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Prepaid Funeral Plans

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YOUR MONEY IS PROTECTED WITH SIMPLICITY

Once you’ve paid into your plan, your funds will be placed into a Funeral Trust Fund until they are needed

YOUR MONEY IS PROTECTED WITH SIMPLICITY

Once you’ve paid into your plan, your funds will be placed into a Funeral Trust Fund until they are needed

THE FUNERAL TRUST FUND

 

The money you pay for your funeral plan is safe

We hope it will be many years before we need to put your plan into place so it’s important you know that we are taking care of your money responsibly.

To protect the money you’ve paid for your funeral plan, all of the funds are placed into a secure funeral Trust Fund that is completely independent of Simplicity Cremations. So no matter what happens, you can have peace of mind that your plan is safe.

 

Why a trust fund?

In order to safeguard customers, the Funeral Planning Authority (FPA), the organisation that regulates the prepaid funeral plans industry, states that all registered funeral plan providers must place the client’s money in either a whole of life insurance policy or into an independently managed funeral trust fund.

At Simplicity, we chose a trust fund as this is specifically designed to protect your money until needed and invests the funds in a way that will provide the required return. In contrast, a whole of life policy is usually designed to pay out only a set sum without considering future funeral costs.

 

The National Funeral Trust

The National Funeral Trust was set up in 1986 to protect both funeral directors and of course, our customers.

This allows us to guarantee that no matter what happens, there will always be sufficient money within the Trust Fund to honour our agreement with our Planholders, that your future funeral costs are met as agreed, and that the Funeral Director is only paid once the funeral has taken place.

The Trust Fund is independently managed by some of the UK’s most respected investment companies, so you can be sure your plan will be properly protected.

For more information about the Trust Fund and planning a Simplicity Cremation, contact us.

 

QUESTION OR READY TO BUY A FUNERAL PLAN?

Call: 0800 484 0531

Call: 0800 484 0531

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Ready to purchase a funeral plan, or need advice? Our dedicated team will help you get started and answer any questions

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