Beagle Street commits to PDG Funeral Payment Pledge
Life insurance provider Beagle Street has signed up to the Protection Distributors Group (PDG) Funeral Payment Pledge, continuing its commitment to putting its customers first.
Following this pledge, the insurer, which is part of the OneFamily Group, will provide a £5,000 early payment to help with funeral expenses for valid claims for both Beagle Street policies and those through its partnership with Virgin Money.
To ensure families have enough money to pay the funeral costs of a loved one with life cover, the PDG Funeral Payment Pledge commits insurers to offering some funds in advance, directly to the funeral director, when they can’t otherwise pay due to issues such as probate delays.
The purpose of PDG is to ensure claimants have high-quality support with a caring, efficient and hassle-free experience.
Beagle Street’s Director of Protection, Ryan Griffin, said, "We are pleased to have joined the PDG’s Funeral Payment Pledge, as our focus continues to be on meeting customers’ needs and ensuring the process is simple and efficient. Making sure claims are paid out as quickly as possible will reduce the worry for bereaved family members at an already very difficult time.”
Chair of the Protection Distributors Group, Neil McCarthy, said, “It’s really positive to see another insurer pro-actively committing to the Funeral Payment Pledge, advancing a minimum of £5,000 to a funeral director when they otherwise can’t pay a valid claim due to delays such as probate.”
ENDS
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*As at 12 May 2024.
**Source: Bright survey, 2023.