Savvy Brits are taking out funeral plans to prevent financial hardship on their loved ones.
- A sixth of Brits face serious financial difficulty covering funeral costs.
- Half will have to borrow money to cover funeral fees.
- Costs expected to rise substantially in the coming years.
- It's never been a better time to put a funeral plan in place.
- Costs less than you think.
Many people are unaware of the crippling rising cost of funerals and are leaving extra stress to their loved ones. A recent study, SunLife’s Cost of Dying report, showed over a sixth of Brits faced serious financial difficulty and half had to borrow money to cover funeral fees.
Graham Jones, director at SunLifeWhat these findings highlight more than ever is that funerals are costly, and anything we can do now to prepare will help our relatives when the time does come.
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