Dorset Funeral Plan
The Dorset Funeral Plan is a pre-paid funeral plan which enables you to choose what kind of funeral you’d like instead of your family and friends having to guess. By paying now you can spare your relatives a financial burden at the time of your death. You can choose a set plan or we can create a bespoke plan to suit your individual priorities.
You pay today’s price, regardless of when the funeral may be needed and can opt to do so through a one-off payment or through regular installments. The payments are held in a guaranteed whole of life assurance policy with Ecclesiastical Planning Service which is part of the Ecclesiastical group .
Your funeral will be provided by one of our local, independent funeral directors, but if you move away you can transfer your plan through a network of professional firms across the UK.
There’s no age limit and we won’t ask any questions about your health. There’s flexibility to amend the plan if you change your mind later.
“Most of us, as we get older, expect to provide money to meet our funeral expenses. We’re not morbid. It’s to do with independence and responsibility. We want to leave everything in order for our relatives and friends. We don’t often talk about it – because there’s no need to – but the fact is that funerals cost money, and we want to take care of the cost.”
1. SAVING OR INVESTMENT.
Putting money in a savings account for your funeral involves some risk – if your investment is good there might be ample money in the fund but reports show the average funeral costs have risen faster than the rate of inflation. Between 1990 and 1993 the cost of an average funeral rose 25%. Very few savings can match that sort of increase (Source: Third Age International)
2. A WHOLE-LIFE INSURANCE POLICY
Some insurance policies do cover funeral costs but they have been heavily criticised in the press. To calculate the true cost you have to multiply the payment amount by your life expectancy in months – the results can be staggering. Sometimes these policies do not guarantee to pay for the funeral in the early years.
3. A FUNERAL PLAN
An increasing number of people now choose to pay for their funeral themselves in person before they die, rather than setting aside money or an insurance policy towards the cost. It prevents their families having to wait for money to be released by the estate and takes away some of the financial stress during their bereavement.
Included within the price of each plan is a contribution towards other expenses, such as crematorium or cemetery fees, doctors’ fees for a cremation certificate and minister’s or church fees – these fees are known as “disbursements”.
The amount included for disbursements will be increased annually in line with the Retail Price Index but please note that these costs are outside of our control and cannot be guaranteed. You can include a larger (or smaller) contribution to disbursements if you wish, and the plan price will be amended accordingly.