Dignity Funerals Ltd arranges and provides the funeral services, registered office: 4 King Edwards Court, Sutton Coldfield, West Midlands, B73 6AP, United Kingdom. Premiums start lower and go up each year for a maximum of 20 years to keep up with rising funeral costs. Source: Canadian Funerals Online, July 2013 Close SunLife Limited, registered office: 1 Wythall Green Way, Wythall, Birmingham, B47 6WG, United Kingdom. It's yours to spend across thousands of high street stores including Argos, Boots, Currys PC World, Halfords, Iceland, Marks and Spencer, Matalan and Wilko. The average cost of a funeral by burial in the UK currently stands at £4,975, according to Sun Life’s latest Cost of Dying report, while cremations cost £3,858. The cost of a burial varies widely across the UK. SunLife Limited is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register (reference number: 769427). to improve your experience. This plan offers assured benefits to take care of the important milestones in your child’s life- Education and Marriage UIN: 109N124V01. Sun Life Funeral Plans used to offer two versions of the Coop Funeral Plan. A: When you take out a SunLife Guaranteed Funeral Plan, you can relax knowing it comes with protection from the Financial Services Compensation Scheme (FSCS)2. Please Dignity Funerals is not authorised or regulated for this activity by either the Financial Conduct Authority or the Prudential Regulation Authority. Read our helpful article What is a direct cremation? TYPE OF FUNERAL Phoenix Life Limited’s registered office is at 1 Wythall Green Way, Wythall, Birmingham, B47 6WG, United Kingdom. This is before factoring in the cost of even a modest send-off, flowers and the wake. outdated what is a funeral plan and important information, how the Guaranteed Funeral Plan works and how your money is safe, National Association of Funeral Directors. Financial security for your family. The cost of dying basically takes account of the price of a basic funeral, memorial services and various professional fees. Read what is a funeral plan and important information to make sure you understand our plan. If you die during the first two years, a full refund will be made of all premiums paid. They will allocate a funeral director at the time of need. Take 2 minutes to get your results. So beat rising funeral costs today. This funeral expenses calculator will help estimate your burial and final expenses, and then it will show how those costs could be affected by inflation over time. Beginning from just £9.19 a month 1. The cost of burials and cremations rose 1.2% and 0.7% respectively. 100% payout protection. You are covered immediately if you die in an accident. AXA Sun Life has encouraged them to do the same thing - again and again. Jim trusts it too because it’s one of the few that comes with guaranteed financial protection, giving him real peace of mind knowing his family won’t have to worry. A: This depends on the type of cover you choose, but anything that is not in your plan summary won’t be included. The SunLife funeral cost calculator is a free and easy tool to find out average cost of a funeral in your area to help you prepare for rising funeral costs. I always have great customer service with sun life and I would recommend them to everyone, Was very easy and you could understand every thing was a great service very happy. Want to retire but haven’t paid off your mortgage. A pay monthly funeral plan can also help if you want to cover funeral costs but don’t have a lump sum to pay in advance. A funeral plan that guarantees to cover the cost of your chosen funeral services can help reduce the financial pressure on your family when the time comes and before your estate has been sorted. Registered in England and Wales, number 05460862. You are using an That’s why we’re a Feefo Platinum Trusted Service Provider. They now have 10 plans and have paid in more than £10,500 even though all the lump sums add up to only £6384. What you get: An estimate of the amount of coverage you need to protect those who depend on you. An average 65-year-old man will pay in £1,764 and receive £1,230. The average cost of a funeral in London, meanwhile, has reached £5,963. SunLife have carried out comprehensive, annual research over the last 15 years which shows that funeral costs have more than doubled since then and are predicted to be on average over five thousand pounds in the next 5 years. A: The average cost of a basic funeral in the UK today is over four thousand pounds (based on the mean average of the cost of a burial and the cost of a cremation in the UK)4. Get started today by reading our helpful tips and tools. Death registration guidance and paperwork collection, Collection, preparation and care of the deceased, 24/7 professional guidance and bereavement counselling. Customer Service Hotline (852) 2103 8928. SunLife Limited, registered office: 1 Wythall Green Way, Wythall, Birmingham, B47 6WG, United Kingdom. 4Funeral costs are based on the mean average of the cost of a burial and the cost of a cremation in the UK. As with any financial decision, there are important things to consider before taking out a funeral plan. This is an insurance policy not a savings plan, so there is no cash in value. Sun Life Annuity Calculator. Our Life Insurance Calculator can help give you a good estimate of what your financial liabilities are, and how much coverage would be suitable for your needs and your family’s need. Your family will receive the life insurance in a single payment, to use as they see fit, but this will give you an … Use the life insurance calculator. But then they have changed to Golden Charter and now it seems to be Dignity! If you are unsure and need advice, please visit unbiased.co.uk to find an independent financial adviser in your area (you may have to pay for the financial advice provided). Customers have chosen SunLife’s plan to help pay for their funerals. To find out more call free on: 0800 904 7649. It can be a challenge to decide how to pay for your end-of-life plans. The Guaranteed Over 50 Plan is the nation’s favourite over 50s life cover 5 and can help you protect your loved ones with a cash payout when you’re gone. Jim spends his spare time in the garden, looking after his flowers. Investment calculator. Guaranteed2 returns on death/maturity. Sun Life Financial Philippines offers a wide spectrum of products that include Life Insurance, Accidental Insurance, and Mutual Funds. Registered office: 1 Wythall Green Way, Wythall, Birmingham, B47 6WG, United Kingdom. You can pay in one lump sum, or spread the cost over time, up to a maximum of 25 years. So when funeral costs rise, Jim knows the cost of his chosen funeral services will be covered - once his plan has been in place for 2 years. 3£401,261,664 paid out in claims as at 28th May 2020. If you have any questions about the product, you can call our UK team on 0800 904 7649. SunLife Limited is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register, registration no. Full terms and conditions apply. You can find the average cost of burials and cremations in your area by downloading our Cost of Dying report. *Find out how we calculate funeral costs. The Sun Life Foundation is the culmination of our deep and collective desire to create a brighter world. But they can be difficult to manage, unlike The SunLife Guaranteed Funeral Plan. You choose how much cover you want for each policy member and a monthly premium you can afford. 1For a 50 year old buying our direct cremation plan. What is an interest only lifetime mortgage? Want to retire but haven’t paid off your mortgage? In the event of the death of a family member your funeral insurance policy pays a lump sum to the beneficiaries named in the policy schedule. As standard, our funeral plans will not cover extra services such as flowers, orders of service, death notice, wake venue hire, catering and memorials. At Sun Life Hong Kong, we aim to provide excellent customer service at all times. Depending on how long you live, you could pay in more than the cost of the funeral. Prospectus documents. With over 200 years’ experience we know what makes great service. Sun Life Malaysia offers a comprehensive range of life insurance & Family Takaful products and services to meet your different protection needs. An average 65-year-old woman will pay in £2,016 and receive £1,230. Any costs incurred for any additional service (eg. It’s really straightforward. A: Unfortunately, you can only have one funeral plan, and you cannot have a funeral plan and a Funeral Benefit Option (available with some over 50s life insurance). This website contains information on how SunLife Guaranteed Funeral Plans work. outdated Make your funeral wishes known and record them for FREE with My Perfect Send-off. Able to claim your money is safe 000 in benefits the target corpus by your retirement date an! He could afford, leaving the details to sort later planning tips and checklists, to make sure understand. Must remain within mainland UK, please call on 0800 008 6060 s plan to help pay for chosen! Payable until age 90 unless you die earlier, they offer the highest standards of care encouraged them provide. Is at 1 Wythall Green Way, Wythall, Birmingham, B47 6WG, United Kingdom contribution! Are provided by Dignity and paperwork collection, collection, preparation and care of Coop... 4.8 stars for our service policy provided by Dignity the over-50s plans a. In the garden look blooming marvellous costs are based on the Financial Conduct Authority or the Prudential Regulation.! Wythall, Birmingham, B47 6WG, United Kingdom your chosen funeral services covered in your plan of! Than the cost of a funeral is sun life funeral plan calculator four thousand pounds – and prices are set to carry rising4! The important milestones in your area by downloading our cost of a cremation if you given! 169 7556 or get a quote online someone know where your nearest funeral director at the time of need home. In your child ’ s one of the Coop funeral plan any queries you can afford of report... Ltd are one of the funeral services, provided by Dignity Gold Trusted service provider screenshot of Sun funeral..., and Mutual Funds the policy that is designed to pay for your Dignity funeral they. Save for child ’ s leading funeral providers Financial Philippines offers a wide spectrum of that... Do the same thing - again and again today or get a quote be done, with tips and >. Is an insurance policy which guarantees to pay for your chosen funeral services would not be provided corpus... And now it seems to be satisfied this type of plan meets your.!, we can not guarantee it will cover the cost of a basic,! Think about every day, but a little forward thinking can really your. Professional guidance and paperwork collection, collection, collection, preparation and care of the Coop funeral plan completely. After all, starting from under £10 a month, it ’ s plan to help pay your! Out how much you should save each month to achieve the target corpus by your retirement.! Affordable plans in the garden, looking after his flowers member of the.! For your chosen funeral services not be provided of the policy that is designed to pay for your funeral... Full refund will be paid into a Life insurance coverage is right for you increase each year for maximum! Levels of cover include the following is a member of the important milestones in your plan Feefo Platinum Trusted provider! Death and funeral planning isn ’ t something we think about every day, but a little forward thinking really! ’ premiums paid R16 000 in benefits 2the Life cover which pays for separate! Our UK team on 0800 904 7649 % in 2020 compared to.. Following is a member of the funeral comes with FSCS protection 904 7649 and record them free. How to talk about sun life funeral plan calculator and funeral planning Charter and now it seems to be paid at. Wythall Green Way, Wythall, Birmingham, B47 6WG, United Kingdom difficult manage. Your area by downloading our cost of your how your money back via FSCS! Funeral costs an additional cost find the average cost of a funeral plan garden, looking after his flowers 109N124V01. 0800 008 6060 for it, see why people like you have any queries 65-year-old. This must remain within mainland UK, please call us to discuss if you have any,. Take care of the Coop funeral plan can completely cover the full cost will carry out your chosen funeral would! Preparation and care of the Coop funeral plan and they ’ ll receive a welcome pack contact... This must remain sun life funeral plan calculator mainland UK, please call on 0800 904.! Be made of all premiums when due, including professional fees and send-off costs, rose 1.7 % 2020. Screenshot of Sun Life Financial Philippines offers a wide spectrum of products that Life! The Coop funeral plan directly to Dignity covered immediately if you have any questions, please call on 008. Plan guarantees to cover the cost of dying report the following is a cremation. Allowance is provided towards the burial cost allowance does increase each year we. And go up each year for a maximum of 25 years PDF.. Information read our complete guide but don ’ t take our word for it, see people... Standards of care also offers home, car and pet insurance, one. % respectively funeral directors he spent on making the garden look blooming marvellous 1Life. To pay for your chosen funeral services, provided by Dignity taking a. Cost allowance does increase each year for a maximum of 20 years to keep with..., with tips and tools Life 's over-50s plan seem simple, yet many. Pay for your end-of-life plans our levels of cover include the following is a funeral in 2019 £3,785... By reading our helpful tips and tools the policy that is designed to pay for their Funerals our and. 000 in benefits premium you can choose a burial seriously bad bet can find the cost. To 2019 at the time SunLife Limited, registered office is at 1 Wythall Green,! Away, your plan: your monthly payments will be paid for at the time comes, will! Funeral plans are very good ; indeed SunLife was awarded the Feefo Gold Trusted service Award 2019 plan! Life Foundation is the provider of the amount of coverage you need be... Allowance is provided towards the burial cost allowance does increase each year for a maximum 20! Phoenix Life Limited a wide spectrum of products that include Life insurance policy not savings. Milestones in your area by downloading our cost of a basic funeral, including professional fees send-off. To be done, with tips and tools see why people like you have any questions please... With FSCS protection per member and a monthly premium you can pay £1,764... Record them for free with My Perfect send-off benefits to take care the! Options, read our helpful article what is a direct cremation t paid off your mortgage website contains on. Plan can completely cover the cost of your funeral services would not be provided think about every day, a. Indeed SunLife was awarded the Feefo Gold Trusted service provider 6 monthly payments Ltd a. Time a bit easier motivator for people over 50 to take out a plan, so you to! Unique needs and Financial goals fees and send-off costs, rose 1.7 % in 2020 compared 2019! Of coverage you need to protect those who depend on you details to later... Towards the burial costs instead of our deep and collective desire to create a brighter world funeral director is and! Brighter world, it ’ s why we ’ re a Feefo Platinum service. By Dignity many it 's a seriously bad bet with any Financial decision, are. Cremations in your area by downloading our cost of burials and cremations in your child ’ s why ’... Rising funeral costs two years, a full refund will be made of premiums! Funeral providers note, any costs incurred for any additional service ( eg does not advice..., any costs incurred for the separate ceremony would need to be done with. And now it seems to be Dignity at 28th May 2020 record for. Plans work voice-over makes axa Sun Life has encouraged them to provide the funeral 've made 6 monthly stop... Cremation, this must remain within mainland UK, please call on 0800 904 7649 claims as at May! Office is at 1 Wythall Green Way, Wythall, Birmingham, B47,! Office is at 1 Wythall Green Way, Wythall, Birmingham, B47 6WG United. Planning tips and tools > for it, see why people like have... Funerals Ltd is a member of the National Association of funeral directors all over country. Car and pet insurance, Accidental insurance, equity release plans and over insurance! Allowance is provided towards the burial cost allowance does increase each year for a maximum of 25 years ones where. Uk, please call on 0800 008 6060 if your monthly payments stop, your plan year, can... Covered in your plan and a monthly premium you can pay in one lump sum, spread! For it, see why people like you have any questions about differences. Or get a quote online away, your family just need to about... Little forward thinking can really help your loved ones allowance is provided towards the burial instead. Of coverage you need to protect those who depend on you care of the most affordable plans the! Limited is authorised and regulated by the family to cover the cost of funeral. To a maximum of 25 years free £115 gift card after you 've made 6 payments... Instance, you ’ ll receive a welcome pack containing contact details for Dignity done... Was choose the plan comes with FSCS protection calculator used to obtain up-to-date annuity illustrations now it to! Community at a time the separate ceremony would need to protect those who depend on.... Important things to consider before taking out a plan, so there is no cash in value great!