How much money should you deposit?
It’s up to you to make sure there will be enough money in your account. But what’s enough?
Here are some guide prices. The cost of a mid-range funeral provided by a funeral director in 2016 is around £3,700.00. A much simpler funeral costs around £2,500. Direct cremation costs £1300-£1900. Burial is normally, but not always, more expensive than cremation, and figures vary in different parts of the country, so it is very hard to give a guide price.
It may be very difficult for you, emotionally, to sit down and plan exactly how you want your funeral to be and then get quotes from funeral directors. If you don’t feel like doing all that just now, or if you wish to let your personal representative or your family make arrangements when the time comes, all you have to do now is give us some very basic information on your application form and either pay a lump sum into your fund, using the figures above for guidance, or save towards that sum in your own time.
If you want to plan your own funeral, we suggest that you make sure that your personal representative or family are aware and onside. When you have mapped out what you’d like -- the Good Funeral Guide website will help you every step of the way -- ask your local funeral directors to quote. This will give you an exact figure. It will also enable you to get to know your local funeral directors – no bad thing – and state a preference. If you would prefer to research funeral directors’ prices online then we suggest that you use www.yourfuneralchoice.com.
You may need to top up your fund from time to time. You can check your plan account online any time you want to see how much it has grown. You can then decide if you want to add more money or just leave it to carry on growing. You can also make changes to your recorded funeral wishes. If ever you are unsure of what to do just get in touch and we will happily help you. We are only a phone call away.
Hard work? Compared with any other commercial transaction? No, not really. This is funeral planning for the self-reliant. And remember: the Good Funeral Guide Plan makes your money go further than anyone else.