In addition to pre-arranging your funeral details you may wish to make provision financially and pay off your funeral in instalments. A Funeral Bond is an interest bearing ‘savings account’ specifically set aside for your funeral. When the bond is fully paid and interest added it is estimated to cover the cost of the funeral. When the time comes, should there be a shortfall, more will be payable. If there is an excess, that amount is paid back to the estate.

• You can ensure that a substantial amount of the funeral costs will be covered, protecting your family from the distress of having to find substantial funds at relatively short notice.
• For Centrelink or Veterans’ Affairs pension recipients, a funeral bond may enable you to maximise your pension entitlement. Money spent on a Funeral Bond is not subject to the income and assets test or deemed earnings rules (according to current legislation March 2008)
• A Funeral Bond is specifically designed to hold your invested payments in a secure and independent environment. The company chosen by Bethel Funerals is Funeral Plan Management Pty Ltd.