Should I Choose A Funeral Plan Or Life Insurance?
You may be wondering which is your best buy, a pre paid funeral plan or life insurance.
Our helpful comparison table below may give you just what you need to make a decision, for more detailed information, further enquiries may be needed as everyone's circumstances can differ.
Some funeral plan services require a large upfront payment (some starting at £1,200) which rules out those without the means or on lower incomes to be able to afford it.
Funeral Plan Do's & Dont's
Funeral Plan V Life Insurance Comparison Table
Get your 100% free life insurance quote:
Life Insurance & Funeral Plan FAQ:
- Why a funeral plan?
- Is it really needed?
- Ways to pay for my funeral?
- GOVERNMENT HELP?
Many families are struggling to make ends meet and unfortunately when a death occurs in the family; dealing with the grief can be extremely difficult and stressful.
Is it possible to pay for my funeral with alternative options?
Pay monthly Funeral Plan
A government scheme does exist, for those who are eligible for it, that can offer financial support, however it is not guaranteed.
Statistics from the tax year 2014/2015 report that just over half (58%) of those who requested government help with funeral costs actually received the funds.*