Golden Leaves funeral plan review
Golden Leaves funeral plans offer the widest choice of prepaid plans. In addition to their traditional plans, they also offer a range of green funeral plans and international funeral plans for expats living in Europe.
Market insight: Golden Leaves plans are competitively priced, although unlike other providers they may charge more in some regions of the country where the average cost of a funeral is higher.
- Golden Leaves is registered and regulated by the Funeral Planning Authority (FPA)
- Guarantees cremation and minister’s fees on the Silver, Gold and Platinum plans
- Funeral plans can be put in joint names at no extra cost
- Offer international funeral plans if you are moving abroad
- Fixed monthly payment option comes with Overpayment Rebate Feature
- You are covered for your services after just one year with the fixed monthly payment plan
- Two of the plans only offer a contribution for third party costs or no allowance which means there could be more for your family to pay
- There may be a charge if you move and have to change funeral directors
- Instalment options have a minimum deposit of £250
- Cancellation fee of 20% of money paid
- Golden Leaves funeral plans also come with ‘Regional Variation Pricing’ which means you could pay more
Golden Leaves Funeral Plan review - details
Golden Leaves Copper Plan – Guarantees the funeral director’s services, a basic coffin and third-party costs for a direct cremation funeral without a service or anyone in attendance.
Golden Leaves Bronze Plan: Guarantees the funeral directors services but has no provision for the third party costs so these would need to be paid for when the times comes by the family.
Golden Leaves Zinc Plan: Guarantees the funeral directors services and includes a contribution of £931 towards third party costs. The times of the funeral service are limited and chosen by the funeral director.
Golden Leaves Silver Plan: Guarantees the funeral director’s services and cremation fees or alternatively, an £1100 contribution towards burial fees., A simple coffin and a hearse are also included.
Golden Leaves Gold Plan: Guarantees the funeral director’s services and cremation fees or alternatively, an £1100 contribution towards burial fees Also includes a standard coffin, a hearse and one limousine.
Golden Leaves Platinum Plan: Guarantees the funeral director’s services and cremation fees or alternatively, an £1100 contribution towards burial fees. Also includes a high-quality coffin, a hearse and two limousines.
You can pay for a Golden Leaves funeral plans in a number of ways:
In Full / over 12 months – TThis payment option is the cheapest way to buy a funeral plan. When spreading your payments over 12 months you won’t incur any additional fees but you need to pay a £250 minimum deposit up front.
Instalments – Golden Leaves offer instalments over longer periods of between 2 and 5 years. Paying in this way is subject to a managemenyt fee of 6% per year and a minimum deposit of £250.
Fixed Monthly Payment Plan – Available to anyone between the ages of 50 and 75. You pay a fixed amount per month based on your age and the level of service you require. You are covered for your funeral services after just one year, which is sooner than other funeral plan providers who offer this payment type but you need to pay your premiums either for life or until the anniversary date of your plan prior to your 90th birthday.
The fixed monthly payment option also has a rebate guarantee that entitles you to money back in the event you pay more into the plan than the cost of the funeral.
How secure are Golden Leaves funeral plans?
Golden Leaves is registered with and regulated by the Funeral Planning Authority so therefore has to comply with their strict rules and code of conduct on the service you receive and most importantly how the money is held.
For all payment options apart from the fixed monthly payment plan, your money is paid into the Golden Leaves Trust which is a completely separate legal entity to Golden Leaves, so if anything happened your money would be protected.
With the fixed monthly payment option, your money is paid into a life insurance plan which is regulated by the Financial Conduct Authority.
Golden Leaves company - review
Golden Leaves was launched in 1984 and now offers its funeral plans both nationally and internationally. In addition to their international funeral plan serving expats living in Spain, Portugal or Cyprus, Golden Leaves also offer a Green Funeral Plan for those looking for an eco friendly funeral service.
Our Golden Leaves funeral plan review verdict
Golden Leaves now fully guarantee the cremation fees on 4 of its plans however some of the cheaper options do come with limitations which mean your family may possibly have more to pay.
Plus, the fixed monthly payment option comes with a rebate guarantee unique to Golden Leaves.
However, Golden Leaves funeral plan prices are based on the UK average. As funeral costs vary throughout the UK, certain regions may charge more.
Our chosen partner Dignity funeral plans guarantee to fix ALL funeral costs listed in the plan which includes the funeral director's services and the cremation & ministers fees, so your family will have nothing more to pay.
You won't have to worry about rising funeral costs as they are guaranteed at the price you pay today - giving you peace of mind that everything is taken care of and when the time comes your family will only have to make one phone call.
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