A 2016 report from the British Seniors Insurance Agency revealed that a quarter of people who dealt with a loved one’s affairs had to resort to credit cards, personal loans and payday loans to pay for funeral costs. The report revealed that the young were particularly affected with more than 40% using credit cards, and nearly a quarter forced to take out payday loans1.
With a funeral plan from your local funeral director, you can ensure that when the time comes, there's practical and financial support available for your loved ones.
Purchasing a pre-paid funeral plan enables you to choose your funeral arrangements in advance and and even request bespoke services if you wish. In turn, this can reduce the stresses of making difficult decisions for your loved ones.
Terms and conditions apply to funeral plans. This information may become out of date in the future. Produced April 2016.
1. British Seniors Insurance Agency, Grave Reality of Dying, January 2016.