Pre Paid Funerals

Sarah Douglas

Purchasing a funeral plan enables you to pre-plan and pre-pay all your end of life wishes in advance. In doing so, you enjoy peace of mind and key benefits; purchasing a funeral plan helps remove the emotional burden and much of the financial worry from your next of kin at a time in their lives when they are least able to cope. A funeral plan also enables you to fix the cost at today’s prices and enables you to specify precisely your funeral arrangements.

There are many providers of funeral plans on the market and at first glance some appear to offer the same services, however when contemplating the purchasing of a plan there are some issues you should consider.

  1. Does the plan guarantee both the funeral directors costs and the cost of disbursements i.e. the crematorium, minister, medical costs etc?. Whilst many providers will guarantee the funeral director’s costs the majority do not guarantee disbursements and therefore at the time of arranging a funeral the next of kin will be responsible for paying the shortfall which, given the rising costs relating to crematoria charges can be substantial.
  2.  Does the plan you have taken out offer flexibility? Many plans constrain the applicant to a set plan which in many cases does not meet your exact needs, the plan should be unique to you and offer exactly what you require.
  3. Always ask the provider if there are any commissions involved, you may think that the money you have paid is on the understanding that it will be solely invested in your trust. Frequently, because you have been sold the plan by a third party they will take a com- mission, and the funeral director will be offered substantially less than you have paid to carry out your funeral, and as a consequence, they may refuse to accept the plan. A plan recently sold by a company through a third party was sold for £3850.00 with the funeral director receiving £2200, the difference related to set up and commission fees.

Oxley’s Funeral Services have been providing pre-paid funeral plans for over 20 years. We are associated with Golden Leaves Trust who are a founder member of the National Association for pre-paid plans and a registered provider of pre-paid plans with the Funeral Planning Authority.

We offer fully guaranteed plans covering both the funeral director’s costs and the disbursements. We are also Monumental Masons and will (if requested) include in the plan a memorial, interment of ashes and a casket again at a guaranteed price, therefore no additional monies will be asked for at the time of need.

If you would like to receive more information regarding our funeral plans or would like to discuss our plans with our with our dedicated member of staff Sarah Douglas, please do not hesitate to contact our office on 01270 214009.

A funeral plan is a secure way to pre-plan and pre-pay for your funeral. It is not an insurance policy and no medical check is required, anyone at any age can take out a funeral plan.

Pre-planning a funeral gives you peace of mind knowing that the arrangements will be to your wishes. Pre-paying for your funeral now will also save you, your family and estate, a great deal of money due to the fact that you are paying for your funeral at today’s prices.  The Funeral Director’s cost is guaranteed no matter when it is needed or how much the cost of a funeral rises in future years.

We work in partnership with ‘Golden Leaves’ Limited who have been at the forefront of pre-paid funeral planning since 1984, when such plans first became available in the UK. Golden Leaves is a founder member of the National Association for Pre-paid Funeral Plans, and is a registered provider with the Funeral Planning Authority, which monitors the marketing, financial and service provisions of the Plan providers it regulates.

Financial security for the plan is assured by the Golden Leaves Trust, which is managed by an independent Board of Trustees and regulated with the Financial Services and Markets Act 2000 (Regulated Authorities 2001)

As a funeral director working in conjunction with Golden Leaves we have to satisfy a number of stringent requirements, not least, outstanding service records to the communities we serve and be affiliated to accredited professional associations.

The Benefits Of Pre Paid Funeral Plans

There are several important benefits to pre paid funeral plans. It ensures:

  • Peace of mind: a prepaid funeral plan removes any worry you may have about leaving your family or friends to pay for your funeral expenses in full and making arrangements on your behalf.
  • The funeral of your choice: You have the opportunity to arrange all aspects of your funeral whether it be traditional or modern, cremation or burial, the plan will ensure your wishes are carried out
  • Assisting your family: In today’s society, families often live in different parts of the Country or indeed different parts of the world, and therefore unfamiliar with local funeral directors or local services. The pre-paid funeral plan ensures all aspects of the funeral arrangements are taken care of leaving relatives less to worry about in respect of planning the funeral.
  • Financial security: Your money will be held by an Independent Trust fund on behalf of your Funeral Director and covers all the Funeral Directors costs within their control*
  • Financial sense: The plan enables you to secure your funeral at today’s prices.  Like many other services, the cost of a funeral is likely to increase over the coming years for example the average cost of funeral 10 years ago was £850 and today the figure is in the region of £2300.
  • No Age or Health Restrictions: Unlike many insurance companies, the ‘Trust’ does not require you to obtain medical certificates from a doctor and there is no age restriction associated with taking out a pre-paid funeral plan.

*There are some costs outside the Funerals Director’s control, which are known as disbursements, these include fees relating to Doctors, Clergy, Crematoria, Cemeteries and Graveyards and Memorials.  Any rise in such costs may necessitate a further payment, however Golden Leaves will guarantee any increase in the costs of Disbursements to the Retail Price Index.

If you are interested in taking out a pre-paid funeral plan or would like to obtain more details, please contact our office.

Funeral Wishes

Many of us die without making our funeral wishes clear to others. By taking the initiative and setting out your own preferences now, it’s one less thing to worry about and means you can get on with enjoying living, safe in the

knowledge that when the time comes, your loved ones will know what you wanted and be spared from having to make difficult decisions.

There is no cost involved just download and complete the attached ‘Funeral Wishes form’ and email to Oxley’s who will keep a copy on record. You should also keep a copy with your personal documents for the information of your family or whoever may be responsible for organising your funeral.

Golden Leave Funeral Plans

Any questions about funerals?
Please contact us for more information and advice