The financial advantages of an Age Concern Guaranteed Funeral Plan

Paying towards a funeral in advance is becoming increasingly popular as many people realise the benefits to be gained by taking care of funeral costs in advance.

However‚ with so many ways of putting aside money for the future‚ why should you choose the Age Concern Guaranteed Funeral Plan?

The Plans locks in today’s lower prices…
The cost of funerals is rising quicker than the interest on many people’s savings. In fact‚ the average cost of a funeral in 2007 was £2‚390* but it is projected that‚ by 2012**‚ this will rise to £3‚350.†

It gives you peace of mind
The Age Concern Guaranteed Funeral Plan removes any concern you may have about funeral expenses eating into money you leave behind – or not having enough to cover the cost of a proper funeral when the time comes.

By taking out an Age Concern Guaranteed Funeral Plan you can freeze the cost of your funeral at today’s prices. No matter how far ahead it may take place and how high prices may have risen‚ you will still be entitled to the guaranteed funeral services in your Plan - even if the cost has soared in the meantime.

Cremation funeral costs guaranteed to be paid in full
The Funeral Director’s services‚ the recommended doctors’ and minister’s fees and the cremation fee included in our Guaranteed Funeral Plan are paid in full. This means that no matter when the service is required‚ you will still receive the same high quality funeral you would expect today.

The security of having an Age Concern Guaranteed Funeral Plan
When planning and paying for your funeral in advanced‚ you won’t want to leave anything to chance. That’s why‚ at every step of the way‚ the Age Concern Guaranteed Funeral Plan comes with a cast iron guarantee.

The Age Concern Triple Guarantee

1. Your Price Guarantee
This ensures that the funeral arrangements in the Plan will be provided at the price you have paid‚ no matter how far in the future that may be.

2. Your cremation Guarantee
The Age Concern Guaranteed Funeral Plan will guarantee to cover the cremation fee‚ minister’s fees‚ doctors’ fees and Funeral Director’s service. There will be nothing more to pay.

3. Your 28 day money back Guarantee
If you change your mind about the Age Concern Guaranteed Funeral Plan within the first 28 days of joining‚ you can cancel. After that time‚ a cancellation fee of £95 will be deducted from any refunded payments.

Security for your money
Your money will be paid directly into The Trust for Age Concern Funeral Plans. The fund is independently run. It is managed by M&G Investment Management Ltd. And the Custodian Trustee is Royal Exchange Trust Company Limited.

Why your money is secure

• One hundred percent of all Funeral Plan payments received are paid directly into The Trust
• The trust has no money at all invested in any stocks‚ shares or equities so the money in the Trust is not at risk from any Stock Market fluctuations
• The money that is held in the Trust is safe and is only invested in Cash‚ Government gilts and the most secure Corporate Bonds
• The Trust Fund is a completely separate legal entity and is totally independent
• The money in the Trust Fund is ring fenced and not accessible by Age Concern or any Funeral Director until the funeral is required
• The money in the Trust Fund is not lent to any organisation or any individual. Therefore we are never reliant on anybody paying us back any money in order to meet our obligations
• The money in the Trust Fund is not lent to any organisation or any individual. Therefore we are never reliant on anybody paying us back any money in order to meet our obligations

The information above is for customers who are over 65 only. If you are under 65 please click here for Under 65s Funeral Plan

How to buy

• Call 0800 022 3243 (please quote ref: ABB406AK)
  Lines are open 9.00 am - 5.00 pm Monday to Friday.
• Visit your local trading Age Concern **
• Download your application form and post it to:
  Age Concern Funeral Plan
  Spencer House
  62a The Parade
  Sutton Coldfield
  West Midlands
  BD72 1GT

 

* Source: Mintel Funeral Business Reports 1994‚ 1997‚ 1999‚ 2002‚ 2007 & Mintel Survey of Average Funeral pricing 2004

† Source: Dignity

**Not all Age Concerns offer all Age Concern products. Please check (by telephoning your local office) before arranging a visit.

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