Ways to pay for a funeral
When someone has died and it comes to funding the funeral, the first thing to establish is whether the deceased had a funeral plan in place. This will help establish funeral wishes and provide funding. Alternatively, there may be an Over 50s plan in place which would pay-out on death.
If there is no funeral plan, the next thing to establish is whether the deceased had put aside funds to cover their funeral. Most banks or building societies will agree to release money to an Executor or Administrator for the funeral. If this is not an option, but the deceased has assets, funeral costs are usually paid first from a person’s estate.
If no plans have been put in place and it's clear that it will be a struggle to pay for your loved one's funeral, don't be tempted to borrow or go into debt. Think of how the person you've lost would feel knowing that's what had to happen.
Speak to other family members and close friends and try to arrange some form of collection for those who want to contribute towards the funeral costs; then the burden won't all be on you. Far from finding that people are offended by your asking for financial contributions, you may find that they welcome the opportunity to chip in and are grateful that you approached them.
If no one else is able to help you financially when you can't afford to pay for a love one's funeral yourself, research the charity options. Some not-for-profit organisations offer financial grants or support to those struggling with funeral costs.
You could get a funeral payment if you’re on a low income – this depends on your circumstances and if you qualify. More information is available at https://www.gov.uk/funeral-payments/overview
As a last resort, if no one is willing or able to fund the funeral or there aren’t enough funds in the estate, the council will arrange a public welfare funeral. This will be a very basic, no-frills affair.
It can be expensive to plan a funeral for a deceased loved one, so it is a good idea to pre-plan your funeral or at least make provision for the costs so that your loved ones aren’t left picking up the bill. The easiest way to do so is to start putting some money aside sooner rather than later.
We provide pre-arranged funeral plans, where you pre-pay and pre-arrange for your services and select your funeral director in advance. The funeral plan funds are held in whole of life policies, which are then paid directly to the funeral director when you pass away.
Pre-paid funeral plans are available to pay in one lump sum or through regular monthly payments, which is hugely beneficial as it allows you to plan and pay over an extended period of time. When you pass away this forward planning can really help reduce the financial and emotional worry for your loved ones, especially at such a difficult time.