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The Rising Cost Of Funerals

Not normally thought about, funeral costs are on the rise year on year. Our own funeral costs are a subject most find uncomfortable but by thinking about it now you will be able to save money and get a peace of mind for the future.

How Much Does A Funeral Cost

On average a funeral cost around £4,500, with costs expected to rise year on year. This is mainly due to the cost of burial & cremation but also the cost of the extra items such as headstone, hearse, flowers, catering and care of the deceased, are due to increase too.

Due to these increases in cost many families are finding it hard, this is referred to as ‘Funeral Poverty’. This has increased by 50% over the past 3 years as a family struggle to give their loved ones the funeral they would have liked.

As a result of this many more people have decided to take up a pre-paid funeral plan that allows them to plan their funeral now and take the burden from their loved ones.

What Is A Pre-Paid Funeral Plan

A pre-paid funeral plan is a policy that allows you to plan & pay for your funeral in advance, taking the stress when the day comes for it to be used. Firstly, you pick a trusted funeral director who will be able to talk you through how these policies work and give all the information you need.

Many companies have a choice of plans to suit your budget and needs. Do be aware that some costs are not included in these plans and these will need to be factored when putting money aside for any plan. Talk to your funeral director in Newport and they will be able to take you through step by step.

Prepaid Funeral Plans

Funeral costs continue to rise year on year, so why not try to save every penny while you can? Here’s the trick, prepaid funeral plans are a way to relieve stress from your loved ones when you have passed. When you take out a prepaid funeral plan, it allows you to pay for your own funeral before you pass at today’s rates. 

This bit is the most important as it saves you from inflation rates and sudden price increases over the years. There are many more ways you can save money on funeral costs, for more information please contact us at A E Hicks on 01633 259225

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