Funeral Funding

What is Funeral Funding?

Designed to contribute towards meeting the cost of a funeral, Funeral Funding allows your customer and their loved ones some financial peace of mind at a very difficult time. Payment is made directly from the policy to Co-op Funeralcare at the time of setting the final bill negating the need for the cost of the funeral to be found up front.

Co-op Funeralcare, our chosen Funeral Funding partner, will make a contribution of up to £300 towards your customer’s funeral costs.

A contribution of £300 will be applied to a Tailored Funeral, £125 to an Essential Funeral (a simple, lower cost option), and £50 to a Direct Cremation (an unattended cremation without a funeral service)

If there is any money remaining from the proceeds of the customer’s policy, after the cost of the funeral have been met, this will be paid to their estate. If there is a short fall, this will need to be made up by the next of kin.

Funeral Funding is not a Funeral Plan and might not always meet the full cost of a funeral. Funeral funding is only allowed on one policy, whether with OneFamily or another provider.

Removing Funeral Funding

Your customer can remove Funeral Funding from their policy at any time simply by calling us on 0800 028 1112.

Please bear in mind that if your customer makes a successful terminal illness claim, we will pay the full sum assured to your customer, the policy will be closed and Funeral Funding will no longer apply.