Keeping your money safe
How your money is safeguarded
All plan holder funds are safeguarded until needed. Here’s how:
Single & Fixed Term Payment Plans
Just like other big funeral plan providers in the UK, we use a Trust to safeguard the funds needed to meet funeral expenses
Whether you’ve paid in a single lump sum or over a fixed number of instalments, then your money will be placed into a secure, independently managed Trust
When the money is needed for a cremation, the Trust requires an invoice, proof of death and 2 Trustee signatures to allow the funds to be released to pay for it
Continuous Payment Plans
Your monthly payments are used to purchase a ‘whole of life’ policy from Scottish Friendly, one of the largest mutual life companies in the UK which has been around since 1862
The insurer can only make a payment under the plan to provide the planholder’s funeral or provide a customer refund. If the firm is in default then payments will be made to the customer, their next of kin or another party based on the findings of the Financial Services Compensation Scheme
All of our plan holders receive the same level of care from Pure Cremation Limited's lovely people
Plan holders’ money is kept safe until it is needed
A Trust with 117.0% funding
At the last review on 31/12/22, the Trust had a very healthy surplus, with a funding level of 117.0% calculated on a best estimate basis, meaning that the Trust has more than enough funds to cover the costs of all plan holders’ cremations as promised. The Trust surplus is monitored monthly by both the Trustees and the Board of Directors to ensure this strength is maintained.
To see a summary of the Trust’s solvency position please click here.
Meet the Trustees
The Trust is managed by four Trustees
The Trustees have three principal responsibilities:
The appointment of a qualified, FCA registered investment manager to look after the funds placed into the Trust – this is Oberon Investments Group plc
The appointment of a suitable funeral provider to carry out plan-holders’ wishes – this is Pure Cremation Ltd
Overseeing the management of the Trust to ensure that funeral expenses can be met and producing the annual report
Free Funeral Plan guide
Request our complete guide today - explore whether a Pure Cremation Plan is right for you and discover the different payment options available. If you would like to request an audio version, please call us.
Get in touch. We’re only a phone call away
Our lovely people will help you get started and answer any questions.
For a prepaid funeral plan from Pure Cremation Funeral Planning Ltd
Mon-Fri: 8:30am-6pm, Sat: 9am-5pm, Bank Holidays: 10am-4pm.
To arrange a funeral with Pure Cremation Ltd
Lines open 24 hours, 7 days a week.