One sector that appears to have escaped the wrath of the credit crunch, is the funeral business, with some up beat news from one of Britain’s biggest, Dignity, who have boosted profits by 17% in the first half of the year.
Dignity carried out 36,400 funerals in the first half of the year, an increase of 1700 on this time last year. The average price for their services rose 6% on last year at £1,973.
Profits have been boosted by the “Pay now, die later” option for funeral plans, with over 200,000 of Dignity’s customers having paid for their services ‘in advance’, and still currently enjoying life.
This is an area that has grown over recent years as costs for ’sending off’ a loved one have soared and many of us do not wish to burden those left behind with having to arrange and pay for the funeral services.
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