Last Updated: 15th March 2022
When you pay for your funeral in advance there a choice of payment methods of how to pay.
This guide provides an overview about how each payment method works.
When you pay for your funeral in 1 payment, payment can be made by credit or debit card; you can also arrange a one off direct debit payment if you wish when you purchase your funeral in advance from Plan with Grace.
There are no additional charges for paying by credit or debit card – Visa and MasterCard are accepted. The majority of funeral plan companies do not accept American Express.
Should you cancel within the cooling off period you will receive a full refund, should you cancel outside the cooling off period you are entitled to your money back less a cancellation or administration fee.
The funeral plan companies compared provide a 12 monthly instalment option that does not incur any charges, this means that the total amount payable is the same as the total plan price.
The monthly payments are payable by direct debit, credit card or debit card. A monthly date will be agreed for the monthly payment to be debited. When you purchase a funeral plan from Plan with Grace the monthly payment date can ne on any day between 1st and 28th.
Should you cancel within the cooling off period you will receive a full refund, should you cancel outside the cooling off period you are entitled to your money back less a cancellation or administration fee.
The funeral plan companies listed on this site that provide a pay if full option also provide a monthly instalment option over a given term.
The maximum term available varies by provider and when you purchase a funeral plan from Plan with Grace the maximum payment term is 10 years, providing the plan is paid in full by your 80 Birthday; this means that if you are 75 yeas old, for example, the maximum payment term would be 4 years.
When you pay over a fixed term you can pay an upfront deposit payment which will reduce the monthly payment amounts. You can also pay off lump sums at any time, during the payment term, to either reduce the term or the monthly payment terms or a combination of the two.
When you pay for a funeral plan over more that 2 years the funeral plan provider will apply an instalment charge the instalment charge varies by funeral plan provider. Plan with Grace charge an instalment charge of 6.5%. This means that the total amount payable will be higher than the funeral plan price because of the additional instalment charges.
Important: If your funeral plan is required before you have finished paying for it your family/estate/next of kin will be required to pay the balance before the funeral plan to be provided if the number of consecutive monthly payments made is less than 24. When you purchase your funeral plan from Plan with Grace you benefit from the ‘Plan with Grace Promise’ which means if you die after the first 24 months of your plan, but before all your instalments have been paid, Plan with Grace will still deliver all the services provided in your plan, with no more for your family to pay.
Alternatively your estate can be refunded the amount paid into the funeral plan less the administration fee.
“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”
Free Will Service when you setup a Plan with Grace funeral plan
Funeral Plan Market Limited, registered in England No. 10717084
Registered Office: Brewery House, 4 Castle Street, Buckingham, MK18 1BS.
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