Not surprisingly, people tend to put off funeral planning for as long as they possibly can. But the fact of the matter is that the sooner you do start planning, the more you could save in the long run. That’s because funeral costs have been rising and by 2026 the average is projected to be £5,757†.
Why a funeral plan could be a smart financial decision
The thought of our own funeral can sit a little uneasy with some people, but those who take a moment to consider the financial implications on loved ones in later years are reaping the financial rewards. Why? Because funeral costs have been rising.
Funeral costs have been rising
The average cost of a funeral has increased from £2,971 in 2011 to £4,045 in 2018*. If funeral costs continue to rise at the current rate of 4.51% by 2026 they'll reach more than £5,757†.
How to stop your funeral costs from rising
More and more people are choosing to take care of funeral costs years ahead, to stop their loved ones being hit by a large and unexpected funeral bill.
When you buy a Prepaid Funeral Plan from The Nottingham, provided by our partner Dignity, you're effectively freezing the cost of the services included in your chosen plan at today's prices. So, no matter how far into the future your funeral takes place, or however much funeral costs may rise, once paid there will be nothing further to pay for the services in the plan.
Why choose a Prepaid Funeral Plan from Dignity?
The Nottingham has partnered with Dignity, one of the UK's leading providers of funeral plans, because of their professional and trusted reputation in providing funeral services.
In 1985, Dignity launched the first funeral plan in the UK. Since then, more than 910,000 people have already made provision for their funerals with the help of Dignity††. This experience really has given them a unique understanding of customers’ needs and has enabled them to create one of the most financially secure funeral plans available in the UK today.
- Dignity has a network of over 1,200 owned or approved funeral directors throughout the UK, many of whom have been serving their local communities for generations
- With Dignity your money is in safe hands. The money you pay for your plan is paid into the National Funeral Trust – an independent Trust Fund
- Dignity's Funeral Directors provide excellent service. In their latest customer survey, 98.9%†† of families surveyed said that Dignity met or exceeded their expectations.
A Prepaid Funeral Plan brings:
- Peace of mind that once paid for there will be nothing further to pay for the services included in the plan
- Reassurance that these funeral costs are fixed at today's prices
- Confidence that your personal wishes have been incorporated
- Comfort that your arrangements will be in the hands of an experienced and trusted Funeral Director.
*2011-2018: Matter Communications independent research
† 2026: Forecast based on average annual compounded growth rate of 4.51% each year between 2011 and 2018
†† Dignity plc Annual Reports & Accounts 2018
FREE National Trust gift card worth £120 for qualifying members
When you buy a Prepaid Funeral Plan from The Nottingham, provided by our partner Dignity, we’ll help you plan and pay for the services in your funeral plan at today’s prices. You will have the comfort of knowing your wishes are documented so loved ones won’t have to guess what sort of send off you wanted.
When qualifying members purchase a plan between 29th July 2019 and 28th October 2019 not only can you achieve peace of mind but you also get a FREE National Trust e-gift card worth £120**.
You can use your e-gift card to enjoy days out, put it towards cosy cottage holidays, cream teas and shopping trips or you can use it to discover over 500 special National Trust locations with an annual membership.
**The £120 National Trust e-gift card reward is only available to qualifying members taking out a new Dignity Pre Paid Funeral Plan from 29th July 2019 to 28th October 2019 inclusive. A qualifying building society member is someone aged over 18 and resident in the UK or ROI who has a savings balance of at least £500 and in addition: - Has held a savings account with us for at least 12 months OR – Currently has a Nottingham Building Society mortgage. Qualifying Members will receive an email in order to claim their complimentary National Trust e-gift card as long as the plan remains in force 90 days after the plan start date. The email will contain a URL and a unique code for the qualifying member to validate their claim. Qualifying members will have 60 days to visit the site and enter their unique code. Within 3 working days of registering a further email will be received containing a URL and unique code to claim their e-gift card. Qualifying members will have 14 days to visit the site and enter their code and register their details.
Once submitted, customers will receive an e-gift card via email. You can read the full terms and conditions for member qualification and for this promotion here.
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