The soaring cost of dying

Posted in: Family Date added:
Close-up of two lit candles.

In spite of low mortality rates, funeral costs are sky-high and have steadily increased over recent years. The soaring cost of dying is becoming increasingly important. It is becoming fundamental for people to have protection in place if they want to shield family members from having to foot a hefty funeral bill. However, high numbers of people are uninsured and have little savings in place to fork out the costs. Below is an infographic revealing some key statistics behind the cost of dying.

Soaring cost of dying infographic - 82% have made no financial provision or arrangements for their own funeral

Note: Whilst we take care to ensure Hub content is accurate at the time of publication, individual circumstances can differ so please don’t rely on it when making financial decisions.