Prepaid Funerals

Just like writing a will, Bethel Prepaid Funeral Plans help you get things in order, long before it is needed. With Prepaid Funeral Plans, you benefit from having prepaid funeral costs fixed at today’s rates, protecting you and your family from any future increases. Most importantly, you will have peace of mind knowing that your wishes will be thoughtfully carried out and your loved ones won’t need to find money to pay for the service at that time.

Pre-arranged Funeral

Pre-arranged funerals are similar to prepaid funerals, in which you plan the funeral requisites and services for the future, however the payment of the funeral is made once the service is conducted. A way to organise a pre-arranged funeral with us is by filling out your requests in our Personal Profile record.

By choosing us for prepaid funerals or pre-arranged funeral plans, you will not only be looking after your wishes and leaving behind much love and precious memories, but will also be leaving a legacy that will bring hope to the hearts and lives of many other families.

To learn more about our Funeral Plans, use the calculator below or contact us to make an enquiry.

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Pre-Paid Funeral Calculator

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6,000
$1,000 $50,000
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My Results

  • No Protection

    One off payment in 44 years **

  • $26,338
  • Insurance Premiums

    Premiums to pay over the next 44 years **

  • $47,340
  • Pre-Paid Funeral

    One off payment today

  • $6,000
**This calculator is to be used as a guide and is not to be substituted for specific financial advice.
The calculation figures are based on averages across the market.

Prepaid Funeral FAQs

How do I create a prepaid funeral plan?

The process of creating a prepaid funeral plan is quick and simple, with no health checks required or excessive paperwork. Our professional staff are there to walk you through each step and answer any questions to ensure your funeral plan is tailored to your needs and to suit your budget. Just give us a call to get started.

A great way to start planning your prepaid funeral is by downloading our free Personal Preference Record. This easy to fill out form will guide you through pre-planning your own life celebration. It will prove very valuable to your family and Bethel Funerals, when it comes time to arrange a funeral. It will cover information such as:

  • Complete documentation at the time of the funeral, like for the Department of Births, Deaths and Marriages to register a death.
  • Clarify your wishes regarding your funeral preferences
  • Show how you would like to be remembered and capture any important details regarding your funeral, such as your desired funeral style, location, songs, and where you would like to be buried or cremated

Is it difficult to plan a prepaid funeral?

No, the process of creating a prepaid funeral plan is quick and simple, with no excessive paperwork or health checks required.

To help with your planning, simply download and complete our free Personal Preference Record. You can simply store this in a safe place, or speak to a member of our friendly team at Bethel Funerals to finalise your prepaid funeral plan with us.

Is help available if I need some assistance when planning my prepaid funeral?

Yes. All accredited funeral directors are well placed to provide help. At Bethel, our friendly and professional team members are available to walk you through each step of the planning process and are there to answer any questions you may have to ensure your funeral plan is tailored to your needs and suits your budget.

How do I pay for a Prepaid funeral?

Payment for your funeral can be made in one lump sum, or if you prefer, a payment plan of a few easy to manage instalments can be arranged. Payment can be provided by direct bank transfer, cheque or credit card payment.

Is my Prepaid funeral plan protected against price increases?

Yes, the cost of your funeral will be fixed at today’s prices and are protected against any future increase in price. So, depending on how long before you undertake the funeral, this could save you thousands of dollars as the average cost of funerals has increased steadily over the last decade.

Will my family need to worry about paying any extra money for my funeral?

This is unlikely. Because all the essential components of the prepaid funeral will have been fully paid for, your family is protected against any excessive financial burdens from the cost of the funeral.

Is there any additional peace of mind my family will have?

Once you have prepaid for your funeral service with Bethel Funerals you can relax with the peace of mind knowing that all the details of your funeral are taken care of and that you have really helped your family prepare for a special celebration with all your personal touches.

Am I eligible to purchase a prepaid funeral plan?

Yes, you are. Unlike with some other funeral planning products, anyone is able to purchase a prepaid funeral plan, regardless of their age or health.

Where will the money for my prepaid funeral be held?

All money you pay to us for your prepaid funeral will be transferred into an authorised and independent deposit taking institute (such as a friendly society or investment manager). This will usually happen within seven days of us receiving your payments.

Once the funds are received by the independent institution, we will notify you in writing detailing exactly how much money has been deposited. If this does not match what you have paid to us or you believe there has been an error, please don’t hesitate to get in contact with us so we can sort out any discrepancies together.

What happens in the event that Bethel goes out of business?

Bethel Funerals has been providing Christ-like care for grieving families and friends since 1997, so while extremely unlikely, in the event that we were to go out of business, your money is protected and will not be lost.

Because your money is held in an independent deposit taking institution you would simply be able to transfer your prepaid funeral plan to another funeral director of your choosing.

Can I pay in instalments?

Yes, you can arrange to pay for your prepaid funeral in a few, easy to manage instalments. We can arrange for a regular payment to be debited directly from a bank account of your choosing.

Can my prepaid funeral plan be personalised?

Your prepaid funeral can absolutely be customised and personalised as if you were planning a funeral for someone today.

Do I have any protection under Australian consumer law?

Generally speaking, you are well protected under Australian laws when it comes to prepaid funerals. In addition to Commonwealth laws, you also have the protection of state laws specific to Victoria and Queensland for further peace of mind. For more information about consumer protection laws in your state, see the government websites below.

Victoria – Consumer Affairs: Pre-paid funerals

Queensland – Fair Trading: Pre-plan your funeral

What happens if I move State?

With our beautiful chapels located across Brisbane and Melbourne, we can easily transfer your funeral plan between the States of Queensland and Victoria.

For all other States and Territories, if you (or your family) are able to find another funeral director who is happy to perform your funeral as planned, we can simply re-assign your plan to them. If not, there is no need to be concerned that your money is lost. You still own the prepaid funds and they will be paid directly to your estate.

What happens if I want to make changes to my funeral arrangements after my prepaid funeral plan has been finalised?

Because we take the time to walk you through all the options at the time of creating your prepaid funeral plan, we have found that most of our customers are satisfied with their choices when they finalise their plan.

However, we do understand that as time passes, your preferences around things like the chapel location or the music to be played in your service might change. So, to give you that extra peace of mind when planning your funeral, we will happily accommodate any changes to details within the bounds of what is agreed upon in your finalised plan.

What alternatives do I have if a prepaid funeral isn’t right for me?

For some, planning and pre-paying a funeral can be a very difficult subject. If you would like to plan for your funeral without having to think about all the details, or perhaps you are looking to lessen the financial burden for your family when the time comes, then, a funeral bond is a great option to consider.

If you need some help deciding which option is best for you, our friendly team at Bethel Funerals is here to help.

What are the differences between prepaid funerals, funeral bonds and funeral insurance?

With prepaid funerals, you know the exact cost of the funeral service, in today’s prices, with no extra charges to your family if certain services increase in price in the future.

A funeral bond does not lock in the price of the funeral, it instead accumulates interest over the life of the deposit. If there are enough funds to cover all funeral costs when the time comes to plan the funeral, the remainder of the investment will be returned to your estate.

Both a funeral bond or a prepaid funeral plan may enable you to maximise any Centrelink benefits. The amount you pay for a prepaid funeral, which is assigned to a funeral director, will not count as an assessable asset in any means testing. You only need to tell Centrelink about any prepaid funeral funds if you hold a funeral bond as well, so that the correct amount of your bond that will be exempt in the income or assets tests can be assessed.

With funeral insurance, you pay either fixed or increasing premiums for as long as you wish to be covered for the costs of your funeral. Because you need to continue to pay to be covered, it’s possible you may end up paying more in premiums than the value of the funeral itself.

To help decide which option is most cost effective for you, try Bethel Funeral’s insurance calculator. It lets you quickly compare the potential costs of these options for your unique circumstances.

Is a prepaid funeral more cost effective than funeral insurance?

If it’s expected you will live for another 3 years or more, then yes, a prepaid funeral is generally a more cost effective option than funeral insurance.

What is a Funeral Bond?

Funeral bonds are managed investments that earn interest. The purpose of a funeral bond is to assist you in saving for funeral expenses as the funds can only be withdrawn after your death to pay for your funeral.

When the time comes, if the bond is worth more than the cost of your funeral, the excess funds will be transferred to your estate. If on the other hand, there is a shortfall, then your family will have to cover the extra costs.

Unlike with prepaid funerals, it’s not guaranteed the cost of your funeral will be completely covered. However, funeral bonds can cover a large portion of your funeral costs which can protect your family from the distress of having to produce substantial funds at relatively short notice.

Centrelink will generally not count any funds paid into a funeral bond for up to $13,250 (as at April’20) towards the assets and incomes test for pensioner payments, which can allow you to maximise any Centrelink benefits. Please check with the Department of Human Services to confirm latest information and your eligibility for a benefit.

What happens if death occurs interstate or overseas?

If death occurs while you’re outside of the service area of your selected funeral director, we are able to arrange for your body to be transported back to a Bethel funeral home. However, this will incur additional transportation fees.

If you are travelling overseas and have taken out travel insurance, you may have included, ‘repatriation of the body of the deceased’ coverage. If so, this can normally be used to offset any incurred costs. If this is something you’re are concerned about but travel insurance isn’t right for you, we also offer the option to add, ‘repatriation of your body within Australia’ coverage as part of your funeral plan. This offer is available to add up to six months after your plan has been finalised.

In the event that your funeral will for some reason occur interstate or overseas instead of at your intended funeral home, the funds in your prepaid funeral plan will be paid directly to your estate.

If I change my mind about a prepaid funeral plan, can I get a refund?

All our prepaid funeral plans include a cooling off period of 4 weeks from the date the contract is signed. During this time, you can apply for a full refund of the money paid if you change your mind or are otherwise unsatisfied.

After the cooling off period, you are generally not able to withdraw any money paid towards your funeral, and any money already paid can only be used in accordance with the plan set out in your prepaid funeral contract.

Funeral Plans- Record your preferences with our Personal Profile

Our Personal Profile guide will help you express your preferences about your funeral plan and help ease the burden on your family.

Download Profile

Do you need some help planning your next funeral?

Our friendly team is there to answer your questions and help you with your funeral planning and preparation needs.

Make an Enquiry