Funeral Plans

Funeral PlansBack in 2004, an average funeral cost around £1,920. However, recent research* shows the average cost of a funeral in the UK is now £3,609 – an increase of 88% in ten years, well above the general level of inflation. If this trend continues, the average cost of a funeral in 2024 will be £6,801.

Paying in advance for your funeral is a sensible decision that will save money, benefiting your family or estate. We guarantee that, as long as your plan is paid for, there’ll be no more to pay for the services within your funeral director’s control.

A real alternative to saving

We believe a funeral plan offers a better option than saving for your funeral.

In 2004, if you had put £1,920* (then the average cost of a funeral) into a building society, you would have seen it grow to only £2,168.91** over the next 10 years. However, with the average cost of a funeral now £3,609*, your family would have to find an additional £1,440.09, at a very difficult time.

Plus, unlike saving for your funeral, you won’t have to worry about your family needing access to your savings account before the funeral can be paid for. When the time comes, one phone call to your selected funeral director will activate your plan, relieving your family of the stress of organising funds and making detailed arrangements.

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* Survey Of Funeral Costs In Britain 2000 commissioned by The Oddfellows.

** Building Societies Association, average savings rates Jan 2000 – Jul 2013

Past performance is not necessarily a guide for the future.

If you would like more information, please complete the form below