Funeral costs reach an all-time high: SunLife

Increase of 134% from 21 years ago

Jaskeet Briah
clock • 3 min read

The cost of a “simple attended” funeral has reached an all-time high of £4,285 in 2024 amid a 3.5% rise in funeral costs in the past year, with the overall cost of dying now standing at £9,797, according to SunLife.

The 21st edition of the SunLife Cost of Dying report found that costs of a simple funeral – including an attended burial or cremation, funeral director, doctor and celebrant fees, a coffin and limousine – have risen faster than inflation. The price of a simple funeral stood at £1,835 when SunLife first started indexing funeral costs in 2004. While the average cost today would be £3,211 if funeral prices increased at the same rate as inflation, SunLife said funeral costs are now 134% higher than they were 21 years ago, rising from under £2,000 to more than £4,000. The total cost of dyi...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Individual Protection

LifeSearch partners with Yorkshire Building Society

LifeSearch partners with Yorkshire Building Society

No commission to be made for referrals

Jaskeet Briah
clock 13 January 2025 • 2 min read
Claims and Underwriting: Claiming after an induced coma

Claims and Underwriting: Claiming after an induced coma

"Chasing the wrong definition"

Jaskeet Briah
clock 09 January 2025 • 6 min read
Third of young adults turn to influencers for financial education

Third of young adults turn to influencers for financial education

Young adults "unprepared for common financial situations”

Jaskeet Briah
clock 08 January 2025 • 2 min read