Coop Funeral Plans Review 

Key Points

  • plans guarantee your cremation & burial fees at today's prices
  • you can only use a Co-op Funeral Director
  • the Gold Plan was awarded 5 Stars by Defaqto
  • plans could lack flexibility
  • small print ambiguous around what should happen if they went bust 

Read our Coop Review to understand the benefits and pitfalls; and then read our other funeral plan reviews

Who is the Coop?

This funeral plan review will focus on Coop Funeral Plans known as Coop Funeralcare, the largest Funeral Director with more than £1,000 funeral homes throughout the UK.

Co op Funeralcare has been providing funeral services for more than 80 years in addition to banking, insurance, legal services and of course food. 

Which funeral plans do they offer?

Co op funeral plans consist of set or tailor made plans that are bespoke to your individual requirements. Their set plans include Simple, Bronze, Silver and Gold levels of service which are the ones we will focus on for the purposes of this funeral plans review.

Co op Simple funeral plan – has a full guarantee for the funeral directors services which includes their help and guidance with the documentation; use of the chapel of rest, funeral services on the day; a simple coffin and a hearse.

The plan also includes a full guarantee for the third party costs for a burial or cremation. Please note that with the Simple plan some restrictions to the date and time of the funeral service may apply and for burial services, a burial plot is not included so will need to be purchased separately.

Co op Bronze funeral plan - has a full guarantee for the funeral directors services which includes their help and guidance with the documentation; use of the chapel of rest, embalming, funeral services on the day; a wood effect coffin, hearse and funeral procession.

The plan also includes a full guarantee for the third party costs for a burial or cremation. Please note for burial services, a burial plot is not included so will need to be purchased separately.

Co op Silver funeral plan  - has a full guarantee for the funeral directors services which includes their help and guidance with the documentation; use of the chapel of rest, embalming, funeral services on the day; a quality wood effect coffin, hearse, one limousine and funeral procession.

The plan also includes a full guarantee for the third party costs for a burial or cremation. Please note for burial services, a burial plot is not included so will need to be purchased separately.

Co op Gold funeral plan - has a full guarantee for the funeral directors services which includes their help and guidance with the documentation; use of the chapel of rest, embalming, funeral services on the day; a quality wood veneer coffin, hearse, two limousines and funeral procession.

The plan also includes a full guarantee for the third party costs for a burial or cremation. Please note for burial services, a burial plot is not included so will need to be purchased separately.

Which funeral services are guaranteed?

The all important part of the funeral plan review that lets you know what funeral costs are guaranteed and those that are not:

Guaranteed Services

The funeral directors costs are guaranteed in all of the Coop funeral plans so there will be nothing left to pay for the services included which essentially consist of their help and guidance with the documentation, funeral services on the day, use of the chapel of rest, coffin, hearse and limousine depending on the level you choose.

The most notable difference compared to all other funeral plan providers apart from Dignity is that Co op funeral plans also importantly include a full guarantee for cremation fees and minister’s fees. They also have a guarantee that the doctor’s fees will be covered but this shouldn’t be an issue anyway in the near future once the current law requiring a second death certificate for cremation funerals has changed.

The Co op funeral plan is also the only plan to include a guarantee for the burial third party costs too however this does not include a burial plot.

Service Not Guaranteed

As previously mentioned, the Co op funeral plans offer comprehensive cover for both cremation and burial fees; everything included in the plan is guaranteed.

Will there be more for my family to pay?

No, although please note that if you choose the burial option, you or your family will need to pay for a burial plot.

What is the Coop's Defaqto Star Rating?

To assist in your funeral plan review, Defaqto the independent researcher of financial products has rated Coop funeral plans. To see their funeral plan Defaqto rating, please click here

How can I be sure my money is safe?

Another very important part of this funeral plan review is to note that Co op Funeralcare is registered and regulated by the Funeral Planning Authority (FPA) so therefore has to abide by their strict rules and code of conduct.

When you buy a Co op funeral plan your money is invested in a whole of life insurance plan and therefore regulated by the Financial Conduct Authority (FCA).

How can I pay for my funeral?

With a Single Payment

You can choose to pay for your Co op funeral plan in full or over 6 or 12 months and the cost will be the same. Basically there are no additional fees for spreading your costs over 6 or 12 months.

Monthly Instalments

If you prefer to spread your costs over a longer period then instalment options are available between 2 and 25 years depending on age. The maximum age limit on instalments means you must have completed paying for your Co op Funeral Plan by your 80th birthday.

As with all funeral plans, instalment fees do apply for this payment option.

If you were to die prior to completing the monthly instalments, the outstanding balance would need to be paid for by the person arranging the funeral before any funeral arrangements can be made. Alternatively the plan can be cancelled and the money paid into the plan would be refunded minus the Co op cancelation fee.

Fixed Monthly Payment Plan

Finally Co op Funeralcare also offer a Fixed Monthly Payment Plan. You pay a fixed monthly premium based on your age and the level of service you prefer and are covered after the first two years. Instalments are payable until you are 90 so depending on how long you live, there may be a chance you pay more into the plan than the cost of the funeral. 

Is there an age limit on Coop plans?

Coop funeral plans are available to UK residents who are 18 years and older. There is no maximum age when paying in full but with the instalment options you need to have completed your monthly payments by the age of 80

Can I choose either cremation or a burial funeral

Co op Funeralcare offer burial or cremation funeral plans – you select your preferred option when you apply.

Who will my funeral director be?

There are more than 1,000 Co op funeral directors located across the UK so you can select which of their funeral homes you would like to carry out the service.

Can I cancel my funeral plan?

When you apply for a Co op funeral plan you have a 30 day free cancelation period which gives you chance to review the details of the plan and if it doesn’t suit your needs, you can cancel and receive a full refund.

A cancelation fee of £250 will apply if you cancel your Co op funeral plan after the initial 30 day period has lapsed. 

What happens if I move home?

If you move the Coop funeral plan moves with you at no extra cost.

Do Coop plans offer any additional features?

The main features with the Co op are the full guarantee for cremation or burial funerals.

Plans also include embalming which often isn’t included in other plan providers service however if your funeral takes place within the usual timeframes of 1 to 2 weeks, embalming isn’t a requirement so it wouldn’t be worth buying a plan just for this feature alone.

Funeral Plans

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Coop Funeral Plans Review Verdict

Co op funeral plans offer more than most – a full guarantee for both cremation and burial funerals.

Three points to consider are that their set plans do not offer flexibility, so you can not add cars etc as required.

Secondly their burial plan offers a guarantee for the burial services but this does not include payment of any form for the actual burial plot - so this will be extra charge.

Finally their terms and conditions state that if anything were to happen to the company, you would receive the money you had paid into the plan minus any wind up fees. Therefore the most you would receive would be the price you had paid for the plan which wouldn’t have kept up with inflation and therefore could be insufficient to pay for a funeral. 

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