That is the place to start – the market is complicated and (in my opinion) more people buy quite unsuitable plans than proper ones, as they don’t fully understand what they are buying. Funeral plans are just as “simple” as cars!
Whatever you do, please do NOT buy a plan WITHOUT seeing and READING the Small Print – and not over the phone – read the terms and conditions before even considering parting with money.
If a company won’t send you a printed brochure – avoid them. On the topic of complaints about funeral plans sold over the phone checkout our new page on delays to refunds and also Covid related issues.
We spend hours on each prepaid funeral plan review, so we can give you the right advice, so it makes sense to call us and take advantage of our experience.
Our Free Guide: Keep Safe:
Every day we get calls from people complaining that they haven’t had refunds for plans they were sold over the phone (not by us!) Salespeople are throwing mud against the wall in the hope that people won’t bother to read the documentation, and 90% don’t. You are parting with a lot of money, so it is worth taking your time to get it right. Getting refunds within the “cooling off period” is not always as easy as it sounds.
PLEASE do not buy over the phone. Get the brochure and the terms of business and READ them or you may not be buying what you think you are – call us, we are Independent.
Guarantees are a case in point – what EXACTLY is being guaranteed? Usually it is only part of the cost, typically between one half and two thirds at best. Some are FAR better than others, but a plan for your neighbour might be quite different.
PLEASE take me up on my FREE Independent Advice, and I will review the prepaid funeral plan market for the plan that suits YOUR needs, wishes and pocket, Cheapest is not always best.
Best to call us for a chat first, on 0800 0588 240 (9am to 9pm anyday) But start looking at our prepaid funeral plan reviews and you will realise the value of our free independent advice and the work we do on funeral plan reviews.
If you are NOT ready to go ahead, please ask for the Guide and maybe have a general chat with me – recommendations are pointless (and time consuming for me to do) if you are not ready. Things change quickly so they may be different in a couple of months. My Free Guide to Prepaid Funeral Plans (above) is a great place to start.
Apparently, funerals are the biggest single items on credit cards they generally have to be paid for in advance of the event.
Take advantage of 2020s lowest prices before the rest go up!
2020 was shaping up to be potentially a good year for clients of the Prepaid Funeral Review with more competition keeping prices down. Or, to be more accurate, slowing down the rate of increase! The Funeral Planning companies are also trying hard to improve their offers – some offering discounts, others adding additional guarantees, at least to cremation plans. So watch out for improving reviews, but be aware that some are also quietly removing benefits to appear more competitive. We don’t give ratings on our funeral plan reviews because what is perfect for one person is quite wrong for another.
The Direct Cremation market (with no ceremony) is growing too; it is much cheaper, but certainly only for a small group with families and friends who truly understand how they work. Do follow the link and have a look at our direct cremation funeral plan reviews.
It is great that competition is leading major brands to review their operations to maintain market share against the new breed of funeral planning companies, some of who market their products just by paying higher fees to salespeople. Where such a plan is truly competitive (and it does happen), we reduce the cost to you where we are permitted by contract to do so.
Price rises – one senior executive said one company is raising prices by up to £300. But be aware that it isn’t just about cost, it is about the quality of the plan. Two plans may look identical to you, but they won’t to us. Just recently, better plans have often been cheaper than inferior ones. So get in touch!! Instalments available, interest free on some plans for several years.
Bad / Good News: (or put another way, call us today or pay more!) Regulation by the Financial Conduct Authority is on the way (in 2021/2). It may get rid of some of the hard sell folk, but it will have a significant impact on funeral plan providers costs. We estimate the average prices will increase by nearly 10% to account for additional paperwork.
Security will be even stronger (and it is pretty good already). But the market will be less competitive and innovation will be discouraged. Worse still, Independent Advice and Reviews of Prepaid Funeral Plans – like ours – could be driven out of the market. Why? The FCA intends to introduce a provider controlled enforcement scheme and we will potentially have to adopt entirely different procedures for recommending the plans of each of the 20 plus providers.
We are determined to stay independent if it is humanly possible, and don’t want to suffer the fate that most Independent Financial Advisers did when the FCA took over – try getting genuine independent financial advice these days if you are not wealthy! (It is still possible – we know a few excellent IFAs who don’t mind helping ordinary people, it is just hard to find them.)