23 / 06 / 21

What does a prepaid funeral plan company do for you?

Whilst arranging your own funeral may seem a little daunting, enlisting the help of a prepaid funeral plan company helps to simplify the process and ease the burden from yourself and your loved ones.

Of course, taking out a prepaid funeral plan has many advantages over other forms of funeral cover, but we believe that this should extend far beyond the plan itself, to the level of service provided by the company.

As a funeral plan provider with our customers’ best interests at heart, Prosperous Life goes above and beyond to ensure that we provide the highest level of customer support, guidance and advice to those looking to take out a prepaid plan, whilst also ensuring that we offer the best value for money plans.

So, what does a prepaid funeral plan company do for you?

Protects your money

One of the main benefits of taking out a prepaid funeral plan is having the knowledge that you’ve covered the cost of the Funeral Director’s services, without having to worry about savings. When working with a reputable prepaid funeral plan company, you have the reassurance that your hard earned cash is looked after, and will be available when the time comes.

As one of the UK’s leading funeral plan providers, Prosperous Life provides every customer with the peace of mind that their money is held safely and securely. All funds are completely safeguarded and held in the Great British Funeral Trust, ready for prompt payments to be made directly to your allocated Funeral Director.

We know how important it is for our customers to receive this financial security, which is why we are supporting the Financial Conduct Authority on their upcoming regulations of the funeral plan industry. By actively demonstrating how we meet the FCA’s regulatory standards, we can offer customers complete reassurance that their plan is 100% financially secure.

protecting money

Provides funerals at the best prices

It’s no secret that arranging a funeral is expensive, and prices are continuing to increase as the years go on. Between 2010 and 2020, the average cost of a funeral increased by over 54%. In 2010 the average cost of a funeral was was just £2,857, by 2024 it is predicted that costs will have increased to over £5,200*. *The SunLife Cost of Dying Report 2020.

Prepaid funeral plan companies offer the opportunity to lock in your funeral directors services at today’s prices. This means that when you take out your plan, should funeral prices continue to increase with inflation, you’ll be protected against this rise in fees over the coming years. Without working with a prepaid funeral plan company, you won’t have this advantage.

Respects your wishes

By taking out a prepaid funeral plan, you’re one step ahead of the game in being able to make your arrangements in advance. Aside from the financial benefits, this is one of the main reasons that draws many people towards taking out a plan.

Planning your own funeral is the smartest way to communicate what you want from the service and arrangements, and your funeral plan company are the ones who ensure that all of your wishes are taken care of.

Prosperous Life are here to listen to your wishes and requirements, and make sure that all of the finer details are documented in your plan.

friends smiling

Liaises with Funeral Directors

Funeral plan companies take on the responsibility of communicating directly with your allocated funeral director, so that yourself and your loved ones don’t have to.

There are many different layers to arranging a funeral, and it’s our job to make this process as easy as possible for each and every one of our customers. We work closely with your allocated funeral director to ensure that your funeral service goes ahead as you wanted with all of your wishes fulfilled, to save your loved ones the emotional distress at what is already a very difficult time.

Prosperous Life works with a network of reputable Funeral Directors, who we entrust to take care of all funeral arrangements and support our customers and their loved ones.

Answers your questions

If you’re looking into a new service it’s only natural that your research generates some questions, and it’s our responsibility to ensure that you have all of the information you need to make an informed decision. We have carefully compiled a thorough FAQ page on our website, with detailed answers to all of the common questions we receive.

Upon taking out a prepaid funeral plan with us, every customer receives a handy welcome pack with information resources to help you manage your plan. You receive a dedicated number that you can call for support, and we are always around to help with any questions you may have.

We understand that even though a prepaid funeral plan has been taken out, the journey doesn’t stop there, and there will often be times when queries arise or changes need to be made to an existing plan. That’s why we place a lot of emphasis on ongoing support, and you can read on for more information on how we help long term.

questions about prepaid funeral plans

Offers guidance & support to your family

Prepaid funeral plans provide strong support for your family by making your wishes clear to them. This can help with the bereavement process by giving them the time and space to grieve, rather than organise your funeral at the last minute, with no clear direction on what you would have wanted.

We are here to support your family with the next steps, be it financial with regards to your estate, or liaising with your funeral director of choice. Everything is carried out as defined by you in your documentation, saving your family the hardship and allowing them to grieve.

It is often the case that a family will take out a prepaid funeral plan for a relative, and this is something that we welcome and can support. If you wish to contribute to the funeral together as a family, then a prepaid funeral plan will allow you to organise the financial side of things ahead of time. This is a most welcome feeling of security at a time of such sadness.

Our dedicated funeral plan managers are easily contactable via phone or email, should you ever wish to get in touch. We go above and beyond to offer valuable, ongoing support to each and every one of our customers.

Further reading and advice on funeral planning

Read all
grief support

How to deal with grief – Advice from Prosperous Life

Read more

tips for slowing down the ageing process

Growing old gracefully – Tips for slowing down the ageing process

Read more

david downie prosperous life

Q&A with David Downie

Read more

friends smiling

What does a prepaid funeral plan company do for you?

Read more

money

Basic funeral plans vs. Premium funeral plans explained

Read more

money management finances

Welcoming the benefits of new FCA regulation

Read more

buying a funeral plan for your grandparent

Can you buy a funeral plan for someone else?

Read more

saving money for old age

Financial planning for old age: 5 Prosperous Tips

Read more

cleaning with distilled vinegar in spray bottle

6 cleaning hacks to make life easier!

Read more

family watching sunset

How ‘funeral poverty’ is impacting families, in Funeral Service Times

Read more