All plans are managed by Open Prepaid Funerals Limited. Registered in England Number 04747037
Unlike many restrictive funeral plans, our simple, flexible and transparent plan works more like a family savings pot. It is tax-efficient because the money you put in is specifically for funeral expenses and exempt from inheritance tax (it is ‘outside your estate’).
It is flexible – you can pay in what you can afford when it suits you. You have access to take out funds should you need to. You can include up to five people as ‘pot members’.
You are not tied to any particular funeral director, allowing you to compare funeral providers when you need one. No commissions are paid to intermediaries.
The plan is designed to grow at a rate above inflation. When the time comes to pay for the funeral, any money left stays there for other pot members (additional pot members can be added up to a maximum of 5 at any one time).
Plan fees: There is just a one-off £195 admin fee. Additional ‘pot members’ can be added for £95 each.