How to get a prepaid funeral?
Are you considering a prepaid funeral? At eziFunerals, we believe everyone in Coolabine should be able to access low-cost and easy-to-understand prepaid funerals. That’s why we only work with approved prepaid funeral plan providers that offer safe and secure investments.
Our partner prepaid funeral plan providers in Coolabine have years of experience in funeral fund management. They understand that the loss of a loved one can cause enormous grief for the family and friends left behind. By prepaying your funeral in Coolabine, you can ensure financial hardship of rising funeral costs doesn’t also follow for your family. Because our partners are experienced, member-owned funeral fund providers, you can trust that funeral expenses will be paid promptly and without fuss.
WHY INVEST IN A PREPAID FUNERAL?
A prepaid funeral plan in Coolabine provides the payment security for a prepaid funeral contract between you and a funeral provider and outlines the details and cost of your funeral therefore providing clear guidance for your loved ones. You pay for it at today’s prices regardless of your medical history, which can help financially protect your family and loved ones from the cost of a funeral. Your prepaid funeral in Coolabine is invested in conservatively in managed funds that put aside your funds for your funeral expense. With prepaid funerals in Coolabine you are not locked into a contract to pay monthly funeral insurance premiums.
Key Features of prepaid funerals Coolabine
For funeral expenses only
The investment proceeds can only be released after the death of the life insured to pay for the life insured’s funeral expenses.
Flexible payments
You choose how much you wish to contribute, and you are free to change your saving program at any time. And crucially, as you do not have to make compulsory payments (as with funeral insurance plans). You can either invest a lump sum or make regular or ad-hoc deposits from as little as $50 per month. Therefore, it can be an ideal funeral saving plan.
Predictable and secure
Once paid, your fixed price funeral expenses of your funeral service are locked in at today’s prices and documents how you want your funeral to be undertaken and is subject to the terms and conditions of your contract with your funeral director. Under prepaid funeral legislation, your investment must be securely invested in an approved fund, such as our Fund. Ownership of your investment is then transferred or assigned to your funeral director by way of payment for your funeral service.
Help to maximise your pension
Funeral costs you set aside in the Plan do not count in your assets test for payments from Services Australia (i.e. Age Pension, Carer Payment or Disability Support Pension).
Protect loved ones from inheriting your funeral costs
A funeral service can involve many costs — which a prepaid funeral plan can cover— for things like burial or cremation fees, floral arrangements, funeral vehicles, clergy or celebrants, music fees and more. Plus, when you enter into a prepaid funeral plan, you provide clear guidance for your funeral wishes. At a challenging and emotional time for your family and your loved ones, having these decisions already decided can help to ease both financial and emotional stress.
No limit on investment amount
There is no limit on how much you can invest in a prepaid funeral plan, provided it is a reasonable estimate of the cost of your funeral expenses.
30 day Cooling Off’ period
With prepaid funerals, you will be unable to access your funds after the 30 day “cooling off” period.
CAN I TRANSFER MY PREPAID FUNERAL PLAN?
Most people believe that once a pre-paid funeral contract has been made in Coolabine, the arrangements cannot be moved from that funeral home to another. This is actually not true. You are able to, at any point, transfer your funeral plans to another funeral home should you see fit. Knowing now that you have the ability to transfer your pre-paid funeral plans, you may be wondering why someone would want to.
DO YOU NEED TO TRACE A MISSING FUNERAL PLAN?
The last thing you want to be doing when you have just lost a close family member in Coolabine is hunting around to see if they had already made their funeral arrangements. If a loved one passes away in Coolabine and you think they might have purchased a prepaid funeral plan, but you can’t find any of the information, we may be able to help. Click the link below and we will get to work to find your missing funeral funds.
DISCLAIMER: eziFunerals are not, and do not represent to be, a party to any contract or arrangement entered into between you and a particular funeral director for a prepaid funeral contract for funeral expenses. Any such arrangement or contract is between you and the relevant funeral director. eziFunerals does not accept any responsibility or liability to ensure that the contractual obligations of the funeral director with respect to the Funeral Benefit Funds’ investment are met. Users of this site are subject to eziFunerals privacy policy and terms and conditions. eziFunerals may receive an advertising fee from approved providers.
ABOUT EZIFUNERALS
eziFunerals supports individuals and families cope with end of life decisions, death and funerals. We are an independent, Australian-owned and operated company.
We are not part of any other funeral company. Our member Funeral Directors operate in Sydney, Melbourne, Brisbane, Perth, Adelaide and Australia wide. They are chosen for their knowledge, quality, service, personalisation and experience. They go above and beyond and will take the time to support the family.
For more information or to make contact with a trusted Independent funeral director, call eziFunerals on 1300 236 402 or visit www.ezifunerals.com.au.
