How do pre-paid funeral plans work?
There are many different types of plan available, allowing you to pay for all of the funeral or a significant proportion of the costs. The plans are available through funeral directors, specific funeral plan companies and insurance companies.
You can pay for your plan either as a one-off payment, or by monthly instalments over a certain time period. Paying by instalments is usually a more expensive way of paying, but this can be helpful if you cannot afford to pay all at once.
If the plan is an insurance policy the monthly payments may last until your death, and there may be age or health restrictions that state who is eligible to take out a plan.Information supplied by the Bereavement Advice Centre