Think of the Plan as a savings pot – a highly tax efficient savings pot into which you put money specifically for funeral expenses.  That money will be ‘outside your estate’ and so exempt from inheritance tax.

The purpose of this plan is provide a transparent and simple method of saving.

You determine what is the right monthly subscription for you. Simply consider what plan is suitable and budget your monthly payments accordingly.

The pot of money is held by the Open Prepaid Funerals Trust fund where it is managed by a board of trustees. The assets of the Trust Fund are independently audited and an actuarial report is prepared by independent actuaries in line with the Financial Conduct authority’s guidelines.

One of the advantages of securing your niche is that it is available for all your family to use as and when they choose. Unlike other service providers we don’t dictate how many ashes are allowed into the niche, it is yours and you determine who should make use of it. The niche term can be extended, the renewal price only increases with inflation, and thus the barrow can service future generations of your family.