It’s boom time for Undertakers as prices rise but you can save thousands if you plan ahead!
The good news is that people are living longer but the bad news is that the population is ageing rapidly. Roughly one person dies every minute in the UK and that’s great news for Funeral Directors.
The increasing demand for funerals is driving the price of dying up very rapidly – in fact in as little as fifteen years it is expected that a simple funeral could cost as much as £12,000.
The death industry in the UK is worth more than £2bn and employs over 20,000 people. It’s very, very profitable and has the advantage that profits rise irrespective of what the stock market is doing.
Funeral Directors also have a captive market as often the bereaved do not shop around – it is so very unseemly to haggle over the cost of a coffin or the price of the flowers.
Their customers have little time to seek alternative providers and are often too distressed and too inexperienced compare prices and services from different undertakers at such a difficult time.
This leads to opaque pricing and sometimes to emotional ‘up selling’ – more expensive coffins, embalming and other unnecessary services.
It is no wonder that so many people are shocked when they finally get the Funeral Director’s bill for their loved one’s funeral.
There are other, better ways to deal with a funeral than leaving all of the hard work to friends or relatives and leaving them with more expense than necessary.
Whilst very few people choose when to die an increasing number are choosing what happens afterwards and taking that burden away from the bereaved.
More and more people are using Funeral Plans to prepare for the future. The key benefits of a Funeral Plan are that it allows someone to
- Lift the significant burden of planning a funeral from their loved ones
- Have their last wishes delivered exactly as they require – a comfort for family and friends.
- Fix the price of their funeral at today’s level – a very significant saving over time.
As stated earlier costs of a funeral in fifteen years could be as much as £12,000. The good news is that today’s cost for that same funeral is around £3,600 and it’s possible to fix that price until you die using a funeral plan.
There are a number of reputable providers of Funeral Plans and prices and services covered vary between all of them – why not complete this simple form and receive a quotation within seconds?
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