Legal & General has joined forces with Dignity Funeral Services to launch the Dignity pre-paid funeral plan into the IFA market.
Dignity launched the first funeral plan in the UK in 1985 and more than 350,000 people have taken out a funeral plan with Dignity.
This product allows customers to pre pay for their funeral at today’s prices and guarantees to cover the cost of the cremation funeral regardless of rising market prices.
There are three plans available to customers over the age of 50. All have a set price and all include the arrangements for a cremation funeral although a burial option is available. Acceptance is guaranteed and there is no upper age limit and no health restrictions.
Martin Noone, protection distribution director at Legal & General, said: “This is a new addition to the wide range of products available to the IFA market through Legal & General