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Protected Funeral Payout Plan

Coming soon – a brand new safe and affordable way to cover the cost of your funeral

What is SunLife's new Protected Funeral Payout Plan?

The Protected Funeral Payout Plan is a simple way to completely cover the cost of your chosen funeral. You pay a monthly premium (which never goes up) and when you die, your chosen funeral is guaranteed to be provided, no matter how much funeral costs may have risen.

“A Protected Funeral Payout Plan is a safe way to make sure your funeral costs are covered.”
 

Carol Vorderman signature

What are the benefits of the new Protected Funeral Payout Plan?

The key benefit is that it's an affordable way to cover the full costs of your chosen funeral services. It also gives your loved ones a choice when the time comes. They can pick the funeral services, or opt instead for a cash payout – each option is guaranteed as long as you keep up with the monthly payments.

Key benefits:

  • Choice of funeral services or a cash payout instead
  • Guaranteed to cover the full cost of your chosen funeral services, even if costs rise
  • Your monthly payments will never go up
  • The amount of your cover increases every year

How will the new plan work?

You'll need to be aged between 50 and 80 years old to take out a Protected Funeral Payout Plan. There will be two plans to choose from and each one comes with a choice of funeral services or a cash payout instead.

Once you've chosen your plan, you'll pay one affordable monthly payment. After the first year your cover is guaranteed. Then when the time comes, your loved ones can claim on your policy and choose either the funeral services or the cash payout.

How is it different to a funeral plan?

The Protected Funeral Payout Plan is a life insurance plan rather than a funeral plan. Typically funeral plans are designed to cover the cost of a funeral only and there is no cash option. With some funeral plans the monthly payment increases over time, too.

The Protected Funeral Payout Plan offers a safe, affordable and flexible way to ensure your loved ones are not burdened with funeral costs when you die.

How much will it cost?

Prices start from just £11.37 a month. The exact amount you pay will depend on which plan you choose, whether you smoke, and your age when you take it out.

When will this new plan be available?

The new plan launches soon – watch this space!

Calculator icon.

Funeral cost calculator

Calculate the average cost of a funeral in your area

The average cost of a funeral in your area is:
£ 0*

Protect your loved ones from rising funeral costs by having a protected funeral payout plan in place.

Coming soon – a brand new safe and affordable way to cover the cost of your funeral

What is SunLife’s new Protected Funeral Payout Plan?

If you’re worried about rising funeral costs our new plan could help. Coming soon, SunLife’s Protected Funeral Payout Plan is an insurance plan that offers a choice of guaranteed funeral services or a cash payout to help relieve the financial burden on your loved ones.

*Find out how we calculate funeral costs. The costs in this calculator are from research carried out in May 2018 and the cost of a funeral in the future is likely to be more than this.

The average cost of a funeral in the UK

At SunLife we run the UK's longest running research into the cost of dying. We've seen costs go up every year since 2004.

The latest figures from our 2022 Cost of Dying Report

Man and woman looking out into ocean

£4,927

The average cost of a burial in the UK

£3,765

The average cost of a cremation in the UK

Have a Guaranteed Funeral Plan? Get help here

How to make a claim

Here's how to make a claim or register a death

Make a claim

How to make a change

If you need to make a change to your details or your plan

Make a change

How to get in touch

Find the number to talk to us, or send us a secure message

Get in touch about your plan

Help with planning a funeral

Funeral planning isn't something we think about often, but a little forward thinking can really help your loved ones. Get started today with our helpful tips and tools.

Step-by-step guide to funeral planning

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How to get help with funeral costs

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Legal and regulatory information
Who are SunLife?

SunLife Limited distributes financial products and services. Registered office: 1 Wythall Green Way, Wythall, Birmingham, B47 6WG, United Kingdom. Registered in England and Wales, number 05460862. SunLife Limited is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register (reference number: 769427).