Another provider joins the funeral pledge
11th August, 2017
Income protection provider British Friendly has joined other insurers in signing on to the Protection Distributor Group's (PDG) funeral payment pledge, and has already paid its first claim.
As part of the pledge, insurers are asked to pay a minimum of £5,000 upfront at claims stage, to ensure loved ones can pay for costs such as funerals.
Early in 2016, British Friendly launched their additional Bereavement Benefit to its Mutual Benefits programme, which now meets the criteria for the PDG funeral pledge. This provides a lump sum to those that suffer the loss of a spouse, partner or child, at no extra cost.
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