|
Questions And Answers
Here are some of the questions you might want to ask, but please
contact us if there is anything else you
would like to know about the plan.
-
What if the cost of funerals increase?
Funerals, like everything else, are affected by inflation
and the cost of a funeral will almost certainly increase before
you need one. However once you have purchased a prepayment plan
the funeral specified will be provided for you when it
is needed, without any further charge to you or your family (but
please refer to the note on "disbursements" below).
This is one of the most important benefits and why it has become
so popular with our clients in recent years
- Does the plan include disbursements?
Each plan usually includes a contribution towards other expenses,
such as crematorium or cemetery fees, doctor's fees for a cremation
certificate and minister's or church fees-these fees are known
as "disbursements". This is intended to cover most if
not all of the usual disbursements, but please note that they
are outside of our control.and cannot be guaranteed. The amount
included for the disbursements will be stated on your funeral
plan certificate and will be increased annually in line with the
Retail Prices Index. You can include a larger (or smaller) contribution
towards disbursements if you wish - please ask if you need advice
on this point.
- How do I know the money will be safe?
All payments are made directly into Funeral Planning
Trust, a fund which exists specifically to provide for funeral
costs , with HSBC Trust Company (UK) Limited as Custodian Trustee.
The accounts of Funeral Planning Trust are monitored annually
bu independent actuaries and checked by independent auditors.
The payment for the funeral can only be withdrawn from Funeral
Planning Trust when the service has been provided or if the plan
is cancelled.
- Do you pay interest?
No. A guaranteed funeral plan is not an investment nor
savings account -it is simply a way of paying in advance for the
funeral service. As the value of the Funeral Planning Trust fund
increases over the years, so the money available to pay the funeral
director will increase to compensate for rising costs.
- Can I pay by instalments?
Yes, there are a range of options - please ask for details.
Payment by instalments usually costs more than a single payment
because of the extra administration involved, and if you die before
completing all of the instalments the funeral will only be part-paid.
- Is there an age limit ot health restriction?
No - You can purchase a plan at any age and in any state
of health, but please see the note on instalments.
- What if I die away from home?
We recommend that you take out travel insurance when
you go on holiday, especially if you travel abroad, which usually
covers beinging you back home if necessary. Alternatively we can
quote for the extra cost involved.
- What if I move home?
If you move Funeral Planning Services can transfer your
plans to a Funeral Director in that area. Funeral costs vary from
one area to another and you will be advised of any difference
in cost at that stage.
- Can I buy a plan for someone else?
Yes. Please mention this on your application - we will
need the name, address and year of birth of the person to be covered
but we will send all correspondence to you.
- What if I change my mind later?
If you change your mind within the first month of receiving
your plan documents you can return them for a full refund - with
no questions asked. If you cancel your plan at a later date, your
refund will be subject to an administration charge (please refer
to the terms of sale).
- How do I purchase a plan?
Purchasing a plan is easy - it only takes a few minutes
to deal with.
Click here to find how
how to purchase a plan »
"I am so glad it has all been settled. It really is a
weight off my mind"
|
