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ALL
INCLUSIVE FUNERAL CONTRACTS/
PLANS VIA A FUNERAL HOME
(FORFAITS CONTRATS OBSEQUES)
Each funeral home will have
affiliations with a company who
will provide funeral plans.
Through these plans it is
stipulated that upon your death
a lump sum will be paid to the
funeral home. Alternatively an
‘Assurance de Vie’ (insurance of
life) is a product which gives
access to any capital at the
time of death and is not touched
by inheritance tax.
As part of these plans your
wishes on the type of funeral
you want are written into a
contract. A detailed cost
estimate is then given based on
the services you have requested.
The premium paid is the amount
of the estimate. You can either
pay a lump sum or make monthly,
quarterly or annual payments.
These plans are designed for
people aged 18 to 85 years in
premiums that can be spread over
a period of 1-15 years. However
if you take out a funeral plan
and you are older than 75 years
at the time of taking out the
plan, then you must make a
single payment. No medical
questionnaire or declaration of
your health is required to
purchase a funeral plan.
You can cancel your contract at
any time if you so wish. During
the 30 days following the
signing of the contract this can
be done by sending a letter and
any payments already made will
be reimbursed. Beyond 30 days
the surrender value is then
calculated based on the life of
the contract and the number of
payments made.
Funeral plans are also
operational for all deaths
occurring abroad; however the
stay abroad should not EXCEED 3
MONTHS – the policy will usually
cover repatriation in this case.
It should be noted that these
plans do not include the cost of
cremation or burial which will
have to be paid in addition.
INSURANCE POLICIES – OBTAINED
VIA YOUR INSURANCE PROVIDER
Insurance policies to cover your
funeral expenses are normally
offered by insurance companies
that also provide your house,
car or life insurance.
Anyone between the ages of 18-84
years can usually take out
insurance cover for funeral
expenses without a medical
questionnaire. If you are
self-employed living in France,
paying your Maladie health
insurance payments to a company
e.g. Mutelle Grand Sud, you can
pay an additional sum for
funeral insurance to be added.
If you are not self employed you
can take out insurance cover for
funeral expenses also through
your provider.
An amount is decided upon,
depending on what you believe
would cover your funeral
expenses. This would vary
according to your wishes –
cremation/burial/repatriation.
The policy can then be made out
to a beneficiary who will be
paying for the funeral costs.
Monthly payments vary depending
on your age at commencement, but
can be as little as €20 per
month at the age of 65 years. |
