Funeral plans guarantee so much more than Over 50's policies
Putting money aside for your funeral makes good sense. Saving little and often makes it more affordable. Some people buy an Over 50's policy to help provide money towards their funeral. However, with this kind of policy, you may end up paying more in than is ever paid out. That's because the amount the policy provides at the end is fixed, but the longer you live, the more you pay in.
A funeral plan is a promise to deliver a funeral in the future. When you buy a funeral plan, you fix the cost of the services included in the plan, with no more for your loved ones to pay at the time of the funeral arrangement.
Unlike a funeral plan, there is no guarantee that the pay-out from an Over 50's policy will be enough to cover the cost of your funeral. You could end up leaving loved ones with an unexpected bill to pay.
What's more, many Over 50's policies don't include a note of your wishes or any help with the funeral arrangements, so your family would still have to manage this themselves.
Plan your funeral, your way
The Mail Finance Funeral Plan is the best way to take care of funeral costs and arrangements in advance.
Not only does the plan fix the costs of the services it covers, but you can also document your wishes, so your loved ones are spared the additional pressures of trying to arrange a send-off in the way you would have wanted it. You can document as much or as little as you want, and change your mind at any time for no additional cost*. Request your FREE guide today to find out more.