Introducing the NEW Regular Payment Funeral Plan
23 January 2020
Low cost monthly payment option based on your plans and your prices
We are delighted to introduce our new Regular Payment Funeral Plan; a monthly payment option which allows customers to pre-arrange their funeral with you and spread the cost over a longer term.
While a proportion of customers already choose to pay by instalments, feedback from funeral directors shows that there is rising demand for a more affordable payment option. We are confident that the new Regular Payment Funeral Plan fulfils this need, offering the following benefits:
- Competitive monthly payments
- No requirement to pay a management fee with the first payment
- Fixed monthly payments that can be made over more than 5 years
- The customer can take up to two payment holidays over the life of the plan
- The full plan value is paid out on death after the first year
Like our traditional funeral plans, the Regular Payment Funeral Plan is supported by a high quality whole of life assurance model – we have taken the time to ensure that it provides exceptional value for both funeral directors and customers. In addition, funeral director’s fees and disbursements fees are guaranteed to grow by 4% per annum.
Managing Director, Chris Clark, said: “Offering customers and supporting funeral directors flexibility is a priority for us and this is just another way we are working to enhance our proposition for the firms we support. We have already seen much interest since launch.”
Our Regular Payment Funeral Plan is available now. Speak to your usual Relationship Manager today to find out more.
Terms and conditions apply – please ask for details.