How to afford a funeral

Topic Selected: Bereavement

General Article icon Type: General Article

According to the University of Bath’s Institute for Policy Research, the average cost of funeral and burial or cremation is now around £3,500.

This is a 7.1% rise since last year, and a massive 80% rise since 2004. The International Longevity Centre UK predicts that costs will continue their dramatic increase for at least the next five years.

However, there are ways to save.

This guide provides information on the costs to be aware of when planning a funeral, and what help is available to meet any monetary shortfalls.

 

Funeral costs: what to pay

Unlike other consumer choices, arranging and paying for a funeral doesn’t typically involve shopping around for the best price.

According to a Sun Life Direct Cost of Dying report, fewer than 10% of consumers go to more than one funeral director when planning a funeral.

Just as elsewhere, however, it pays to be aware of what costs are involved beforehand

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