Are funeral plans safe?

Do you need to plan your funeral?
8th January 2020
How to plan for your own funeral?
13th January 2020
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There is been a growing consciousness among a large population in UK to explore the plans for their own funeral. This arises from the need to avoid the financial burden and stress to the family members after the demise of the person. Confusion about who to contact and what to do can cause unnecessary burden and stress on family members at a difficult time. Also, there has been a significant rise in costs for funeral services and ceremony and this trend is likely to continue in the future. Therefore, many people are purchasing prepaid funeral plans to ensure that the funeral service is carried out as per the wishes and within the budget. However, one of the most important question that the purchasers contemplate is whether the funeral plans are safe and whether the prepaid amount will be utilised for the funeral services as agreed with the service provider. At Empathy UK Funeral Plans, we assure you of the highest level of professionalism and service delivery as agreed with the customers. We provide you with the peace of mind that your funeral will be carried out in line with your wishes.
We assure you that your funds are safe and fund payments are paid into the ‘Empathy UK Trust', a completely independent and secure Trust Fund set up to meet the requirements of Articles 50 and 60 of the Financial Services and Markets Act 2000.  The Trust is run by an independent Board of Trustees who manage the Trust’s funds on behalf of the Planholders to safeguard future payments. The Trustees are supported by key professionals including international fund managers and IFoA and FRC regulated actuaries. Therefore, you can be assured that the payment made towards the funeral service are protected and will be utilised as per the arrangement with you based on your selection of the prepaid funeral plan.