Research from leading insurer SunLife suggests that us Brits simply do not like talking about arranging or funding our funeral.
You may ask... why we even need to be discussing such an uncomfortable topic?
The answer... rising funeral costs!
In fact, the cost of a UK funeral has increased every single year since 2004. Back in 2004, the average cost of a funeral was £1,920. However, fast forward to last year, and the cost has risen to an alarming £4,271 !!
What's more, these costs are predicted to continue rising at a rapid rate!
The most common and cost-effective way in which to cover these costs is to take out a prepaid funeral plan. By doing this, you'll secure a fixed rate, unchangeable by inflating costs over the coming years.
The selfless investment ensures any financial burden is not passed on to your family and friends. The younger you are when arranging your cover, the cheaper it will be.
So why not seize the day, and get on with living your life. safe in the knowledge the future is taken care of.
We hope you found this article helpful!
Newlife Wills team.