Why funeral pre-planning is still a good idea in 2021

16 November 2021

According to the Funeral Planning Authority (FPA), over 2.2million funeral plans have been purchased in the UK since 2002.

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Pre-paid funeral plans have been getting a lot of press recently, and this is partly due to the forthcoming regulation of the industry by the Financial Conduct Authority (FCA). But the notion of making financial provision for one’s own or a loved one’s funeral is anything but new. In fact, according to the Funeral Planning Authority (FPA), over 2.2million funeral plans have been purchased in the UK since 20021. And here at Ecclesiastical Planning Services, we’ve been supporting funeral pre-payment plans since 1992.

So the question is, do funeral plans still represent good value in 2021? For the following reasons, the answer is a resounding yes.

Funeral plans help to reduce uncertainty at the time of need

Last year, we found that nearly half (44%) of people aged 50 and over have not discussed funeral wishes with their friends or family2. Lots of people never get round to doing so. This can lead to all sorts of uncertainty for loved ones when the time comes to arrange a funeral.

Perhaps the rising popularity of direct cremation and direct burial funerals has caused you to rethink how you’d like to be remembered. This is the sort of thing you can specify within your pre-paid funeral plan, to help reduce the worry for your loved ones.

A pre-paid funeral plan allows you to choose your funeral director in advance

According to the 2021 SunLife Cost of Dying Report, when arranging a funeral on behalf of someone else, just 27% of people knew of their loved one’s preferred choice of funeral director3.

Our funeral pre-payment plans allow you to choose your local, independent funeral director in advance, securing their services for your funeral when the time comes. This provides peace of mind for both you and your loved ones at the time of need.

If you don’t already have a firm in mind, why not use our funeral director postcode search for help with finding one.

Funeral plans can help to save money

Taking out a pre-paid funeral plan is a cost-effective way to make provision for funeral costs. This is because once your plan is in place, your funeral director’s costs are covered, as long as they carry out your funeral and your requirements don’t change. You can also make a contribution towards third party costs.

Funeral costs have risen significantly over the years3, so it makes sense to put financial provision in place today.

For more information on pre-planning your perfect goodbye, please contact your local funeral director.

Terms and conditions apply to funeral plans.

1. Funeral Planning Authority, Statistics funeralplanningauthority.co.uk/about-us/statistics/ as seen at August 2021.
2. OnePoll research of 1,000 UK residents aged 50 and above on behalf of Ecclesiastical Planning Services, December 2020.
3. SunLife (2021), Cost of Dying Report, sunlife.co.uk/costofdying2021.