Why Should You Get funeral Insurance Cover?
While other forms of insurance are protecting you against something that might possibly happen, funeral insurance is slightly different. One way of viewing this kind of coverage is as a payment in advance for services that will eventually be rendered as death is a risk that can never be avoided.
They do say That the Only Two Things That are Certain in Life
Are death and taxes, and it makes sense to protect your family and loved ones so that when your time finally comes they will be spared any financial hardship. Arranging burial or cremation insurance cover well in advance means that you and your loved ones can enjoy peace of mind and nobody will be left shouldering the burden of funeral expenses.
While nobody likes to think about their own death, it is important to consider the impact that it may have on your nearest and dearest. There are several advantages of organising high quality funeral insurance:
The most obvious of these is that you will be shielding your family from the enormous expense of paying for your funeral, the average cost of which has now risen to a shocking £7,600. This is especially important if your family has a limited income and would find it difficult to raise such a large amount.
Funeral Cover Represents an Affordable Way for You
To cover the costs of your funeral arrangements and you will not have to pay a lump sum up front. Instead the total amount is spread out over an extended period of time, with small payments every month so that you won’t ever feel the pinch.
Organising your own cover will also help to ease the burden on your family to arrange everything at an understandably difficult time. Everybody wants to protect their loved ones from extra strain at a time when they will be grieving, and this is one way to ease that pressure giving them one less thing to worry about.
When you have paid for burial or cremation insurance cover, your family will usually benefit from a rapid payout, allowing them to cover their costs and make arrangements more quickly. The majority of policies ensure that payouts are made within 24 hours of a claim being made, so there will be no need to try to scrape together the necessary funds to make those initial payments.
By opting into funeral insurance cover, you will also be gaining greater control over your own arrangements. You will be in a stronger position to express your preferences and wishes long before you pass away and to make sure that everything is just how you want it to be.
Funeral Insurance Why Buy a funeral Plan !
No one likes talking about dying however death is a fact that we cannot get away from. Thinking now about funeral insurance provides the chance for you to sit down with loved ones and make arrangements for when that time might arrive.
The last ten years have seen the cost of funerals rising sharply and likely to continue. Many think that their savings or life insurance will cover the cost of their funeral. With the average cost of a funeral in the UK now around £4,000 at today’s prices, it is not possible to know for certain that any savings or life insurance will cover the costs. It means that loved ones might have to cover the cost of the funeral.
Equally, if you are someone who lives on their own, do you know that your wishes about any burial or cremation arrangements will be respected? When someone dies, the Local Authority has a duty to arrange a Public Health Funeral for those who do not have any known family or loved ones who can arrange or pay for his or her funeral. What they provide will vary between the different authorities. Funeral insurance provides you with control.
The death of a loved one is a difficult time for everyone involved. When the time comes providing them with peace of mind and one less thing to worry about is important. One way to do all of this is to make your funeral arrangements now and pre-pay the burial or cremation costs now by taking out funeral insurance. It means that you and your loved ones can relax and enjoy life. You know that everything has been taken care of with a prepaid funeral plan. Thinking now about buying a funeral plan has some benefits, not just for you but your family as well as it protects them. While everyone is different, reasons for buying funeral insurance can include:
The Cost of the Funeral is Fixed at —-> Today’s Prices.
* Since you are arranging the funeral now, it can save your family the worry of having to make all the arrangements at such a difficult time.
* Allows you and your family to plan things together and make arrangements.
* The majority guarantee that a funeral plan will cover the cost of the funeral services. There may be some costs that the plan cannot adequately cover as it is not possible to prepare for them in advance.
* The money you pay for your funeral is held securely in a separate Independent Trust Fund.
By paying up front and buying a funeral plan now means that loved ones do not have to worry when the need arises.