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.
By paying into a pre-paid funeral plan, this means that an individual can feel rest assured that their full funeral costs will be paid for upon the event of their death. They can pay into the plan on a monthly basis. This method also means they have the added bonus of beating inflation, as they will pay the monthly fees based on today's prices. Organising a funeral plan can also mean that an individual can choose their favourite hymns and readings to be included within their service.
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.
The individual can choose a firm of funeral directors who they would like to organise the funeral for them. They can choose what coffin they would like as well as choosing hymns and readings to be used within the service. Some people would also like to stipulate who should ride in the limousine to and from the service and where it should be held.
The principal benefit of owning pre paid funeral plans is the peace of mind they bring. Loved ones are not saddled with paying the full cost of a funeral and the price of the plan will be frozen at today's prices, thus avoiding an inevitable increase in future prices.
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.
By paying into a pre-paid funeral plan, this means that an individual can feel rest assured that their full funeral costs will be paid for upon the event of their death. They can pay into the plan on a monthly basis. This method also means they have the added bonus of beating inflation, as they will pay the monthly fees based on today's prices. Organising a funeral plan can also mean that an individual can choose their favourite hymns and readings to be included within their service.
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.
The individual can choose a firm of funeral directors who they would like to organise the funeral for them. They can choose what coffin they would like as well as choosing hymns and readings to be used within the service. Some people would also like to stipulate who should ride in the limousine to and from the service and where it should be held.
The principal benefit of owning pre paid funeral plans is the peace of mind they bring. Loved ones are not saddled with paying the full cost of a funeral and the price of the plan will be frozen at today's prices, thus avoiding an inevitable increase in future prices.
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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To find out more about setting up a prepaid funeral plan, why not take a look at the Advant Age website to see what funeral plans they have to offer?
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