Funeral costs have risen over 5% a year for the last 20 years. According to a recent study*, the cost of funerals has risen for the 14th year in a row.

The Cost of Dying Report 2017 puts the average cost of a basic funeral at £4,078, an increase of almost 5% since last year. The Report also highlights a ‘huge rise’ of 112% since 2004 when the average cost of a basic funeral was just £1,920. If this rate of increase continues, the average basic funeral will cost almost £5,000 in five years’ time. In another 10 years, that could rise to £7,200 and in 20 years, a staggering £13,000.

The costs associated with a basic funeral – funeral director services, cremation or burial, doctors’ fees, minister or celebrant – make up less than half of the overall cost of dying. In addition, spending on things like a memorial, flowers, limousines and a wake, as well as the cost of hiring professionals to administer the estate the final price tag reported for 2017 is £8,905, 50% higher than 2007.

This makes funerals one of the fastest rising costs in the UK. You can help protect against funeral price inflation with a Wren & Fraser Funeral Plan. Save your family worry and expense and fix the cost of funeral director’s services at today’s prices.

*SunLife Cost of Dying Report 2017.