Rising costs of funeral plans can be a major concern for the loved ones left behind who have to find a way to pay for arrangements at the time of need. Not only is it an emotional time when a family member or close friend passes away, but the task of trying to juggle organising the funeral whilst considering their personal wishes and sorting out payment of the funeral costs can seem very daunting.
Why 1.4 Million Brits Have Funeral Plans:
- Safeguarding families from rising funeral costs by paying today’s prices.
- It can be difficult to talk about funerals with family and how you’d like things to be arranged.
- Take the stress away from family members having to plan the funeral during a difficult time.
The average cost of a funeral in the UK is £4,271, however this average cost depends on whether it is a cremation or burial funeral. For a cremation, average costs are around £3,858 while a burial averages £4,975.
This breakdown of funeral costs highlights on average what you could expect to pay of a funeral in the UK in 2020. Prices vary depending on the type of funeral, where you live and the services you include.
- Basic funeral costs (funeral director and 3rd party costs) - £4,417
- Additional funeral expenses – £2,306
- Professional fees for administering the estate - £2,771
This means the total cost of dying in the UK is now £9,493.
According to SunLife, just 40% of people have made sufficient provisions to cover the full cost of their funeral. On average, loved ones had to find £1,981, and for some families, finding the money to pay for a funeral has caused notable financial problems.
Avoid rising costs by taking a proactive approach and purchasing a Prepaid Funeral Plan. This means you can not only protect yourself and your loved ones against rising funeral costs, but freeze the cost of your funeral at today’s prices.