Funeral Planning
What We Offer
Funeral Planning
In the event of a loss of a loved one, having financial pressures can an unwanted burden to shoulder.
We help individuals and couples remove any potential burden from their families in the event of their death by planning appropriately for funerals. According to SunLife, the average cost of a funeral in the United Kingdom last year was £4,271. This cost has risen by 5% in the previous 12 months and has doubled since 2004.
We plan appropriately to cover funeral costs in the most tax-efficient manner so families are not put under financial pressure at a time of heartbreak.
TESTIMONIAL
Very professional, very helpful and explained everything so well! Nothing was to much trouble and nothing was ever forced pleasure to have gone with Protego for mine and my wife’s Wills.
Rhys Taylor.
Funeral Planning
Frequently Asked Questions.
A Funeral Plan acts as a type of insurance policy that is taken out to cover the entire, or portion, of the costs related to a funeral. These plans can be taken out with a number of providers and can be paid for in one go, upfront, or via monthly instalments – much like a regular insurance policy.
Typically, if the Funeral Plan is paid upfront, the cost is locked in at the price of the funeral on the date it was purchased. If a number of years pass until it activated upon the death of the purchaser, this can enable to family to save a considerable amount. Given how funeral costs have risen exponentially in recent times, and are set to continue increasing in years to come, this is a savvy move from a financial perspective.
Typically, yes. Pay monthly policies may cover the majority of the funeral costs, or at least specific items, but there may be a shortfall. Usually, this is a much smaller balance but it will differ from policy to policy.
A Funeral Plan not only removes all, if not the majority, of the financial burden relating to a funeral but from a planning perspective, it gives clarity on the wishes of the deceased. Many Funeral Plans state what type of burial or cremation they want, as well as details on headstones, coffins, funeral directors and smaller items such as limousines, cars and floral arrangements.
