Sureplan is a mutual life insurance company that is a specialist funeral fund provider. As a mutual, Sureplan is owned by its members (like a mutual bank, building society or credit union) and therefore is not liable to pay dividends to third party shareholders. Rather, members directly benefit in the form of lower premiums (funeral insurance) and higher returns (funeral bond). Originally called The Public Service Death Benefit Society of Queensland, Sureplan commenced in 1935 with the launch of our memorial service insurance plan, Sureplan Family Fund.
Today Sureplan Friendly Society Ltd has more than 29,000 members and $175M in assets. It prides itself in being a caring entity for its members' benefit by providing positive and truly beneficial funeral insurance and funeral saving/investment options.
The actions of the Society are regulated by the Australian Prudential Regulation Authority, the Corporations Act 2001 and the Life Insurance Act 1995.
This Fund is currently not accepting applications for membership. Current members still enjoy Australia's best value funeral insurance for the Under 56s and its unique features;
In July 1998 Sureplan introduced Sureplan Gold which is a conservatively managed funeral bond that is an ideal way to either prepay funeral expenses or use as a funeral saving plan.
With Sureplan Gold there are no entry, contribution or exit fees and members can contribute with a lump sum and/or from as little as $50 per month. Members are free to stop contributing whenever they choose without penalty. The funeral benefit payable is the amount accumulated from their own contributions plus bonuses (fund returns).
We at Sureplan understand that our members provide funds for their funeral expenses to relieve their family of much of the associated financial stress. That is why we guarantee to pay their funeral benefit within 1 working day of receiving independent confirmation of their death. There is no paperwork required for the family – all we require is a phone call.
Please call us on 1800 817 105 or email on and we will be delighted to assist you.