funeral costs
One of the most obvious benefits of a prepaid funeral plan is cost; you pay today’s prices for a service you might use 20 years in the future.A prepaid funeral plan guarantees to pay for all the necessary services form a cremation and provides a contribution towards burial costs.
- Guaranteed Acceptance
Your pre-paid funeral plan application will be accepted without having to complete a medical questionnaire as long as you are above 18 years.
- Flexible Payment Plans
With most pre-paid funeral plans, you have the option to pay in manageable monthly installments over a period of 1, 2, 3, 4 or 5 years or pay by lump sum.
- Local Knowledge and Expertise
When it comes to planning a funeral service, it is important that you always work with a knowledgeable and experienced funeral direction.By taking out a prepaid funeral service, you can rest assured that your family will receive the highest quality care and support as well as a sympathetic and compassionate service.
- How Secure is My Money?
All companies providing prepaid funeral plans have an established Trust Fund where your money is held securely until the time it is needed at the time of your death.These trust funds are set up with trustees that are independent of the prepaid funeral companies and their directors. The trustees are regulated by the Prudential Regulation Authority and Financial Conduct Authority (FCA) to keep your funds safe and secure.Even if the funeral costs rise and you have bought a plan via a registered funeral plan provider, your funeral will still be covered, and your loved ones will not have to pay anything extra.
Looking to put a funeral plan in place? Let Centurion lead the way, simply complete our simple contact form or give our experienced team of estate planners a call and let us help you.