Do you think planning and pre paying for your funeral in advance is a good idea?

As the cost of funerals is steadily rising, more and more people are looking ahead and purchasing funeral plans so that their family don’t have to worry about the cost at the time.

A funeral plan is where you plan and pay for your funeral in advance at today’s prices, and then there’s nothing for your loved ones to pay when you die. You can pick your coffin, what flowers you would like, even details such as hymns and music. Not only does this take away the financial burden from your family, it also gives them the peace of mind that they are acting out your wishes, and not guessing at what you wanted.

They are a big investment, costing upwards of £3000, but with many plans being “inflation proof” they are growing in popularity year on year. However, the taboo of death prevents a lot of people from wanting to discuss their funeral, let alone plan it!

What are your views? Would you plan and pay now to save your loved ones money and the worry in the future? Would you prefer to spend that money on the here and now? Do you feel comfortable with arranging your own funeral?