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Are prepaid funerals a good idea?

Pre-paid funerals have come under fire recently, with Choice, Australia’s leading consumer advocacy group, claiming that some funeral providers are unfairly profiting from Australians who purchase pre-paid plans. “Australians don’t always get the full benefits when it comes to prepaid plans,” Choice’s investigative journalist Saimi Jeong said. According to the Choice, InvoCare made $800,000 in 2019 […]

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What are the pros & cons of prepaid funerals?

What you need to know Most funeral directors allow people to ‘prepay’ their funeral, with the cost calculated on the choices that the person selects, such as the style of coffin and the type of service. These funerals are in ‘today’s dollars’ and can be paid as a lump sum or in instalments. This is […]

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Be Wary! – Who Has Access To Your Funeral Bond?

Tens of thousands of people are at risk of losing thousands of dollars because of a growing conflict of interest amongst those selling funeral bonds, says Australia’s first website to empower consumers around the funeral industry. Peter Erceg, Founder of eziFunerals, says although funeral insurance products gained unfavourable attention at the recent Royal Commission into […]

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