Maybe its slightly different than buying a home or a car, but a funeral plan is a vitally important product to purchase. Considering this, you should take your time and not rush in choosing the right funeral plan and provider for you and take some advice.
Funeral plans vary massively in regard to what is included and the cost and payment duration available, so it is very important you do the research to find the best funeral plan for you before committing to anything on paper and more importantly – financially.
How To Choose A Funeral Plan
First make sure the plan provider you choose is registered with the Funeral Planning Authority (FPA). The FPA is an organisation which has been set up by funeral directors and the funeral industry to regulate providers operating in the UK pre-paid funeral market and protect the consumer – you. Any provider registered with the FPA has shown they can work to the high standards set out in the strict code of practice and have submitted their finances and company procedures for review.
As a registered provider with the Funeral Planning Authority, our pre-paid funeral plan partner, Golden Charter will help protect customers and give them the extra reassurance they will receive the funeral they have paid for.
Funeral Plans And Inflation
Funeral plans v guaranteed over 50’s policies – Many people have savings set aside to cover their funeral costs; this was how it used to be done. But with very low interest rates, and the rising costs of funerals nowadays, there is no guarantee that the money you have saved will cover your funeral costs in the years to come.
Many others like you look to guaranteed over 50s insurance policies; however, most of these policies only offer a lump sum payment at the time of your death. These insurance policies do not cover your funeral director’s costs which in turn.
Compare Funeral Plans
Although funeral plans tend to guarantee the funeral director’s services and costs included in the plan, your choice should be based on what is included in the plan. For example, a basic plan may only include a simple coffin and a hearse, whilst another may include bereavement services, a high quality or superior coffin alongside limousines for your family members or mourners.
When choosing your funeral plan, we recommend evaluating which plan best suits your requirements at that time.
How To Plan A Funeral
Before selecting your choice of funeral plan provider, you should consider the type of funeral you desire. Having a funeral plan can provide your family with useful information about where you want to die, whether you would prefer a burial or cremation or have a preference over flowers, hymns, readings or music you would like to have at the service, many funeral plans allow your wishes to be documented.
Pre-Paid Funeral Plans South Wales
Our range of pre-paid funeral plans in South Wales offer you the opportunity to plan. Our experienced team can talk you through the planning process and once all arrangements are agreed, you will have peace of mind in the knowledge that everything is taken care of.