This week, Emily McLaren blogs for us about paying for a funeral and how crowdfunding could be a major innovation in funeral finance.
The SunLife ‘Cost of Dying’ report is out for 2014. Here are their findings:
Latest research reveals the total cost of dying in the UK has risen over 10% in the last year. The cost of dying now averages £8,427. This is seven times higher than the cost of living.
It can be helpful to take the burden off family by paying for a funeral – or the core costs – up front. Find out what a funeral plan covers.
The average funeral costs between £3-4,000. With legal bills, the cost of dying is around £7,000. Not surprising, 1 in 5 people struggles to meet the costs. The Sun Life Cost of Dying report (produced with Bath Uni’s Centre for Death and Society) paints a stark picture about the average cost of dying and looks at the growing issue […]
Thinking ahead about paying for your funeral or supporting another to plan theirs isn’t morbid. It’s practical. And paying up front is even better. It saves others worrying about money or squabbling over arrangements.
Find out the Top 10 things to do on Final Fling to plan ahead and stay in control at the end of life.