In addition to pre-arranging your funeral details you may wish to make provision financially and pay off your funeral in instalments or place a lump sum in a dedicated funeral account. 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 are excess funds, 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).

Bethel Funerals uses Funeral Planning Australia Pty Ltd to hold your Funeral Bond payment in a secure and independent location.

Please contact our Pre-planning Consultant if you would like an information pack or to make an appointment to put your Funeral Bond in place.