Funeral Plan Costs and Inflation – is the only way up?
It certainly looks as if the only way is UP for funeral plan costs! Why?
(So organise your prepaid funeral plan through us as soon as possible and we’ll help the environment and plant a tree in your honour before prices go up again!)
Each Funeral Plan company reviews it’s costs at least once a year. And so far, the only way has been up. They have to remain in line with the cost of providing a funeral, which is rising just as fast.
Why is the trend of plan costs inflation so firmly up? Because regulations are getting tighter throughout the system, adding expenses and in some cases requiring multi-million pound investments.
To make matters worse, many undertakers do not have the facility to handle increasingly large and tall people. A few years ago, people over 18 stone or 6’2” were very unusual: now they are common. This means that some funeral directors cannot handle them without tearing out expensive but perfectly sound equipment and replacing it with expensive new equipment. All of which puts up the cost of funerals, and consequently prepaid funeral plans.
When is the best time to buy before funeral plan costs go up?
There are many funeral plan companies costs which we keep under review, and they all change at different times, but there are roughly four times a year when leaving it a week or two could cost you dearly – at least, if you buy direct.
But at the Prepaid Funeral Review, we can often offer last years prices for up to a month after they go up to the public. Why? Because we advise on lots of funeral plans, and the companies want to keep in our good books!
The Prepaid Funeral Review is the right place if you are looking for sound information about prepaid funeral plan costs. Prepaid funeral plans really are very different from each other under the glossy surface.
We at The Prepaid Funeral Review are independent of all the prepaid funeral plan providers. We offer an independent prepaid funeral review of the plans available in the UK and a specific recommendation of the plan which is best for your unique situation.
If you want to simplify the process and get advice rather than reading through the site yourself (and we don’t give too much away on the site!), contact us for the Prepaid Funeral Review checklist. Or prepare to comb through the small print of dozens of companies in a probably vain attempt to find the best plan before funeral plan costs go up again!