Protecting your funeral directors business from the unexpected risks and potential problems that might come your way is an area in which QuoteRack's specialist insurance brokers can help you. Their Funeral Directors Combined Insurance policy covers not only you and your undertakers business, but can also be extended to include the various end-of-life services and suppliers associated directly with or through your business, such as celebrants, stonemasons, crematoriums and other suppliers upon which your services depend.
This is not a 'one size fits all' policy. We understand that many funeral directors require cover for some areas of their business and not others, so why should you pay for the cover that you don't really need? By creating a bespoke funeral directors combined insurance policy that has been tailored specifically to your undertakers business insurance needs, your insurance costs are kept to a minimum while also giving you the peace of mind that comes from knowing that your funeral parlour business insurance requirements have been met.
What Does Funeral Directors Insurance Cover?
Some of the main areas covered by funeral directors insurance include:
- Your funeral parlour buildings, offices and office contents, including funeral home insurance
- Public liability insurance, giving you cover for claims made against you for any injuries sustained by your clients and members of the public
- Employers liability insurance, which protects your staff (full-time, part-time and temporary staff) against injuries while they are at work
- Business interruption cover - if you have buildings and /or contents insurance, cover for loss of revenue can be included
- Loss of the deceased's personal possessions
- Loss or damage to plant, machinery, merchandise and stock
- Cover for stone masonry, statues and gravestones kept outside
- Professional indemnity insurance, to protect you against claims for professional negligence made by clients or other third parties
- Cyber insurance, covering the various technology and IT services that your business depends on, such as loss of data, IT equipment and ransomware costs
Funeral Directors Hearse Insurance
Cover for funeral cars, limousines and hearses can also be quoted for, depending upon the size of your fleet, its overall value and previous claims experience.
Why Do I Need Funeral Directors Insurance?
With the best will in the world, things can go wrong, even for the most professional, efficient and experienced funeral directors. Despite your best efforts and compassion, your business's reputation is on the line each time you arrange a funeral and grieving families expect you and your staff to perform the services you provide faultlessly. Small mistakes can spoil a family's day, so it makes sense to give yourself the best protection against mishaps and mistakes.
A comprehensive, bespoke funeral directors combined insurance policy will give you the best chance of avoiding the financial penalties that can arise when things go wrong.
How Much Does Funeral Directors Insurance Cost?
Perhaps predictably, this is a bit of a 'how long is a piece of string' question. Each case is different, each funeral directors business is different, what you would like included or excluded from the policy, how many staff you have, your turnover, number of cars and hearses, the range of services you provide - these all affect the overall cost of cover.
Suffice to say that our specialist insurance brokers will talk you through the various options available to you, the costs associated with each and the overall premium you will pay, either monthly or annually.
Understanding the Funeral Director Code and Its Impact on Your Business
The Funeral Director Code, introduced by the National Association of Funeral Directors (NAFD), sets comprehensive standards for funeral service providers. This code, which aligns closely with the Funeral Service Consumer Standards Review, emphasises transparency, quality care, and ethical practices across all aspects of funeral services. With requirements ranging from price transparency to maintaining mortuary standards, this code aims to uphold public trust and ensure that funeral directors operate responsibly. Compliance is essential for businesses, and funeral directors should familiarise themselves with the code to align with the latest industry standards and maintain client trust.
How Do I Get a Quote For Funeral Directors Insurance?
This is the easy bit - just click the 'Get a Quote' button and complete the simple online form. Your details will be sent directly to an insurance broker that specialises in precisely the type of funeral directors' insurance you are considering. There is no cost, commitment or obligation to proceed.
Funeral Directors Insurance FAQs
Unsure about Funeral Directors Insurance and still have lingering questions? We're here to help!
We've compiled a list of the most frequently asked questions along with the answers you're looking for.
Public Liability Insurance: Covers accidents and injuries that occur on the premises. Professional Indemnity Insurance: Protects against claims of negligence or malpractice.
Property Insurance: Covers the funeral home and its contents.
Employers Liability Insurance: Required if you have employees, covering work-related injuries. Funeral Car and Hearse Insurance: For vehicles used in the business, such as hearses.
It protects funeral directors from lawsuits claiming negligence or failure to perform professional duties, such as mishandling remains or providing inadequate services.
Assess your assets, the size of your business and the risks associated with your services. Consulting with an insurance broker familiar with the funeral industry can help tailor cover to your needs.
Factors include the size of your business, the types of services offered, location, claims history, and the cover limits you choose.
Many insurance providers offer discounts if you bundle different types of cover, such as public and employers liability.
Notify your insurance provider immediately and provide them with all relevant information. They will guide you through the claims process.
Funeral cars and hearses can be covered under the terms of your funeral directors insurance.
Generally, your insurer will send a renewal notice before your policy expires. It's a good time to consider getting alternative quotes.
As your funeral business expands, if you intend offering additional services, your insurance broker will guide you through the process of extending your business insurance policy to cover the changes in your business.
Business interruption insurance is an option available to you and can be included in your quote for funeral directors combined insurance policy.