Funeral Benefit Option

Funeral Benefit
Option

What is the Funeral Benefit Option?

If you are taking out an Over 50s Fixed Life Insurance policy to help towards funeral costs, you can choose to add the Funeral Benefit Option. This means the cash sum paid out from a valid claim will be paid directly to Dignity Funerals Limited and a Dignity funeral director will take care of arrangements. It doesn't cost you anything extra to add the Funeral Benefit Option.

Get an extra £250 towards your funeral costs

If you are planning to use the cash sum from your Over 50s Fixed Life Insurance to pay towards your funeral, why not add the Funeral Benefit Option to your Plan.

  • At the time of claim we will pay your cash sum directly to Dignity Funerals Limited and a Dignity Funeral Director will take care of arrangements.
  • To help even more, there will be an additional £250 contribution from Dignity towards the final cost of your funeral with a Dignity Funeral Director.

Your family will be in good hands with Dignity

Our Funeral Benefit Option is provided by Dignity. Here is why we’re a good match:

  • Dignity is a collection of the UK's finest Funeral Directors.
  • They are devoted to delivering the highest quality funeral services in the UK.
  • They help people through one of the most difficult times of their life.

We chose them as our partners because of their proven track record in offering care and compassion to their customers.

  • A nationwide network of owned and approved Funeral Directors across the UK offering caring support and an expert service 24 hours a day, 365 days a year
  • Dignity have a network of 725 branches nationwide, serving local communities for decades.
  • They have 618,000 active funeral plans in pace for their customers

Dignity Funerals Ltd are regulated by the Financial Conduct Authority.

Source: Dignity plc Annual Report & Accounts 2022.

To search for the nearest Dignity Funeral Director, here’s a useful link

How the Funeral Benefit Option works

  • Add the Funeral Benefit Option to your Over 50s Fixed Life Insurance for no additional cost and Dignity will contribute £250 towards the cost of your funeral with a Dignity Funeral Director.
  • At the time of making a claim, a single call to Dignity will put your funeral arrangements in motion. The Dignity Funeral Director will help your family through the arrangements and we will pay the cash sum from your Over 50s Fixed Life Insurance directly to Dignity.

Things you should know

  • It doesn't cost you anything extra to add Funeral Benefit Option to your Over 50s Fixed Life Insurance, but you do need to make sure you keep paying the premiums for your Plan.
  • The additional £250 contribution will only be payable when the cash sum from your Plan is paid directly to Dignity Funerals Limited on your death. It will not be paid to your legal representative.
  • If your funeral costs less than the cash sum from your Plan and the £250 contribution combined, we will pay any money left over to your legal representative. However, if the funeral costs more, your loved ones would need to pay the balance to the Dignity Funeral Director. You need to be aware that inflation will reduce the value of the cash sum and the £250 contribution.
  • If you die within the first year of taking out the Over 50s Fixed Life Insurance for any reason other than an accident, we will not pay the cash sum. Instead, we will refund any premiums already paid to your legal representative rather than to Dignity. However, if Dignity conducts your funeral, your legal representative would still be entitled to the £250 contribution.
  • If you die within the first year of taking out the Over 50s Fixed Life Insurance as a result of an accident (see the Policy Terms and Conditions (PDF: 70KB)  or within 90 days of the accident from injuries sustained in it, you will be entitled to the Accidental Death Benefit and the cash sum will be paid to your legal representative rather than Dignity. However, if Dignity conducts your funeral, your legal representative would still be entitled to the £250 contribution towards your funeral.
  • You can cancel the Funeral Benefit Option at any time before Dignity has been instructed to provide the funeral services. In these circumstances you would not be entitled to the £250 contribution.
  • You can add the Funeral Benefit Option anytime during the period of your policy. However you can only add this feature once. This includes any Funeral Benefit Option you may have with another over 50s life insurance provider. Also, if you already have a pre-paid Funeral Plan with Dignity you can't take up this offer and if you were to take out a Funeral Plan in the future, your Funeral Benefit Option would be cancelled.

Full details can be found in our Policy Terms and Conditions (PDF: 70KB).

How to add the Funeral Benefit Option

Our Over 50s Fixed Life Insurance could allow you to leave a fixed cash sum to your loved ones when you pass away, which could be used to help contribute towards your funeral costs or be left as a gift.

If you are looking to leave a sum to help contribute towards funeral costs you could choose to add the Funeral Benefit Option to your plan if you apply by phone. Terms and Conditions apply.

If you already have an Over 50s Fixed Life Insurance with us, you may be able to add the Funeral Benefit Option.

Please call us on: 0370 010 4080 Opening hours: 9am and 5pm Monday to Friday. We may record and monitor calls and call charges will vary.

Conditional gifting

Funeral Benefit Option FAQs

If you apply for Over 50s Fixed Life Insurance by phone, you can add the Funeral Benefit Option so long as:

  • You haven’t already added it to another over 50s life insurance plan (with us or another provider)
  • You don’t have a pre-paid funeral plan with Dignity

If you were to take out a pre-paid funeral plan with Dignity in future, your Funeral Benefit Option would be cancelled.

The Funeral Benefit Option can be added for no extra cost to Over 50s Fixed Life Insurance policyholders.

Yes, you can add the Funeral Benefit Option to your existing Over 50s Fixed Life Insurance policy, providing you meet the criteria as mentioned above. Simply contact us to add the option, and Dignity will send you a welcome pack which explains the key details.

Yes, once you’ve added the Funeral Benefit Option, you (or your legal representative) can remove it at any time by contacting us. However, you won’t be able to add the Funeral Benefit Option again.

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Opening hours:

Monday to Friday 8:30am - 8pm
Saturday 9am - 1pm

We may record and monitor calls