Pre-Paying A Funeral
Benefits of pre-funding your funeral?
You can also pre-fund your funeral. This can be done by either investing the full amount at the time of the pre-planning, or by having an agreed amount debited directly from your bank account each month.
Once a pre-fund funeral bond or funeral insurance is taken out, it may be assigned to your chosen funeral director. This way, when death does occur, the funeral director has all the necessary details on file and can attend to all the necessary arrangements, causing minimal disruption to grieving loved ones.
- Peace of mind that your family will not be left with the emotional and financial burden of your funeral
- Your investment is administered by a secure and long-standing Friendly Society
- A funeral bond is free of the Centrelink means test, which could mean the difference between a part and full pension entitlement
- Interest earned in the bond is not deemed to be part of your income
- We also guarantee that should the realisation of the bond upon your death result in funds surplus to those required for funeral costs, then these additional funds will be returned to your estate.
If you would like more information about Funeral Bonds or would like a disclosure document and application form forwarded to you please contact us on (02) 6351 2661.
