With sales of prepaid funeral plans significantly increasing in 2016, this suggests that people are becoming more aware of the cost of dying – and are starting to fix the cost now, saving those they leave behind free from the financial burden at an already stressful time.
Our infographic highlights the reasons why people buy funeral plans as well as providing other useful facts and figures that may help you make an informed decision when buying a funeral plan.
The cost of dying has outstripped inflation since 1980 with the average annual increase in funeral costs of 6.1%, compared to an average annual inflation rate of 4.0.
Sales of prepaid funeral plans have increased by 22% in the first six months of 2016 compared to the same period last year.
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