Partner Article
Avalon deal with SunLife increases accessibility of funeral plans Avalon, one of the leading Ends
Avalon deal with SunLife increases accessibility of funeral plans
Avalon, one of the leading providers of funeral plans, has announced an agreement with SunLife to add a Fixed Monthly Payment option to the three core funeral plans it offers to UK customers.
The agreement gives customers the option to arrange a pre-paid funeral plan where the fixed monthly payments are used to purchase an individual whole of life policy where Avalon is the policy owner and the plan holder is the life assured.
Funeral plan purchasers choosing the Fixed Monthly Payment option will be contracted to Avalon, who guarantee to provide the chosen funeral package when the policy is two years old, providing the funeral is carried out by the funeral director as stated on the funeral plan certificate and all payments have been paid up to date. Should plan holders die before the two-year moratorium has passed, Avalon will refund all payments made to the next of kin, plus an extra 20%. The plan has no surrender value. If funeral plan purchasers cancel the plan, cover ceases.
Monthly payments are fixed and are based on the plan holder’s age and selected funeral at the time of purchase. The plans are available to customers aged 50 – 80 years, with premiums payable until plan anniversary prior to the plan holder’s 90th birthday or until death if earlier.
Currently, Avalon’s Windsor Way, Highgrove and Balmoral funeral plans can be purchased in full with a single payment or by instalments over a fixed term of up to 10 years. Funds are invested in a separate trust fund managed by independent trustees and valued annually by the actuary to ensure future funeral director fees will be met.
Speaking of the new development, Steve Chambers, Group CEO at Avalon, said: “Working with SunLife has enabled us to make our leading funeral plans accessible to even more people. The fixed monthly payment option offers customers an excellent way to plan for their funeral.”
Avalon offers a choice of three funeral plans in the UK:
Balmoral
All necessary funeral arrangements and funeral director’s services
Conveyance of the deceased to the funeral home within England, Scotland and Wales
Advice on certification and registration
Preparation and care of the deceased - including hygienic treatment as required
Basic coffin
Provision of a hearse directly to the crematorium or cemetery
All funeral staff required to conduct the service
Confidential advice on personal and social matters
Disbursement costs up to £1,000
Highgrove All necessary funeral arrangements
Funeral director’s services
Conveyance of the deceased to the funeral home within England, Scotland and Wales
Advice on certification and registration
Preparation and care of the deceased - including hygienic treatment as required
Use of chapel of rest for viewing during office hours
Supply of a quality veneered coffin
Provision of a hearse and one following limousine directly to the crematorium or cemetery
All funeral staff required to conduct the service
Confidential advice on personal and social matters
Disbursement costs up to £1,000
Windsor Way All necessary funeral arrangements
Funeral director’s services
Conveyance of the deceased to the funeral home within
England, Scotland and Wales
Advice on certification and registration
Preparation and care of the deceased - includes hygienic treatment as required
Use of chapel of rest for viewing during office hours
Supply of a high quality veneered coffin
Provision of a hearse and two following limousines directly to crematorium or cemetery
All funeral staff required to conduct the service
Confidential advice on personal and social matters
Full listing of floral tributes
An allowance towards the disbursement costs
Disbursement costs up to £1,000
If you pay in full with a single payment, prices range from £3,425 to £3,995. You can purchase these plans in full with a single payment, by monthly instalments over a period of up to 10 years, or by fixed monthly payment.
Avalon is one of Europe’s leading funeral planning providers, offering plans in the UK, Spain, Portugal, Malta, Cyprus and Tenerife.
For more information visit http://www.avalonfuneralplans.co.uk/ or call free on 0808 163 9135.
This was posted in Bdaily's Members' News section by Emma De Maio .
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