Over 50s plans and Funeral Plans are two different options when it comes to putting money aside to pay for your funeral. Here is some information you may find helpful when deciding which plan is best for you:
A funeral plan fixes the cost of your funeral at the price you purchase the plan for at the time. A funeral plan guarantees to cover the cost of funeral when you die no matter how much a funeral costs when the time comes.
Information to note:
To compare funeral plans to find the best plan for you please Click Here.
Typically, an Over 50s insurance plan guarantees to pay out a fixed sum to the deceased’s family to contribute towards the payment of the funeral.
Information to note:
Funeral Plan Market provide a comparison service for funeral plans and NOT Over 50s insurance plans – for further information on an Over 50s insurance plan the provider will need to be contacted directly.
In addition to enabling customers to pay for their funeral plan in full or in instalments over 1 to 5 years Golden Leaves and Golden Charter also offer a fixed monthly payment option to customers. The fixed monthly payment options are similar to an Over 50s insurance plan in that the monthly payments are made for life or until the person is 90 however the cost to cover the funeral is guaranteed.
These policies have the same features and benefits as funeral plans and the plan holder is fully covered after 12 monthly payments in the case of Golden Leaves and 24 monthly payments in the case of Golden Charter.
When you take out a fixed monthly payment plan with Golden Leaves if the total Fixed Monthly Payments you have paid in at the time of death, total more than the sum provided to fund the funeral services from AXA Wealth Ltd, your estate will be eligible for a rebate of up to 100% of the overpaid Fixed Monthly Payments from Golden Leaves.
In the same way as an Over 50s insurance plan if you cancel after the cooling off period or stop paying your payments, your funeral plan will be cancelled and you won’t receive anything back.
This type of funeral plan can be useful to customers who are unable to pay for a funeral plan in full and require the peace of mind that their funeral will be paid for in full regardless of when they die. There are no claim forms for the plan holder’s family to complete and everything is taken care of as described for a funeral plan.
For further information on funeral plans with insurance provided by Golden Leaves and Golden Charter please Click Here.
“I have spent some considerable time going through the literature from Funeral Plan and found it to be very thorough in all aspects of what is a somewhat depressing subject (well, it would be its my funeral!) I know the funeral director and have the utmost faith in his ability to conduct the funeral in the best traditions of this sad time.”
“From the first phone call we were dealt with compassion and care. I cannot recommend them enough, the staff were so lovely and you get a designated contact who looks after you and is your point of contact. We used them for my mum , the crematorium was in beautiful grounds and the staff there were very good too”
“I was a little worried because I had never heard of them before but it was a caring and easy always there for me when I wanted them can very highly recommend thank you”
“From the initial phione call through to the aftercare, the staff at Funeral Plan Market were kind, friendly and we were trated with respect. Everything was handled by them and we were informed of developments at every stage.”
“The service and organisation of all the funeral arrangements were extremely good and conducted in a caring and sympathetic style. The Celebrant was particularly wonderful.”
“Having lost my daughter suddenly and unexpectedly I didn’t know what to do. we had discussed unattended cremation so I just looked online. I received an excellent and professional service nothing was too much trouble and I was kept informed”
We compare all regulated providers of funeral plans that provide national coverage. This way you can compare funeral plans on this website to make sure you are getting the right plan for you at the best price – plus we have exclusive prices that are only available through us which are the lowest priced plans available in the UK so you are guaranteed to get the lowest price plan. You will be pleased to know that these exclusive plans are also the most comprehensive – compare plans today when you click here.
Here at Funeral Plan Market we shop around for you to make sure you are getting the best price funeral plan available in the market. If you are arranging a funeral for someone who has passed away we guarantee to be 40% cheaper than the average national price.
It is important to us to provide the best service possible and our ethos is to be dignified, affordable and respectful. We are proud to be rates 4.8/5 on Feefo the independent review site - please read our reviews about our 5-star rated service.