The Ever Increasing Cost of Funerals
The rising cost of funerals is outstripping the rate of inflation each year, lamentably the essential fact for many families means that traditional budgeting for a funeral is often falling short to cover the cost. A report published by the Sun Life in 2013 highlighted that the average funeral cost in 1997 was £1,230 and the average cost today is +£4,000. The increase in cost is approximately 225%; estimates released by industry experts have predicted the cost to be somewhere between £7,000 and £8,000. As a partner with Safe Hands, we absolutely guarantee that however long you live and however expensive a funeral is when you pass away, there will always be sufficient funds in the trust to cover the director’s fees and services.