Last updated: 23 September 2021
But like all important tasks, putting things off can only lead to a hurried dash to the finish line, resulting in more hurdles than you'd like.
And these hurdles won't just trip you up, they will get in the way of your loved ones' finances and futures as well.
There's no avoiding it - a funeral is a costly event.
65% said in a recent survey that they have made provisions specifically to pay for their funeral - But only 66% of these people have put enough aside to cover the whole cost of their funeral*, likely leaving loved ones to pick up the short fall.
It will be hard enough for your family to cope with your death, imagine if they had to worry about money too, it would be devastating.
The average cost of a basic funeral is now at £4,184, which is the highest it's ever been. This is up from £4,115 in 2019. It is projected that the average cost of a basic funeral could reach £5,044 in five years time*.
A funeral plan can help protect you and your family from this.
Funerals are expensive, but this isn't new news. A big price tag doesn't mean that you need to arrange one within the next hour, right? Well, like we said before, procrastination is not always a good idea. These costs have been going up - The average cost of a basic funeral increased 1.7% since 2019 - and 128% since 2004*.
How can you avoid these ever-rising costs? By arranging a funeral plan.
By arranging your plan now, you can lock yourself in at today's price. This means that, even if you are decades away from the ceremony, you won't have to worry about the looming - and ever-increasing - costs for your family.
This all sounds nice, but what are the logistics?
Rather than dropping one large sum of money, you can pay a monthly fee. Some even cost as little as 45p a day**. And with these rates frozen in time from the moment you set up your plan, you shouldn't have to worry about any extra charges.
This money is slowly accumulated over time to cover your funeral costs.
And if you're at all worried that you won't be eligible - put those worries aside. As long as you're over the age of 50, acceptance is guaranteed.