Joint funeral plans

A joint funeral plan is a single funeral plan placed in two names, perhaps of a married couple, that covers the cost of the funeral when one partner passes away.

It allows for two people to pay for one plan and ensure that one of their funerals is paid for in advance.

Typically, people choose for their joint plan to cover the cost of the first funeral, to protect the surviving partner. However, it’s possible for the plan to cover the second funeral instead.

Having a joint plan in place does mean that the funeral expenses for one partner would not be covered, and they may need to take out a new funeral plan at a later date.

Read on to learn more about joint funeral plans and if this may be the right option for you...

As mentioned, a joint funeral plan can have the purpose of protecting your surviving partner from having to arrange your funeral or pay the bill.

In this case, you’d take out a joint funeral plan that covers the funeral of the partner that passes away first.

However, if you have children or other close relatives then that leaves the second funeral to be considered, as it may become their burden to cover the cost.

Usually, funds would be recovered from your estate, however, funds may not be released until your estate has been through probate, which can take 6 - 9 months.

This is a long time before your loved ones would have access to the funds they need.

And most funeral providers will require payment upfront, particularly for third-party services, requiring your loved ones to find the funds in the interim.

Therefore, a joint funeral plan may not be right for you if you’re concerned for loved ones who would be out of pocket to cover your or your partner’s funeral costs.

A funeral plan for both the first and second funeral is a smart investment to ensure there is immediate cover on both occasions.

Get in touch with Reassured to arrange a funeral plan that fully guarantees all your essential funeral services.

Since 2004, funeral costs have risen a staggering +128% and the average cost of a basic funeral now stands at £4,184^[1].

By 2025, funeral costs may have risen a further 20%.

However, a prepaid funeral plan allows you to beat rising funeral costs by freezing the cost of the services included in the plan.

This means that the price you pay today remains fixed, no matter how much prices rise in the future.

Having two individual funeral plans in place will not only protect each partner but also ensure that your children or loved ones won’t have to pay inflated funeral costs in the future.

The earlier you take out an individual funeral plan, the more money you can potentially save your loved ones in the future.

A joint funeral plan won’t offer that level of financial protection.

Freeze your funeral costs today by arranging your funeral plans through Reassured.

Whilst a joint funeral plan is cheaper, there are several payment options available to keep the cost down if you decide on two funeral plans.

By spreading the cost into manageable monthly payments can make it more affordable to have more than one funeral plan.

Get in touch with Reassured today and we’ll help you find funeral plans within your budget.

Unfortunately, Co-op doesn’t offer joint funeral plans, however, Reassured can help you arrange individual Co-op funeral plans.

The Co-op Silver and Gold plans are fully guaranteed, unlike most other plans available on the market.

A fully guaranteed plan means that all funeral director services and third-party services are covered and frozen at today’s prices.

Third-party services include:

• Doctors to sign the medical certificate
• A minister or celebrant to lead the ceremony
• The crematorium or cemetery to carry out cremation or burial

This gives you peace of mind that your loved ones are protected from the full cost of your essential funeral services (and protected from rising funeral costs)^†.

For your no-obligation, Co-op funeral plans quote, get in touch with our team at Reassured.