The rising costs of funerals

You’ve spent all your life taking care of your family, and the last thing you want is to leave them with a financial burden. So it makes sense to think ahead and consider how they would pay for your funeral.

As the chart below shows, the cost of funerals has continued to rise each year. In 2007 the average cost was £2,288*, in 2014 this had gone up to £3,527**, and if the average cost continues to rise at the same rate, by 2021 it could be £5,438.***

AA Over 50s Life Insurance, provided by Legal & General, will provide a cash sum if you die after one year. The cash sum won't necessarily cover the full cost of a funeral, but could provide a contribution towards it. Or the money could help with other outstanding bills or costs. For information on our plans please visit our fixed and increasing plans page.

The figures below show how rising prices of funerals can affect your cover. The costs of a funeral are based on averages, so may be more or less than these amounts depending on where you live and the funeral company you use.

Depending on your circumstances, you or a partner may be eligible for state support in paying funeral costs. Visit for more information.

Rising funeral costs graph

* Mintel: Funerals - UK - January 2007
** Funeral Cost Research carried out by Matter Communications, 2014
*** 2021 compounded growth rate forecast based on the average increase of 6.38% each year between 2007 and 2014.

You can get a quick quote using our calculator and if you aren't sure whether to choose a fixed or increasing life insurance plan, you could use our comparison table to help you decide.