Prepaid Funeral Plan

Plan ahead for

Peace of mind

Funerals can be stressful and emotional to sort out – not to mention costly. And when you’ve lost a loved one, all you want to do is remember them, not organise. The Prepaid Funeral Plan through Dignity gives you the freedom to plan your own funeral now so that your family needn’t worry in the future.

4

plans to choose from

Fixed price

for each type of plan

From trusted funeral provider

Dignity

Personalise

your service

A Prepaid Funeral Plan can save time, money and stress when your family is at its most vulnerable. You’ll have the comfort of knowing that arrangements have been taken care of. The plan also safeguards against the rising cost of funerals. What you agree at today’s price is what you pay. There will be no added costs for the services in the plan for your family to worry about later. What a wonderful gift to leave your loved ones.

Dignity is a registered provider with the Funeral Planning Authority, the professional body that oversees the operation of registered funeral plan companies.

Christine, Sheffield

“I received the Convalescent grant so I could accompany my sister to the home so she could rest after an operation. Having this time away from home was a great benefit to us both as it meant we were able to completely relax and get away from it all, and my sister was able to get the rest she needed to recover.

Having this support from Foresters Friendly Society has meant that I have been able to use my savings to make the most of my time away. Both my sister and I are very grateful for this benefit which has helped us so much.”

Read More

Why choose the Prepaid Funeral Plan?

A Prepaid Funeral Plan lets you organise and pay for your funeral now to ease worry for your family in the future.

It’s available to anyone aged 50 or over, whose funeral will take place in mainland Great Britain, Northern Ireland, Jersey, Isle of Man or Isle of Wight. There are no health restrictions and no medical questions to answer.

Your money goes into the National Funeral Trust, where it’s carefully managed and protected.

Funeral prices are fixed at today’s rate for extra peace of mind, with no added costs for the services in the plan to worry about later.

There are four plans to choose from and you can pay with a cheque, credit or debit card. You can pay by direct debit too either over 12 months at no additional cost or over longer at an additional cost and as long as all payments are made by your 85th birthday.

Access to Foresters Extras – membership benefits – including discretionary grants to help you to cover the cost of things like convalescent respite and healthcare costs.

Added value for you – Foresters Extras

Taking out a Prepaid Funeral Plan is only the start. By doing so, you also become part of the Foresters Friendly family and can enjoy some wonderful, unique benefits including discretionary grants to help you cover the cost of things like convalescent respite, dental and optical costs.

Find out more

Common questions

I already have savings and life insurance. So why do I need a funeral plan?

It’s a fair question. But savings and life insurance policies don’t protect your loved ones from rising funeral costs. Without this kind of safeguard they may end up using more of the money you leave behind to pay for your funeral. It would be heart breaking. Also savings and life insurance providers don’t help your family with any of the funeral arrangements – a Dignity Prepaid Funeral Plan will. When you buy a plan like this the costs of the funeral services included are fixed at today’s price. And your loved ones get all the help and guidance they need from a trusted Dignity Nominated Funeral Director.

How much does a funeral plan cost?

The Prepaid Funeral Plans are designed to meet people’s different requirements and budgets. For example you can make a single payment or spread the cost of your plan over 12 monthly instalments. The prices for these options are:

 

OptionSingle payment12 monthly instalments
Limited£2,895£241.25 per month
Amber£3,295£274.58 per month
Pearl£3,650£304.16 per month
Diamond£3,895£324.58 per month

Note: There is no extra charge for 12 monthly instalments

 

The prices listed above are the discounted plan price and are valid from 1st October to 17th December 2019. Prices are subject to review by Dignity. If at the point of application the plan price has changed for any reason, Dignity will advise you of this before your plan is set up and there will be no obligation for you to continue.

Longer fixed instalment terms are available provided that all payments over any instalment term longer than 12 months are completed by the 85th birthday of the eldest person named on the plan and the instalment term does not exceed the maximum term available. Plans purchased over a period greater than 12 months will incur a fee.

Will the cost of the funeral plan change in future?

The Prepaid Funeral Plan from Dignity can save both money and worry as the cost of the specified funeral services are fixed at today’s price. Once fully paid, your family will never be asked to pay a penny more for the services included in the plan, no matter when the funeral takes place and how much prices rise in the future.

How can I pay for my Prepaid Funeral Plan?

You can pay for your plan in a number of ways. With a one-off cheque, credit or debit card. Or, if you’d prefer, you can spread the cost over monthly payments by Direct Debit. Whatever works best for you. If you choose to pay over a period of more than 12 months, an additional cost will apply. If you’d like to talk about any other payment options available apart from those listed on the application form, please call Dignity on 0800 484 0526, who will be more than happy to help.

If I pass away before all monthly instalments are paid, is my funeral still guaranteed?

If you pay for your plan over 12 months or less the price agreed in your plan will stay the same, as long as the person arranging the funeral agrees to pay the outstanding balance. They’ll receive an invoice for the amount after the funeral has taken place.

Dignity Promise

If you chose to pay for your plan over more than 12 months and pass away before you’ve finished paying for it Dignity will cover your outstanding balance under the ‘Dignity Promise’.

How is my money looked after?

The money paid for each Prepaid Funeral Plan goes directly into the National Funeral Trust. Here the money required for the funeral is securely and carefully managed to ensure that all of the funeral services in the plan can be paid for in the future. The Trust is independently managed by some of the most respected names in the financial industry to make sure that Planholders’ money is properly protected.

Can I choose a funeral plan?

You have four funeral plans to choose from and they each include arrangements for a cremation or burial funeral.

Click here to download a comparison of the four plans.

Simply choose the plan that is right for you. Once you’ve paid for your plan, Dignity will deliver all the services listed within your chosen plan, no matter how far in the future that may be.

Can I personalise my service?

You can record special requests to your Prepaid Funeral Plan from Dignity so they can advise your loved ones when the time comes. You can begin with the essentials like whether you’d like to be cremated or buried, or if you would like a religious or non-religious service. You can choose to document as much or as little as you would like. Any costs incurred from these requests such as a floral tribute may not be covered by the plan and will have to be paid for at the time of the funeral. Alternatively, you can contribute towards the cost of these on the Amber, Pearl and Diamond Plans, and the amount you’ve contributed will rise in line with RPI inflation. You cannot make any additional contributions to the Limited Plan. If you would like to change your special requests at any time, you can do so with no administration fee being charged.

What’s not included in the funeral plan?
  • Embalming, burial plot, memorial or headstone, flowers, catering/wake
  • Repatriation from outside mainland Great Britain, Northern Ireland, Jersey, the Isle of Man or the Isle of Wight
  • Costs for removing artificial limbs and mechanisms such as pacemakers
  • Costs associated with changes in regulations, tax, laws or generally accepted practices that result in additional costs or affect the conduct of the funeral
  • Any additional charge for conducting the burial, cremation or funeral service on a weekend or public holiday or at an unusual hour
  • Doctor’s or coroner’s fee

This list is not exhaustive, so please refer to the Terms & Conditions, available in the Prepaid Funeral Plan brochure, for further information.

Please read the full Terms and Conditions, available in the Prepaid Funeral Plan brochure, for more details.

Can I choose my funeral director?

Dignity will allocate a funeral director to your plan, which is referred to as the Nominated Funeral Director. For the Amber, Pearl and Diamond Plans, Dignity currently have a network of over 1,200 owned or approved funeral directors throughout the UK. For the Limited Plan, there are approximately 800 funeral directors throughout the UK. They are all trusted names and many of them have been serving their local communities for generations. If you would like to check if your plan can be allocated to a specific funeral director, then that’s something which can be looked into. Please contact Dignity before you purchase. Dignity may change your plan to a different Nominated Funeral Director if required.

How will my loved ones know what to do?

When you set up your plan, Dignity will send you a plan holder pack that tells you everything you need to know. This includes important information for your funeral organiser – the person who’ll be responsible for setting your plan in motion when the time comes. The pack also explains how you can add personal touches or request extra services to your plan if you wish.

What happens if my family or representative doesn’t use the plan?

No problem. If the plan is not found until after the planholder’s funeral is arranged, or if your next of kin or executor chooses not to use the plan, they can cancel the plan and receive a refund of the original amount paid for the plan less the £249 cancellation fee.

What happens if Dignity goes out of business?

It’s something you needn’t worry about. All the money you pay for your Dignity plan is protected whatever happens to Dignity. That’s because all the money needed for the funeral is held securely in the totally independent National Funeral Trust. No one at Dignity can access it and in the unlikely event that Dignity were to go out of business the Managing Trustees of the Trust would work with the remaining Nominated Funeral Directors, and where necessary seek to appoint new Nominated Funeral Directors, to continue to provide services to planholders.

What if I change my mind. Can I have a refund?

From the date you receive your agreement, you have 30 days to cancel your plan and receive a full refund. It’s like a cooling-off period. If you cancel after that time there’s a £249 cancellation fee, which will be deducted from your refund. This is to protect the long term stability of the Trust Fund.

Refunds will be completed within 14 days of the request being received. If you wish to cancel your Plan tell Dignity either by completing and returning the form included in the planholder’s pack sent to you or otherwise tell them by;

Post: Dignity Pre Arrangement Limited, 4 King Edwards Court, King Edwards Square, Sutton Coldfield, West Midlands B73 6AP
Telephone: 0800 484 0526
Email: planinfo@dignityuk.co.uk

Ready to get started? APPLY ONLINE OR Request a PACK

We’re here if you need help or have any questions

If you’re a little stuck and need help, please get in touch. Our UK based team can help to make things as smooth and easy as possible (lines are open Monday to Friday 9 am to 5 pm).

Call free on 0800 988 2418

 

The Prepaid Funeral Plan is provided by Dignity Pre Arrangement Limited. A company registered in England No. 1862158. VAT Reg. No. 486 6081 14. Registered Office: 4 King Edwards Court, King Edwards Square, Sutton Coldfield, West Midlands B73 6AP. Tel: 0121 354 1557 Fax: 0121 355 8081. Part of Dignity plc. A British company. Dignity Pre Arrangement Limited is regulated by the Funeral Planning Authority. Calls may be monitored or recorded for training and quality purposes.

 

Over 50s Life Cover

Security for

Your loved ones

Our 50+ Life Cover gives you an easy, affordable way to leave your loved ones with a guaranteed lump sum to help them when you’re no longer around. Because at the end of the day, your family’s security is all that matters.

Guaranteed

cash lump sum

Fixed premiums from just

33p

a day

No medical

Cover that could

grow

and grow

Our 50+ Life Cover policy is a simple way to give your family a helping hand when you’re no longer there in person by providing them with a guaranteed lump sum. They could use the lump sum to help towards the cost of your funeral, to pay off any outstanding bills or as a gift to remember you by. Providing peace of mind for you and important protection for them.

A little thank you for a big decision

There’s more good news. Take out an Over 50s Life Cover policy and once three monthly premiums have been received we’ll send you a £35 M&S Gift Card.

See full terms & conditions

Why choose our 50+ Life Cover?

An easy and affordable way to leave your family a guaranteed lump sum. Cover starts from just £10 per month – that’s just 33p a day. You also have the peace of mind that your premium will never increase.

Available to all UK residents aged 50 to 80. If you already have a policy of this type with us, you can take out additional policies. But you can’t exceed a maximum premium of £100 per person.

No medical is required and you won’t have to answer any health-related questions. Even if you have, or have had, health problems in the past, you will be accepted for cover.

When you take out your policy, you choose a monthly premium that you pay for the rest of your life or until you reach the age of 85. At this age you automatically stop paying premiums – but your life cover continues.

Unlike most policies, our 50+ Life Cover policy provides your cover with the potential to increase. We do this by investing your monthly premiums in our top performing with profits fund which provides your policy with the potential for growth by way of bonuses. (Source: Barnett Waddingham Survey Dec 2018.)

Access to Foresters Extras – membership benefits – including discretionary grants to help you to cover the cost of things like convalescent respite, dental and optical costs.

Peter, Derby

“My wife and I visited the convalescent home in Bridlington to allow us to have a break from the stress of life at home whilst I recovered from a muscular injury…

I wouldn’t hesitate to recommend the convalescent home grant to any member who needs some time to themselves to recuperate, you’re guaranteed to receive a warm welcome and great food, but most importantly, you are able to rest and relax amongst friends.”

Read More

Common questions

When will my over 50s life insurance cover start?

Your cover will begin the moment your application is processed, not when your first premium is received. A policy schedule will be provided which will confirm the commencement date of your policy.

Is joint cover available with a 50+ Life Cover policy?

Although you can’t take out a joint 50+ Life Cover Policy, your partner can take one out as well. This way you could both benefit from providing a cash lump sum to your loved ones when you pass away.

Why do I stop paying premiums at 85 years old?

You stop paying premiums at age 85 to reduce the risk of over-paying into the policy. When your premiums cease at age 85, your guaranteed lump sum and any bonuses added will remain in place and will continue to increase depending on future bonuses being applied. Your policy will then be paid to your dependants when you pass away.

We want to point out that the addition of bonuses is not guaranteed. They will depend on the performance of our with profits Order Insurance Fund and how we decide to distribute any profit.

For more detailed information on how we manage the fund see the 50+ Life Cover Key Information Document and Important Information.

What happens if I stop paying my premiums before I reach 85?

If your circumstances change, meaning you can no longer afford your premium, as long as you’ve paid it every month for two years, we will provide a surrender value for the policy that will mean you get something back, however this is likely to be less than you have paid in. Your life cover will immediately end.

Please be aware that if you stop paying your premiums within the first two years, your life cover will stop and you won’t get any of your money back.

Are there any charges?

There is an annual management charge of 2.57% which covers the costs of running our fund and buying and selling assets. We deduct charges upfront before we declare bonuses which means there are no additional charges for you to pay

For more information about charges, read the 50+ Life Cover Key Information Document and Important Information.

Will my life cover increase over time?

Unlike most over 50s life insurance plans, our 50+ Life Cover policy provides your cover with the potential to increase. We do this by investing your monthly premiums in our with profits Order Insurance Fund which provides your policy with the potential for growth by way of bonuses.

We have paid annual bonuses on our Over 50s Life Cover policy for the past 11 years.

  • In 2018 the annual bonus rate was 1% of the guaranteed lump sum and 1% of previous bonuses

Example: The guaranteed lump sum is the level of cover you choose when you take out the policy. We aim to declare a bonus on this amount annually and these bonuses will then increase the policy’s guaranteed lump sum for future year’s bonus declarations.

So, if your guaranteed level of cover was £10,000, using the annual bonus rate for 2018, we will add a bonus of 1% to this (£100). If you have previous bonuses that have been added to your plan, these will potentially benefit from a bonus too i.e. 1% of £100 = £1. The bonuses added to your plan will then become part of the guaranteed lump sum and any future bonuses will be applied to the increased lump sum.

When you pass away and your loved ones claim on the policy, we also aim to add a final bonus to increase the total value of the policy.

The addition of any bonuses is not guaranteed. Bonuses will depend on the future performance of our Order Insurance with profits Fund and how we decide to distribute any profit.

To find out more about the addition of bonuses and how we manage our fund please read our Principles and Practices of Financial Management (PPFM).

We may vary the design of a product to best meet the needs of our policyholders which may affect the timing and size of future bonuses. Therefore the above bonus rate is provided for information purposes only and should not be considered an indication of likely future performance.

Where are my premiums invested?

We invest your monthly premiums in our with profits Order Insurance Fund. Dependent on the performance of our fund, and in addition to the guaranteed lump sum, we aim to increase the money your dependents receive with the addition of annual bonuses and a possible final bonus when the policy pays out when you pass away. The value of these bonuses is added to the guaranteed lump sum which increases your guaranteed level of cover. Provided you pay your premiums until you reach age 85 or you pass away if sooner, the value of bonuses – once added – cannot be taken away. The addition of bonuses is not guaranteed.

We never forget it’s your money, so we take extra good care of it. Within our fund, your money is spread across a number of different types of investments including property, equities, cash and UK government bonds, to help minimise risk and increase the potential returns. You won’t have to make any investment choices, our expert fund managers manage the fund on your behalf.

Will my premiums increase?

When you take out your policy, you choose a monthly premium that you pay for the rest of your life or until you reach the age of 85. At this age you automatically stop paying premiums – but your life cover continues.

You also have the peace of mind that your premium will never increase. Once you’ve chosen your premium, that’s the amount you have to pay each month – you cannot increase or decrease it. If you want to increase your total life cover, then you can simply take out an additional policy.

What is a beneficiary?

When you apply, you can name beneficiaries who will receive up to £5,000 immediately following your death, without them having to wait for your estate to be sorted out, which can often be a lengthy process. This helps to make the claims process easier and quicker for your dependants. Any excess would become part of your remaining estate and have to wait for probate.

Are there any policy restrictions which would result in non payment of the cash sum?

Yes. In the first two years of cover the policy will only pay out the cash sum if you pass away as a result of an accident. There are restrictions on the payment of this accidental death benefit.

The policy will not pay out where death is caused directly or indirectly by:

  • Intentional self-inflicted injury.
  • The taking of drugs, alcohol or poisonous substances including the inhalation of gases or fumes.
  • Active participation in any criminal act.
  • Active participation in any riot, civil commotion, insurrection or war (whether war has been declared or not) or any incident thereto.
  • Engaging in any form of racing (including time trials).
  • Participation in any form of aviation other than as a passenger on a regular fare paying airline.
  • Any accident incurred while you are resident outside the United Kingdom.
  • Illness or disease of any kind.

If death results from any of the above in the first two years, your dependants will receive a refund of the premiums you have paid plus any bonuses that have been added to the policy to date.

I’m not sure if the 50+ Life Cover policy is right for me. What should I do?

If you’re unsure as to the suitability of this product you should seek advice from a Financial Adviser. You may have to pay for this advice.

Added value for you – Foresters Extras

Taking out a 50+ Life Cover policy is only the start. By doing so, you’ll be a part of the Foresters Friendly family and can enjoy some wonderful, unique benefits including discretionary grants to help you cover the cost of things like convalescent care, dental and optical costs.

Find out more

Ready to get started? APPLY ONLINE OR Request a PACK

We’re here if you need help or have any questions

If you’re a little stuck and need help, please get in touch. Our UK based team can help to make things as smooth and easy as possible (lines are open Monday to Friday 9 am to 5 pm).

Call free on 0800 988 2418