You might be thinking about taking out a Funeral Plan for someone close to you. In 2017, over 1 in 10 of Age UK Funeral Plan** customers took out a plan on behalf of someone else.
For example it could be your parents or a close loved one. Or it could be a more distant relative. You might be their next of kin because they have no children. Buying a funeral plan for someone else provides security and peace of mind for those close to them.
Prices start from just £2,995 for the Basic Plan
Planning for the future
Funeral costs are continuing to rise year on year. The average funeral cost in the UK has more than doubled since 2004^. At current rates, it is estimated that the average cost of a funeral could reach £4,944 by 2022^. This can be a cause for concern for families and carers.
An Age Co Funeral Plan provided by Dignity, should be a key part of everyone’s future financial planning. It protects against the cost of inflation and guarantees to cover essential funeral costs, unlike some other products available on the market . By taking out an Age Co Funeral Plan today for someone else you can freeze the cost of the services in the Plan at today’s prices.
Making important decisions is also difficult at a time of heightened emotions. Trying to make funeral arrangements when a loved one has passed only adds more stress and worry. By taking out an Age Co Funeral Plan for a family member or loved one today you can ensure that you and their nearest have the space to mourn and grieve when you need it most. Many of the important decisions will be taken care of by the funeral plan.
You can find more reasons to take out a Funeral Plan here.
How it works for you and them
You may decide to speak to the person about taking out a Plan for them, in which case you can work through the options together to plan a personal and fitting occasion. Or you may be acting on their behalf and may not wish to trouble them with the details, in this case, all communications and documents go to the person who took out the Plan not the Planholder. It will help to bring you comfort to take control of the situation in advance.
** Age Co Funeral Plans were previously sold under the trading name Age UK Funeral Plans.
† 52p based on Basic Plan paying by instalments over 25 years. Plans paid over a period greater than 12 months will incur an administration charge.
^ The 2017 SunLife Cost of Dying Report.
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