In many cases consumers make the decision to invest in a funeral bond because of the influence of a life event such as planning for retirement or entering into aged care accommodation.  For both these events it can be advantageous for a pensioner to divest assessable assets by investing in a funeral bond. As at … Read more

Using a funeral bond such as Sureplan Gold to put aside funds for your funeral is a simple and easy method of ensuring that funds are available for your family when required. If you are an asset-tested pensioner you can place $13,250 in Sureplan Gold and have it not treated as an asset for pension … Read more

Many of us want to put aside the funds to ensure our family is not up for the expense of our funeral. A good way to do this is with a funeral bond such as Sureplan Gold. Sureplan Gold is secure, flexible and cost effective – you can contribute with a lump sum or regular … Read more

Sureplan Gold is a secure funeral bond fund issued by Sureplan Friendly Society Ltd. Sureplan is a specialist mutual funeral fund manager and has literally helped thousands of Australian families since commencing business in 1935. Subject to a threshold limit set by Centrelink, a pensioner can invest a sum of money in a funeral bond … Read more

Recently the Australian Bureau of Statistics (ABS) released data on the causes of death in Australia for 2017. In total there were 160,909 deaths this year, with 82,858 being males and 78,051 females. The leading cause of death for females in 2017 was Dementia and Alzheimer disease (11%) while for males it was Coronary Heart … Read more

When wishing to provide funds for a funeral expense you have three options; 1. Taking out a funeral insurance policy, 2.  Investing in a funeral bond or 3. Entering into a prepaid funeral contract with a funeral business. The following summaries set out the major pros and cons for each. Funeral Insurance As funeral insurance … Read more

Funeral expenses cover will pay for the designated costs of a funeral up to the amount of cover selected. An invoice from a funeral director to support a claim will normally need to be provided and the invoice total will determine the amount to be paid. Should the cost of your funeral be less than … Read more

There are a few features that will determine if the funeral plan you are considering is a fair and reasonable policy; The age when premiums cease With some funeral insurance plans premiums are payable until age 90, while with others, premiums are only payable to age 80.  The saving of 10 years of premiums can … Read more

Most funeral insurers will need a written claim form to be completed and some will want to see a copy of a death certificate, while others may also want to obtain a copy of the funeral director’s invoice before paying out a claim.  This can mean that the payment is not received by the family … Read more

When you have selected the amount of cover you wish and obtained the premium payable, ensure to get answers to these questions – if you are unable to obtain these answers then make sure this funeral insurance policy is in your best interests; Will my premium increase and if so what will it be for … Read more