Shepherds Friendly adds Funeral Benefits Options to Over 50s life cover

The benefit will be available to both direct and intermediated customers of the mutual society. The FBO is optional to Shepherds Friendly members, meaning policyholders can nominate their cash lump sum to be received by Co-op Funeralcare to be used towards the cost of their funeral in the event of death. Co-op Funeralcare will appoint a funeral director plus offer a discount of up to £250 from the final cost of the funeral. The amount of the discount depends on the type of funeral chosen. Ann-Marie O'Dea, chief executive Officer at Shepherds Friendly, said: "We selected Co-op Funer...