4 Things to Watch Out for When Buying a Funeral Plan
Two thirds of bereaved adults report feeling stressed about funeral costs, according to research from insurer MetLife.
One way to ease the burden on your family and friends is to pay for your funeral in advance by taking out a plan.
However, it's essential to understand how these plans work, as they don't cover everything.
- Get a firmer grip on your finances with expert tips.
- Understand how funeral plans work before buying one.
- Be aware of the costs and what is covered.
- Consider the wishes of your loved ones.
30% of those who felt stressed said it was because they were unsure whether they could afford the funeral, while 25% said they didn’t know whether a plan was in place outlining their loved one’s wishes.
Author's summary: Understand funeral plans before buying.