Funeral Plans Explained
One of the most unfortunate facts of life is that at some time or another, we will need to be concerned about providing for our loved ones when we pass away. A main concerns should always revolve around the growing price of a funeral within the United Kingdom. Funeral plans are excellent to provide you with a peace of mind in knowing that your family will be financially protected during this challenging time. Still, you might not be entirely familiar with what these packages entail as well as their differences. Let's break down the basics of funeral plans as well as take a quick look at what are thought to be a handful of the top providers in today's marketplace.
A Look at the Types and Coverage Levels of Funeral Plans
Funeral plans can be a bit tricky. This arises from the fact that the types of coverage tend to vary widely. So, there is no general “template” to work from. Instead, some of the most common costs that a typical funeral plan addresses will include:
- The cost of the funeral parlour
- Medical examinations
- Transportation of the body
- A limousine procession
- A portion of the fees of the funeral director
You may have noticed that burial and cremation costs were NOT mentioned above. In most cases, these will need to be included as an addition within a standard plan. There are nonetheless a few firms which specifically cater to these needs.
The Costs and Payment Methods
The cost of each plan can likewise vary between different providers as well as any extras that you may wish. These could include flowers or providing for the full cost of the funeral director. There are two ways that you can pay for any plan. The first is to make monthly instalments (much like a normal insurance policy). The second option is to choose to make a lump-sum payment. Although figures can vary, the total value of most plans will range anywhere between £3,000 and £5,000 pounds. There can also be times when paying a lump sum will reduce the aggregate amount that is owed (in the form of a percentage).
The Top Funeral Plan Providers
Before deciding upon any firm, make certain that they are members of the Funeral Planning Authority (FPA). This guarantees transparency and a fair rice. According to the latest reviews, some of the best firms within this industry are:
- Golden Charter
- Perfect Choice
Golden Charter provides basic plans for as low as £3,65 pounds. Their superior plans include options such as premiere coffins, two limousines and a legally approved will
Perfect Choice plans begin at £3,555 pounds. This is the Basic Plan. Their “Complete” plan provides amenities including free legal advice, care of the deceased, all funeral arrangements and covering funeral director costs.
Dignity prices begin at £3,535 pounds. Some extras will include a veneered coffin, supervising all transportation logistics and even catering for the wake.
Basic Avalon plans start from £3,595 pounds. Their superior plans provide extras including the provision of funeral stall, full floral tributes, two limousines and a high-quality coffin.