Total control over a funeral means knowing all details such as the selection of the funeral home, have all been carefully considered and planned according to your wishes. Nothing is left to chance, least of all the rising costs of funerals into the future.
Fix the price, no more to pay
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With a prepaid funeral contract, the price of your funeral is fixed at
today's prices. So there will be no more to pay and you are protected from
the rising cost of funeral prices into the future. |
Choose your funeral director
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You select a preferred Funeral Director to manage your funeral. A legally
binding contract is created between you and this Funeral Director. Copies
of your requirements at an agreed price (the contract) are held by yourself,
your chosen Funeral Director. Monies are invested via FPM into a Friendly
Society Funeral Fund.
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Funds are secure
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Your investment for your funeral will be held independently of the Funeral
Director and invested in a capital guaranteed funeral benefit fund of
a Friendly Society. In the event that the funeral firm you made your arrangements
with ceases to operate, your money will still be available to meet the
cost of the funeral with an alternate Funeral Director of your choice.
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Pay in lump sum or with a payment plan
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You can choose to pay for your funeral arrangements as a single lump
sum or in instalments up to and within a 3-year period.
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Secure process for payment of the benefit
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The Funeral Director will only be paid the proceeds of your investment
when proof that the agreed funeral service has been provided.
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Social security advantages
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A prepaid funeral is not viewed as part of your personal assets. It is
also exempt from the Centrelink and Department of Veteran Affairs Income
and Assets Test. Therefore, the investment may improve your pension entitlements.
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No restrictions |
You are able to obtain a prepaid funeral plan regardless of your age or
condition of health. |
Peace of mind |
You can have peace of mind knowing that you have organised, planned and
paid for your funeral, thereby alleviating this burden from family and friends. |
The information provided on this site is not a personal security recommendation.