Cost of funerals
Figures from the International Longevity Centre - the UK’s leading think tank on longevity and demographic change - estimates that the average price of a funeral is currently around £3,693 and this could jump to as much as £5,226 by 2020. The think tank claims that this would be the cost of covering the basics alone and extras could drive the price to £7,000 or above.
Whilst thinking about death can be unpleasant, it’s important to prepare for the future to protect yourself and your loved ones from the rising costs of funerals.
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