Absolutely! Every penny you pay, whether in instalments or as a lump sum, is securely invested into an independent trust fund.
The Compare Funerals Purpose Trust (“the Trust”) serves as the independent financial safeguard for the funeral plans provided by Compare Funerals Limited and Compare Funerals SL (collectively referred to as “the Company”). This arrangement ensures that all funds deposited into the Trust are protected and allocated exclusively for future funeral services, in accordance with the agreed funeral plan contracts.
Independent and Secure Management. The Trust operates independently from the Company, with its assets legally separated. It is overseen by an experienced and predominantly independent board of trustees. These trustees are authorised and regulated by the Guernsey Financial Services Commission, providing further assurance of professionalism and accountability.
Ensuring Fulfilment of Obligations. The Trust is appointed as the professional trustee to uphold the Company’s commitment to fulfilling the terms of every funeral plan with the utmost integrity. This guarantees that each funeral plan is carried out to the satisfaction of the plan holder’s family and loved ones.
Transparency and Confidence. By offering detailed information about the Trust and its operation, the Company aims to instil confidence in current and prospective plan holders. This transparency ensures that you can make an informed choice and feel secure in selecting Compare Funerals as your trusted funeral plan provider.