Prepaid Funeral Plans | Monthly Funeral Plans - Open Prepaid Funeral Plans

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Prepaid Funeral Plans

Otter Valley Funerals

01395 911118

1 Brook House, Brook Rd, Budleigh Salterton, East Devon, EX9 6AY

Otter Valley Funerals is a local company owned and managed by funeral director Simon Savage with one goal in mind, to provide the community of Budleigh and the surrounding areas with exceptional care at their time of need. 

Unfortunately it is very likely we will all die. The rising cost of everything means a funeral in years to come will cost more than today. By securing a funeral plan now the cost is based on current prices even though this will rise in the future. 

According to the SunLife Cost of Dying Report, 2018, average funeral costs have gone up by 122.5% since 2004 and the projected average cost of a funeral will be £5,120.00 by 2023.

You can buy a fully secured, guaranteed plan from Otter Valley Funerals today from as little as £3195.

A prepaid funeral plan is a way to pay for your (or someone else’s) funeral in advance either by installments or in a lump sum. It does not matter when that person dies – the plan will pay for the funeral you have chosen, even if decades later.

For many people this is the easiest and most practical way to reduce any worry or burden on relatives who otherwise would have to find funds to pay for the funeral. The funds are actually held in trust so even if your preferred funeral director is no longer around you will get the same service and cover regardless.

From July 2022 funeral plans will also fall under the regulation of the Financial Conduct Authority. This puts them in the same bracket as other regulated products such as mortgages and bank accounts.

Why choose a prepaid funeral plan?

Taking out a prepaid funeral plan can bring many benefits to you and your family. Some of these may include:

  • Alleviates financial burden - one of the benefits of taking out a funeral plan is securing the funeral directors services at today’s price, these are guaranteed to be covered at the time of need if fully paid. Disbursements are not fully guaranteed though, there could be a shortfall which your family may have to cover, see terms and conditions or talk to us for more details.
  • Reduces emotional stress - planning a loved one’s funeral can be an emotionally challenging time for family and close friends. By planning your funeral before the time comes, this could reduce emotional and financial stress for your loved ones.
  • Tailor made for you - by arranging your funeral ahead of time, you are able to design it specifically to your own individual requirements – meaning its bespoke to you and your preferences.

Tailor-made funeral plans

If none of the set plans are exactly what you had in mind, we can work with you to create a tailor-made funeral plan that specifically meets your needs. You may find it useful to use one of our pre-existing prepaid funeral plans as a guide to help you begin the process. Then you could add an extra limousine, for example, or decide that you would prefer the service to take place in your local church rather than a crematorium chapel.

Whatever your thoughts, talk to us and we'll guide you through the funeral planning process. We will then check with your preferred funeral director fees and charges in our system that all prices and elements are correct before confirming with you. We will detail all the fees and charges giving you a final amount to pay. Whatever your agreed plans, the funeral directors services are guaranteed to be provided with no further costs at the time of need. There may be a contribution required at the time of need in relation to disbursement costs, see terms for full details.

Call us
to discuss your
bespoke funeral plan on
0330 660 0072