Funeral Bonds
Funeral plan bond
A funeral bond provides a capital guaranteed investment vehicle, with the specific purpose of meeting your future funeral expenses.
Key features and benefits:
- Your contributions and allocated bonuses are secure as you are invested in a capital guaranteed fund.
- You can open an account with as little as $100 and can set up your own regular instalment plans and put in as much or as little as you like.
- You have the freedom to stop paying instalments at any time and without penalty if your circumstances change.
- Annual bonuses are exempt from personal income.
- Funeral bonds are not viewed as part of your personal assets and are exempt from the Centrelink and Department of Veteran Affairs Income and Assets test (up to $12,000 indexed each year).
- You can nominate your own funeral director and type of service you would like and have the flexibility to change this at any time.
- You can obtain a funeral bond regardless of your age or condition of health.
