Sureplan is different to other companies that offer funeral insurance in Australia. Believe it or not there are 14 companies offering funeral insurance in Australia according to research company Canstar, including Sureplan The other 13 are all for-profit life insurance companies whereas Sureplan is a mutual life insurer. Being a mutual friendly society, Sureplan has … Read more
It is not surprising to learn, according to a report from the Australian Bureau of Statistics (ABS), that 63% of people who died in 2015 were aged 75 or over. What may be surprising for some is that the ABS figures also show that 13.5% of the deaths in this year were people aged under … Read more
There have been many articles in recent years highlighting the poor practices of some funeral insurance providers. In many cases these articles have centred on the poor value of some funeral insurance plans and commented that customers could end up paying premiums of up to 5 or 6 times the final payout. While unfortunately this … Read more
The Government has announced changes to the Assets Test that will apply to pension entitlements from 1 January 2017. There will be an increase in the Asset test free thresholds which will allow for an estimated 50,000 more Australians to qualify for a full pension (“SuperGuide” – June 2016).However, the rate at which a pension … Read more
Many of us will later in life come to a decision that we should get something in place to pay for our funeral. Some will consider taking out funeral insurance especially if we are have been exposed to the many advertisements shown on daytime television – you know those highly emotional ones that can make … Read more
If you are seeking Government assistance to help meet the accommodation and care costs of an aged care home, investing in Sureplan Gold funeral bond may be beneficial. To determine if you are eligible for Government assistance you will first need to complete an Income & Assets Test undertaken by either the Department of Human … Read more
Baby Boomers Taking Control Funeral directors are reporting that there is a trend with Baby Boomers to preplan their funeral arrangements and, unlike previous generations, customise the arrangements to reflect their personality and lifestyle. Examples of this include having the coffin draped in their favourite footy team’s colours, the playing of their favourite songs and … Read more