If you are over the age of 50, you may be starting to think about how you will pay for your funeral. According to SunLife’s Cost of Dying Report 2022, the average cost of a basic funeral is £4,056 in the UK. Our new over 50 funeral plan is designed to help you spread the cost of paying for your funeral in advance, saving thousands on higher funeral costs in the future.
In our latest blog, we will give you everything you need to know about our over 50 funeral plans. We will dive into how this over 50 funeral plan works, as well as the benefits and why you should take out this type of funeral plan.
How does our over 50 funeral plan work?
Unlike our main funeral plans that we offer, our over 50 funeral plan is for people aged 50, all the way up to 74 years old. Our over 50 funeral plan payments can be spread out over 5 years or 10 years. If you’ve already had your 50th birthday, then you automatically qualify for this plan.
Why take out an over 50 funeral plan?
When you take out an over 50 funeral plan, you’ll have peace of mind, knowing that your funeral costs are covered, as well as the funeral arrangements. It means that you can enjoy the remaining years of your life without having to worry about having to pay more for your funeral in the future.
As part of the over 50 funeral plan, it not only includes the cremation and a simple coffin, but also round-the-clock assistance. We will help your family organise the cremation by completing the legal and cremation paperwork. Alongside that, you can have the ashes scattered in the garden of remembrance or returned back to you within 14 days.
The benefits of taking out an over 50 funeral plan
Rather than take out a 50s life insurance plan, there are some benefits that come with taking out an over 50 funeral plan. The main benefits are that you have flexibility over how much you can pay for your funeral plan, as well as use the money for something that is completely unrelated to the funeral itself.
If you’re over 50 and in poor health, an over 50 funeral plan is a great option, as there is no need for medical checks. The monthly instalments of an over 50 funeral plan are low, making it an attractive and affordable option for covering the cost of your funeral.