Most of us plan for financial events throughout our lives, like buying a car, a house, having a family etc. Death is another event but one which is a sad and stressful time for family to have to deal with.
A prepaid funeral can take the financial burden off your family at a very difficult time and you will be content in the knowledge that the financial side has been taken care of.
FDANZ Funeral Trust plan
The prepayment is held in trust by the FDANZ Funeral Trust plan and the money you pay into the FDANZ Funeral Trust for your prepaid funeral is held in trust for you or your nominee. Established by the Funeral Directors Association of New Zealand, which represents over 80% of New Zealand’s funeral firms.
Your pre-payment can be inflation-proof that lets you pay at today’s prices and so reduce the eroding effects of inflation. Pre-paid funerals are exempt from asset testing for residential care subsidies up to $10,000.
Most pre-paid funerals are basically life insurance policies but with a different name.
If you would like to talk more to us about prepaid funerals, simply call our office to make an appointment for a time that suits you. This may be at our premises, or if you prefer we will visit you at your home.