How does the Funeral Plan differ to the Funeral Benefit Option?
The Funeral Plan guarantees to provide the funeral services covered by the plan, providing all premiums and benefit increases are accepted at each annual review. The Funeral Benefit Option does not guarantee any funeral services, its a process for ‘charging’ the proceeds from your Over 50s Fixed or Increasing Life Insurance Plan to Dignity, so that the cash sum can be used towards the cost of the funeral.
The Funeral Plan guarantees to provide the funeral services covered by the plan, providing all premiums and benefit increases are accepted at each annual review. The Funeral Benefit Option does not guarantee any funeral services, its a process for ‘charging’ the proceeds from your Over 50s Fixed or Increasing Life Insurance Plan to Dignity, so that the cash sum can be used towards the cost of your funeral.
Related Questions
- My benefit plan offers me the option of going to practitioners outside of PBH’s network. Can the practitioner I select still use the PBH outcome questionnaires during my treatment?
- With the Funeral Benefit Option, what happens if the cost of a funeral is greater than the cash sum from the plan?
- Under the Funeral Plan or the Funeral Benefit Option, what does the term Charge mean?
