Early funeral payment
Summary: During the stress of bereavement, we want to help ease the financial burden on your loved ones as much as we can. That’s why we payout early for funeral costs, ensuring your family won’t be left alone with the cost of your memorial.
What is a funeral payment pledge?
Anyone who makes a valid claim on their life insurance policy can receive up to £5,000 of the total claim before the remaining payout is made to put towards the cost of a memorial service, to cover funeral expenses while the rest of the claim is being handled.
Am I covered by a funeral payment pledge?
If you have a life insurance policy from Beagle Street, you qualify for our funeral payment pledge. This is particularly useful if you die without leaving a will, or if your life insurance isn’t written in trust.
In those circumstances, the payout on your policy could be subject to probate, which can take some time to resolve. The funeral payment pledge ensures your loved ones are supported financially and don’t have to cover all funeral costs during probate.
For more information, take a look at our guide to planning a funeral.