I've been told the pre-payment plans are a take-on. You pay more out than the actual do costs. I pay a tenner a month into an over 50 plan, and the payout will more than cover a do and a fair amount of beer, and I would have to live to over 80 odd to go into a loss situation (which is unlikely hic!)
Average funeral is now approaching £4000
Do you get a free pen just for enquiring?
These are over 50 cover plans which are suspect financial investments sold on the back of funeral costs. Pre payment Funeral plans are very different...I've been told the pre-payment plans are a take-on. You pay more out than the actual do costs. I pay a tenner a month into an over 50 plan, and the payout will more than cover a do and a fair amount of beer, and I would have to live to over 80 odd to go into a loss situation (which is unlikely hic!)