Focus SWW Summer 2018 | Page 26

The Final Word

Why consider a funeral plan ?

You should consider a Funeral Plan to deal with the most personal and sensitive of your family affairs and alleviate the financial and emotional burdens that naturally accompany a bereavement .
Planning ahead is important . Here are some of the reasons why people choose to purchase funeral plans :
• Funeral plans provide an opportunity to secure funeral director ’ s services at today ’ s prices , to counter the sharply rising costs of a funeral .
• Often people just don ’ t know what their deceased relative wanted - usually because it ’ s natural to put off talking about it .
• At a time of sadness , you will have relieved your family of a significant financial burden . Those you leave behind will remember your thoughtfulness .
• A funeral plan ensures that your wishes will be carried out and that the funeral director ’ s services will be paid for at no extra cost to your family .
• Savings in a bank or building society is just a sum of money . Your executors are not obliged to spend it on your funeral and it may not keep up with the rising costs of funerals .
• Putting your funeral wishes in your Will is not binding upon your executors - they do not have to carry out your wishes .
• You can choose a funeral to suit your requirements across a range of prices , or you can pay by instalments if you prefer .
• You will receive a welcome letter and certificate which confirms the funeral you have chosen . It also specifies , if you wish , personal details such as religious requirements , gifts to charities in lieu of flowers , music , etc .

The national average cost of a funeral has more than doubled since 2004

The reality facing us all is that the cost of a funeral in the UK has risen by 90 % since 2004 and is predicted to continue to rise significantly in the future .
By choosing to purchase a Guaranteed Funeral Plan , you can secure the cost of the Funeral Director ’ s services , at today ’ s prices , with no more to pay however much they may rise in the future .
Your Money is Secure
Source : The SunLife Cost of Dying Report 2017
Funeral Partners Limited provides exceptional security for your money . All of the invested funds are held securely in a whole of life assurance policy to pay for your funeral service . For maximum security , Funeral Plan funds are held in guaranteed whole of life assurance policies with a life assurance company that is authorised by the Prudential Regulation Authority ( PRA ) and regulated by the PRA and the Financial conduct Authority ( FCA ). Funeral plans themselves are not regulated by the PRA or FCA but are regulated by the Funeral Planning Authority .

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The Society of Will Writers