Funeral Plans Beware!!
The reason is simple it is most likely that any of these groups could be taking commission on the sale of a funeral plan to you of up to £1000.00. This large amount taken out at the start of your plan leaves less to pay for the funeral you want at the time it is needed.
We believe funeral planning has like lots of financial products become very confusing and some funeral plans being sold are simply not fit for purpose.
For the benefit of our clients along with the long term stability of our very established family business we feel this has become our only option.
Our Independent Way Funeral Plans offer the most secure way of planning for the future. Fully backed by the countries largest funeral planning company, compliant with The Funeral Planning Authority and all monies you pay supported and guaranteed by a secure Trust Fund. The brochures and prices are below here to download with full information enclosed. However we also understand that at times it is better to talk face to face. Do ring, email or telephone so that we can arrange a meeting to discuss your plans in detail and if needs be tailor a plan which is just right for you.
Whilst we are not Financial Advisers we are all very experienced Funeral Directors. Funeral plans offer a number of benefits but can also be restrictive to family left behind that is why on occasions we simply say it is not for everyone.
Life Insurance Plans
Life Insurance Policies! Another Warning!!In recent years many of our clients have asked us about funeral benefit plans which are being offered by big insurance companies as an add on to over 50’s life insurance policies.We have serious concerns?!! Firstly with these policies it is possible you will end up paying far more money than you get back, this is because the payout you receive is fixed from day one but you could be paying into the policy for 30 + years.
Secondly these policies tie you in to using one particular Funeral Directors and generally one of the large corporate group type Funeral Director who are so expensive. This means that any costs not covered by the policy would be significantly higher for your loved ones.
Finally the payout on the policy is not inflation linked or guaranteed to cover everything, so even after many years of prudent saving on your part, your relatives could still end up with a large bill.
But don’t just take our word for it. Watch the BBC Watchdog programme on life plans and see what they said.