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You pay either a lump sum or installments to the plan provider, or to a funeral director. Your money is either invested into a trust fund with trustees, or in an insurance policy, which is then used to pay for the funeral whenever that turns out to be. The aim of both methods is to safeguard your money until it is needed, ensuring that it is used to provide the funeral you have paid for.  

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Funeral plans guide

  • Types of plan
  • Cost
  • Advantages and drawbacks

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