Funeral plan regulation to offer consumers greater protection

3 min read

Louise Eaton-Terry
Louise Eaton-Terry

Funeral Cost Expert


Louise Eaton-Terry, funeral cost expert at Royal London comments on the announcement that the government will introduce legislation to regulate pre-paid funeral plans.

“With the high cost of funerals forcing bereaved families into an average debt of £1,990, a funeral plan allows consumers to secure their funeral in advance and protect against future price increases. The services covered by funeral plans vary among providers which isn’t always clear.

"Many consumers are unaware that their plan might not cover the full cost of the funeral, which can result in grieving loved ones being left with unexpected extra charges. The Government legislating to regulate pre-paid funeral plans is welcome news and will offer consumers greater protection.”



The Royal London National Funeral Cost Index 2019 found:

  1. A basic funeral costs £3,785 on average;
  2. Funeral debt in the UK is at £147 million;
  3. Individual debt is at an all-time high with people taking on an average debt of £1,990 to pay for a funeral, which is a 14% increase from the previous year (£1,744 in 2018)

For further information please contact:

Meera Khanna, Corporate PR Manager - Protection

About Royal London:

Royal London is the largest mutual life insurance, pensions and investment company in the UK, with assets under management of £139 billion, 8.6 million policies in force and 4,348 employees. Figures quoted are as at 30 June 2020.