Pre-Paid Funeral Plans : The Pros and Cons
Sep 17, 2021
A family-run Birmingham-based funeral director firms wants you to know the pros and cons of pre-paid funeral plans and why they can offer a better service than most.
Small Heath, Birmingham Sep 17, 2021 (Issuewire.com) - Pre-Paid Funeral Plans: The Pros and Cons
It's not something anyone likes talking about but your funeral or the funeral of a loved one is something that needs to be thought-about as you start to get older. Thomas Furber wants to discuss prepaid funeral plans pros and cons to clarify what a funeral plan entails and lay out whether it is the right move for you. It's an important decision and one they hope to make as easy as possible.
What is a pre-paid funeral plan?
First, just some general information about pre-paid plans. It's exactly what it sounds like. It's a plan put in place to pay for your funeral when you die. This is often paid through monthly installments, though a flat fee is offered if you wish to pay in one lump sum. These plans are often discussed alongside life insurance policies; some policies do include funeral plans, though most just pay a lump sum. The discussion around which is better is a tough one and it usually depends on your own personal circumstances.
Pros of a pre-paid funeral plan
- It freezes the cost of your funeral. This is probably the most appealing aspect of a funeral plan. Funeral costs are always on the rise with inflation and the price of a funeral has almost doubled in the space of only 10 years (Source: SunLife)
- The plans offer multiple payment options over long periods often up to 10 years, allowing for easier payment and less panic over funds.
- It takes the weight off of your loved ones. A funeral of a loved one will always be one of the most difficult days you'll face so taking some of the pressure off and organising the funeral yourself is appealing.
- It allows you to make the day what you want it to be, removing that stress of whether it's what you wanted.
Cons of a pre-paid funeral plan
- The plan may not cover all costs. Most plans don't include a burial plot or the cost of additional items such as flowers. If they do include them, these are often more expensive.
- While these plans offer different payment options, you need to be sure you can afford the payments. If you are going to be struggling financially, a funeral plan may not be for you.
- A funeral plan means that the payout is limited to your funeral. It's nice to cover a big expense but it also means that your family will not receive any money unless you also take up a life insurance policy. It's always worth looking at what you want for your family and whether a funeral plan suits you.
- A funeral plan means you have to face your mortality. This can be a good thing in terms of acceptance but it can also be too much for some people so it's always best to talk about it with your family first so it's not such a huge weight when you are discussing the funeral.
So there are just some of the prepaid funeral plans pros and cons. There are other pros and cons out there and as always, it is down to your own personal circumstances. It is always best to not feel forced into something and have a good understanding of what you are getting involved with before talking about plans.
Thomas Furber & Co. are family-owned funeral directors in the heart of Birmingham. Situated in the district of Harborne, they have been providing first-class funeral care since 1868. They are members of SAIF, the national organisation of Independent Funeral Directors. This means you are guaranteed the highest standards of professionalism in the funeral industry which is so important when dealing with such a sensitive topic. They are not attached to a national chain, meaning they can offer a more personal service, and you are given more freedom in your decision. Learn more through their website: https://www.thomasfurber.co.uk/
Media Contact
Thomas Furber
0121 427 2233
122 Station Road, Harborne, Birmingham
https://www.thomasfurber.co.uk
Source :Thomas Furber & Co
This article was originally published by IssueWire. Read the original article here.
More News
3 kids, 85-year-old woman die in Isabela blast
ROXAS, Isabela — Three children, including an eight-year-old boy, and an 85-year-old woman died, while two other minors were wounded when an unidentified explosive device went off in Sitio Raniag, Barangay Sinamar, Roxas, Isabela, at around 9 a.m. on Sunday, Oct. 4, police said. The two other minors, all residents of the village, were brought
DENR ramps up measures to prepare communities for El Niño
MANILA, Philippines – The Department of Environment and Natural Resources (DENR) has mobilized its regional offices, line bureaus and field units to strengthen nationwide preparedness and mitigation measures against the ongoing El Niño, as DOST-PAGASA warns that this climate pattern may intensify into a very strong event before the end of 2026 and persist through
Two men hacked during drinking spree in Bukidnon
DON CARLOS, Bukidnon — Two men sustained shoulder injuries after being hacked by an intoxicated neighbor in Purok 5, Barangay Mahayahay, late Saturday night. According to the Don Carlos Municipal Police Station (MPS), led by Maj. Al-Nico Haman, the incident occurred at around 11:45 p.m. while the victims were having a drinking session with family
Angara welcomes P1.95B budget boost for classrooms, ARAL, school safety
MANILA, PHILIPPINES – Education Secretary Sonny Angara welcomed the approval by a House of Representatives panel of P1.952 billion in budget additions for the Department of Education (DepEd) under the proposed Fiscal Year 2027 national budget. The Budget Amendments Review Subcommittee (BARSc) of the House Committee on Appropriations, chaired by Nueva Ecija 1st District Rep.
Ejercito wants to double social pension for indigent seniors to P2,000
MANILA, Philippines – Senator JV Ejercito has submitted a proposed measure seeking to double the current monthly social stipend for indigent senior citizens from P1,000 to P2,000, providing greater financial relief for elderly Filipinos amid rising costs. Ejercito’s Senate Bill No. 2522 aims to amend Republic Act No. 11916, which sets the monthly social pension
AFP says Chinese J-16 fighter flew too close to PH aircraft over Bajo de Masinloc
An AFP aircraft encountered two Chinese military aircraft during a routine patrol over Bajo de Masinloc, with at least one of the Chinese planes flying too close in an "unsafe" manner.
LTFRB revokes 2 TNCs’ authority to operate due to violations
MANILA, Philippines — The Land Transportation Franchising and Regulatory Board (LTFRB) on Sunday said it revoked the authority to operate and the renewal of application of two transport network companies (TNCs) over failure to meet certain requirements. According to the LTFRB, the Leggo Information Technology and Aztech Solutions International Corp. were not able to abide
Walang pasok: In-person classes suspended Oct. 5 for Nat’l Teachers’ Day
Updated at 10:18 P.M. ERRATUM: An earlier version of this report incorrectly stated that classes at all levels in public and private schools in Angeles City, Pampanga, were suspended. This information was incorrect. The report has been corrected to reflect the accurate information. MANILA, Philippines — Face-to-face classes are suspended in several areas on Monday,
3 nabbed in Iligan City drug operations
ILIGAN CITY — Three drug suspects were arrested in separate buy-bust operations here that resulted in the confiscation of a combined 7.85 grams of suspected shabu valued at P53,380, police said. The first operation was conducted at about 7 p.m. on Friday in Purok 6, Barangay Saray, resulting in the arrest of alias “Opaw,” 39,
Oil price hike enough to suspend gasoline, diesel excise tax – Gatchalian
MANILA, Philippines – Senate President Sherwin Gatchalian urged economic managers to suspend, even temporarily, the excise tax on gasoline and diesel amid the continuous increase in petroleum products. “The economic managers should reconsider suspending the excise tax on gasoline and diesel, even if only temporarily, because oil prices have reached over $80 a barrel again
Clustered Hepatitis A cases hit several Valencia City barangays
VALENCIA CITY, Bukidnon — City health officials here have sounded the alarm over a clustering of Hepatitis A cases allegedly linked to local barangay water systems, with six patients currently reported hospitalized. Cipriano Pat, City Health Disease Surveillance Officer who conducted an on-the-ground investigation, told the Inquirer on Friday that male patients aged 17 to
Senior citizen nabbed in Mabalacat City drug sting
MABALACAT CITY, Pampanga—A buy-bust operation resulted in the arrest of a 60-year-old man for allegedly selling illegal drugs in Barangay Sapang Biabas here on Saturday. In a statement, the Philippine Drug Enforcement Agency Region 3 (PDEA 3) said the operation wad carried out at 4:20 p.m. that also resulted in the confiscation of an estimated
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.