Financial Options

There are three financial options available for pre-paying a funeral, each is different and we can assist you to determine which one suits your financial situation.

Pre-paid Funeral

A Pre-paid funeral involves paying for the funeral up front at today's prices. The benefits of a Pre-paid Funeral Plan are:

Your family will be relieved from any financial burden.

It makes good financial sense. By making all of your choices now, you can fix the price of your funeral at today's costs.

You can ensure that your exact wishes are made known and are carried out.

You may be able to maximise your pension entitlement. Any money spent on a Pre-paid Funeral Plan is not subject to the income and assets test or the deemed earnings roles.

Pre-paying provides reassurance for you and your family.

You can protect your loved ones from unnecessary stress related to making difficult decisions at an emotional time. 

Funeral Bond

A Funeral bond is a partial payment that can be made to save towards the cost of the funeral.

Payments can be made regularly as well as lump sum payments as you wish.

Once the target amount is reached, it can be moved into a pre-paid funeral with no more to pay. 

Funeral Insurance

Funeral insurance premiums may start small but increase with age.

You must continue to make premium payments or you lose all funds invested.

You are likely to end up paying much more than the cost of the funeral.

The payment is made to the deceased's family upon death, these funds can be used to meet the cost of the funeral but it does not ensure they will be.