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Old 20-11-2005, 09:12   #19
Acrylic-bob
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Re: Seriously ...Pre-Payment Funeral Plans.

Let me see if I have got this right. You pay X number of pounds for a number of years to a company who will then bury you when the time comes.

A. Who is stupid enough to offer what is, in effect, an interest free loan? Surely that money would be of more use to family members if it was in a BS account acruing interest?

You pay money into a Funeral Insurance Plan, which will pay out to cover funeral expenses at death.

A. Another interest free loan.
B. There will be Administration Charges too, so you will never get out of it what you pay in.
C. It will probably take months to get the insurance company to pay out and in the meantime your grieving relatives will have to settle the bill with the Undertaker anyway.

Incidentaly, why does a 6ftx3ftx1ft lidded veneered chipboard box cost in excess of £1,000? The phrase "rip-off" occurs to me.
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