Wednesday, May 21, 2014

Explaining A Pre Paid Funeral Plan

By Katie Nixon


Anyone who has had to organise a funeral for a relative or close friend will understand how much organisation goes into the planning of this event and also the cost involved. If a person dies without having set aside any money for a funeral this will have to come out of the pockets of the person organising the funeral who can then send the bills to the person in charge of the estate for reimbursement.

An individual can pay into a pre-paid funeral plan over a period of time. They be able to take advantage of the fact that they can beat inflation rates, as they will only have to pay the costs at today's prices. The person can feel rest assured that they full funeral costs will be covered on the event of their death.

When arranging a funeral plan, a person can also think about the type of service that they would like to have at their funeral. Making these arrangements in advance can save family and friends a lot of heartache at a time when they will already be very upset and perhaps stressed.

When purchasing a pre paid funeral plan the customer will be asked a series of questions to ensure that they purchase the plan that best meets their needs. They can choose what coffin they would like, whether funeral directors and staff will attend the service or just be present in the hearse or limousine and include confidential phone advice and bereavement counselling for family and friends.

The main benefit of having a pre-paid funeral plan in place is that the individual can feel rest assured that their family and friends will not have to foot the bill for their funeral once they have passed away. They will be able to carry out the deceased's wishes in terms of what type of funeral they would like, which can give them something constructive to focus on following the death of their family member or friend.

There are many different providers of pre-paid funeral plans, including charities and insurance providers. Plans can be paid into over a period of 1, 5 or 10 years or they can be paid as a lump sum depending on what the individual can afford. Most funeral plans start from around 3000 though they can vary. It can be worth speaking to a financial advisor to find out more about specific funeral plans.




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