Pre-Paid Funeral Plans
Why choose a funeral plan by B. Hollowell & Son?
Our guaranteed funeral plan has the following practical benefits.
- We guarantee the selection of your choice at today's prices, regardless of when the funeral may be needed.
- You choose what kind of funeral you would like, instead of your family and friends having to guess. You can choose a set plan or we can tailor every detail exactly as you want it.
- Total security - your funeral payments are placed in the Funeral Planning Trust, with Capita Trust Company Limited as custodian trustee.
- The service is provided by B. Hollowell & Son, an independent funeral director with an established reputation. If you move home you can transfer your plan through a network of professional firms across the UK.
- Your relatives will be spared a financial burden, at what could be a difficult and distressing time for them.
- Your plan can be purchased with a once-only payment or by instalments - whichever suits you best.
- There is no age limit and there are no questions about your health.
- You can purchase a plan by post or you can sit down and discuss the details with us - whichever you choose. There are no "pressure sales" involved.
- Our money-back promise: if you are not happy with your plan you can have a full refund - no fuss!
What are the options?
There are three main options available to someone who wants
to provide now for the cost of a funeral in the future..
Option 1 -Savings or Investments
- You can
put your money in a savings account, or invest it,
against the day when it will be needed.
- This involves a risk:
the sum available at the time might be sufficient to pay for the
funeral (indeed if your investment is good there might be money
left over) but it might not be enough..
- Reports have shown that
funeral costs have risen faster than the official rate of inflation:
for example the cost of an average funeral increased by 25% in
only three years from 1990-1993.
- Very few savings can match that sort of increase (Source: Third Age International)..
Option 2 -A Whole-Life Insurance Policy
- Insurance
policies are sometimes advertised to cover funeral
costs, often offering low monthly payments and "free
gifts", but they have been heavily criticised
in the press.
- Most people are likely
to pay in far more over the years than the cost of the funeral.
- To calculate the true
cost you have to multiply the payment by your life expectancy in
months - the result can be staggering!
- Sometimes these policies do not even guarantee to keep pace with rising funeral costs, thus defeating the original purpose.
Option 3 -A Guaranteed Funeral Plan
- An increasing number
of people choose to pay for their funeral themselves now, rather
than set aside a sum of money or an insurance policy towards the
cost.
- With the savings or
insurance options your family will usually have to pay for the
funeral themselves then hope to get the money from your estate,
often months later.
- But, with a guaranteed
funeral plan the service has already been paid for - a much more
practical solution.
How do I Purchase a Plan?
Purchasing a plan is easy and does not require an interview, unless
you want one.
Decide which one of the popular plans suits you best or ask your funeral director to quote for your own personal wishes. If you need advice on this point please do not hesitate to contact B. Hollowell & Son.
Choose whether to pay by a single payment or by a series of payments. If you would like to discuss this, please contact B. Hollowell & Son or call Funeral Planning Services.
Funeral Planning Advice
If you have any questions, or would like to discuss any
aspect of the plan, please do not hesitate to call:
B.Hollowell & Son :Tel 01604
792222
Funeral
Planning Services : Tel 0800 413046
