Mother-In-Law refuses to get life insurance

MrsE_2

Mojisola wrote: »

It does cover the funeral - you pay the cost at whatever today's price is and it covers your funeral when you die.

You select what you want - church, burial, cremation, no service - and can specify your selection of music and reading, flowers/no flowers, etc.

My parents didn't go into minute detail so we made the decisions about the hymns and readings but I found that quite therapeutic.

Yes, but you need to have a lump sum go buy it.
I'm saying its a shame they dont do installment plans for those who don't have 3-4k for it.

Mojisola

MrsE wrote: »

Yes, but you need to have a lump sum go buy it.
I'm saying its a shame they dont do installment plans for those who don't have 3-4k for it.

No, you don't! My parents paid in monthly for several years until the plans were fully paid up.

meritaten

the co-op do prepayment. so do many independent funeral directors.
and the OP is so negative towards all advice I am wondering what he expects? advice to dump his MIL in a ditch somewhere?

johnswife

http://www.naturaldeath.org.uk/index.php?page=keeping-funeral-costs-down

jetplane

I'm not understanding why people are calling the OP a troll, wanting the thread deleted or telling him to suck it up. This is a money saving site and how many of us would be able to pull out £3000 plus for something which was avoidable?

The OP did ask if it were possible to take out a policy on her so was trying to prevent the worst happening. Even if it was a wind up it is an actual dilemma for some people. And while the woman may have brought her children up how do we not know that the children have not been looking after her for many years. Maybe this woman has shown this selfish attitude all of her life?

The OP is quite right in saying that other two siblings on benefits would be eligible to apply for a grant towards the cost. However the DWP would ask about other siblings and conclude that the OP's wife had an equal relationship with the deceased, therefore she could pay and refuse the grant. Her siblings would need to show that they had more responsibility / closer relationship towards their mother, hence the OP mentioning estrangement.

MrsE_2

Mojisola wrote: »

No, you don't! My parents paid in monthly for several years until the plans were fully paid up.

Maybe if you could provide a link that that it would resolve the OPs problems.
I'm guessing a funeral director will let you pay off a funeral package for someone else, it's not like insurance.

MrsE_2

http://www.co-operativefuneralcare.co.uk/terms-and-conditions/


See this isn't a payment plan like layaway, this is £30 a month till death.
Quite different.
I can't find a set payment plan rather than a insurance type payment plan.

duchy

I did some auditing work for the Co Op and yes you pay monthly . From memory if you want to pay no interest you can pay over a year or you can choose to pay over three or five years. It fixes the price regardless of if you die a year after it is paid up or twenty years. You choose what you want eg grade of casket if you want extra cars etc. if you die before it is paid off then that amount goes towards the funeral.....and if you want to upgrade say have extra cars or a better coffin etc the family can choose to do that and pay the extra costs at the rate in effect when the person dies.

Maybe getting MIL to do this and paying the monthly direct debit yourself is the way to go if you are going to end up paying it yourself anyway. You may feel she should pay but if she simply won't this would at least avoid a large payment at short notice.


I just checked their page it costs £65 a month over sixty months for a bronze package which covers everything and fixes the cost. Not sure where mrs e is looking I just looked up the basic package and then looked at the spread the cost option. Shorter terms are available too which obviously means less interest. No link as I'm on the iPad.

Age UKi is much cheaper btw but the way it operates seems the same.

Mojisola

MrsE wrote: »

Maybe if you could provide a link that that it would resolve the OPs problems.

https://www.ageuk.org.uk/products/financial-products-and-services/funeral-plan/
You can pay for your Age UK Funeral Plan in one lump sum, or spread the funeral plan costs with one of our monthly instalment options.

MrsE_2

Mojisola wrote: »

https://www.ageuk.org.uk/products/financial-products-and-services/funeral-plan/
You can pay for your Age UK Funeral Plan in one lump sum, or spread the funeral plan costs with one of our monthly instalment options.

Brilliant, so the OP can put away £35 a month for 10 years & have the mils funeral covered.