Supporting Clients at the Most Sensitive Time
Many people struggle to understand the huge range of options available in the funeral market. This confusion often leads to choosing plans that still involve significant additional costs when it comes to settlement. For example, a survey by Fairer Finance found that 90% of people who bought a ‘contribution plan’ believed all of their cremation costs were guaranteed, when this was not the case.
Financial advisers can support their clients in making more informed decisions, giving loved ones more security at a time which is often hugely uncertain.
Traditionally, the British public has been reluctant to discuss sensitive topics such as funeral planning. This is one of the reasons why only 1.2 million British people have a plan in place – a small percentage in country of 66 million people. This contrasts significantly with Spain, where over 20 million people have made provisions in a country of less than 47 million.
Financial advisers can develop their service to go beyond simple financial advice, creating a package that provides significant added value for their clients.
To find out more about this service, please complete the form and register your interest.
Please complete the form
to register your interest
An Overview of Funeral Plans
A funeral plan helps to prepare and pay towards the ceremony in advance – helping to lessen the financial weight, as well as the stress and worry for loved ones. In 2017, the average cost of a funeral was £4,078 – a figure which is projected to rise to £7,000 in just 10 years.
How It Works
Features and benefits
- Plan portability, which means (unlike many other plans) you can move it between family members
(see terms for details) - OnePlan can be used to pay for the services of any funeral director anywhere in the UK
- Provision of the professional services of a funeral director to make all arrangements for the funeral
- Advice on the certification and registration of the death and related documentation
- Collection and transportation of the deceased to the FD premises (within a 20 mile radius) 24 hours a day
- Care of the deceased prior to the burial or cremation (excluding embalming)
- Superior coffin with engraved nameplate
- Use of chapel of rest or service rooms
- Family viewing at any pre-arranged time
- The funeral service at a local cemetery or crematorium
- Time of funeral agreed mutually between funeral director and family
- Funeral procession to funeral location (fees and costs of a service at a separate location not included)
- A hearse to local crematorium or cemetery
- Provision of sufficient staff to attend to the coffin as required
- Two limousines provided
- OnePlan includes a £1,600 allowance, which is the highest in the industry, to contribute towards disbursements/3rd party fees*
- A list provided to the family of mourners who sent flowers
- Ongoing telephone support for the bereaved
- Unique digital time capsule with every plan
Powered by Wren & Fraser
Supporting Advisers
We work with carefully selected partner organisations to provide a collaborative, multi-disciplinary approach to estate planning. To strengthen and develop the estate planning element of a business, view our other Partner Services.
Find out more about our other Partner Services