Advertisement

According to the 2011 Annual Cost of Dying Report from Sun Life Direct, the cost of dying (including death-related costs such as funerals, probate, headstones and flowers) has increased to an average of £7,248, representing a dramatic increase of 20% since 2007, and over £400 more than last year. Discretionary funeral costs have increased 6.7% from an average of £1,746 in 2010 to £1,864 in 2011. Estate planning costs have reached a record high at £2,292.

The largest contributing factor to the cost of dying is non-discretionary funeral costs, which have risen by 8.2% since 2010.

A quarter of those surveyed had not made any end of life plans. Many people do not provide and plan for the end of their lives. This includes the organisation of, and payment for, funerals and estate administration as well as the preparation of legal documents such as wills and end of life care.

Simon Cox for Sun Life Direct, comments: "We need to educate the public and especially those on lower incomes who may struggle to meet funeral costs.”

Comment on this page »

Features

Latest news

Chelsea and Westminster named the best place to work in the NHS for 2015

Nuffield Health opens doors of new Cambridge Hospital

Nuffield Health plans to open state-of-the-art diagnostic suite

Can you afford to die?
Advertisement
Advertisement
Connect with us on:

This site compiles with the HONcode standard for trustworthy health information