With no medical required and guaranteed acceptance these types of plans are proving very popular as a low cost provision planning for funeral costs or just to leave a cash sum for your next of kin. There are a number of providers offering various  extra benefits all within the existing premium so its worth talking to an adviser with experience across the many plans to ensure you get the right product available. The graph below can give you an indication of what sum assured you could expect for a given monthly premium, but from just 16p per day you could provide a lump sum to help your loved ones cover the costs of your funeral.