Tips for Spending On Burial Services
Burial services are often a sad and painful occasion especially if you have lost a loved one that was dear to you.
Planning Funeral Services Ahead Of Time Is Ideal
While you may not want to think about your funeral services or involve any family in thinking about them ahead of time, it really is a good idea. You are going to understand the many reasons why as you read through the following suggestions. Some people are even put in charge of having to plan someone else's funeral prior to the person's death.
When someone dies, family members and friends are going to be grieving. You hear about this or have probably even had people close to you die and have seen family members planning funeral services. You may have even planned one yourself already for someone in the past. It can be a burden on people that are grieving, and that is the first reason why it's always a good idea to plan ahead of time.
About Prepaid Funerals
Prepaid funerals are a plan where you can pay for your own funeral at today’s cost. This is marketed as a good way to invest and protect yourself as well as the people close to you from expenses that will arise from your funeral. Over the last few years, the costs of funerals have been rising at a rate that is significantly higher than inflation.
Therefore, you should be careful with some plans. There are plans that do not cover all costs especially funerals that include burials. Be wary of the small print saying “not all costs are fully guaranteed.” You must consider all available plans before choosing one and committing to it. It will be costly changing from one plan to the other. This is because of steep cancellation fees.
There are two main ways you can buy prepaid funeral plans. You can get a plan from a local funeral director or a funeral plan provider. Payment for both is very flexible. Most providers will offer an option where you can pay onetime or you can pay in installment over a period of 12-120 months depending on your choice of plan.
It will be more expensive if you choose to pay in installments because of the interest and administration fees. For example, if you choose to pay in 60 months, it can be more by 15% than paying in 12 months. One time pay off can be between £2,949 to 4,135.
Before you commit yourself to a plan, make sure to check all the important things about it. There are simple prepaid funeral plans that do not include a church service or a limousine. There are other plans that may put a distance limit to where they can transport the deceased. There are expensive plans that will also leave out important things that you would want in your funeral. These include a church or chapel service before the actual burial. There are also some comprehensive plans that will include the cost of a burial plot that is about £725.
Most plans use a marketing strategy that claim to freeze all costs that come with funerals – calculations are done using today’s prices and they will help you plan your own funeral. It is true that some of the costs are covered. However, you might find some costs that the family has to cover as they are not guaranteed by the plan.