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Ways to Save For a Funeral

Many people agree that taking care of funeral costs in advance is a good thing to do, but with so many ways of putting money aside for the future, why should you choose a Prepaid Funeral Plan from Dignity?

You might be relying on money in savings or thinking about taking out an over 50's insurance policy, but neither of these options guarantee to provide funeral insurance in the future.

Funeral Insurance v Funeral Plans

Low interest rates and changes to inflation mean that when the time comes, the cost of the funeral may exceed the amount you’re covered for. Whereas The Dignity Prepaid Funeral Plan guarantees to cover the cost of all the funeral services included in The Plan, whenever it is needed.

When my Mum passed away not only did we not have the financial burden of a funeral we had the support of a very caring funeral service who organised everything for us.

– Mrs Close, Leeds

What’s more, these other ways to take care of funeral costs don’t include help with the funeral arrangements, so your family would still have to do that themselves.

The table below shows the pros and cons of a funeral plan, compared to other types of funeral insurance, such as an ISA or over 50's plan.

Things to consider Prepaid Funeral Plan Over 50's Insurance Policy Savings
Does it protect against rising funeral costs?

Yes

No

No

Is it unaffected by changing inflation and low interest rates?

Yes

No

No

Does it help loved ones with funeral arrangements at the time?

Yes

No

No

Does it include the services of a trusted and professional funeral director?

Yes

No

No

Does it offer the option to pay in monthly instalments?

Yes

Yes

Yes

Can the Plan be cashed in at any time?

Yes

No

Yes

With a Dignity Prepaid Funeral Plan your family will receive support and guidance with the arrangements from one of Dignity’s professional and compassionate nominated funeral directors.

Find out how a Dignity Prepaid Funeral Plan works today or request a guide for more information.