Prepaid Funeral Plans in Australia

prepaid funeral plans australiaHave you ever been in charge of planning a funeral or do you know someone who was? When you have to plan a funeral you have to deal with figuring out all of the small details. These details include everything from the type of flowers that will be at the memorial to the type of coffin that is chosen. In addition to this, you will also have to figure out how to pay for everything.

Prepaid funeral plans in Australia were created to provide families with a sense of relief when it comes to planning all of these things. The person who takes out the plan would have chosen what they wanted and how much they wanted to spend before they passed. They also would have paid for the plan, which means everything is taken care of and their family doesn’t have to deal with the expenses on their own.

What are the Benefits of this Plan?

One benefit that many people enjoy is that this plan locks in the cost of a funeral today, which means there is no worry about inflation of prices in the future. The other benefit is being able to choose all of the details of the funeral as you want them to happen. This can reduce a lot of the burden that your family and friends would certainly otherwise endure. They also won’t have to take out loans or credit cards to pay for the expenses, which anyone can appreciate these days.

Who is Eligible for a Plan?

There are a variety of different companies that offer prepaid funeral plans in Australia. In order to get one you have to be 18 or over because you have to sign contracts. Some plan will not allow you to take them out if you exceed their maximum age eligibility. This means that if you’re over 65, some companies won’t offer you a plan. This is why it’s important to shop around to find the prepaid plan that suits you and your situation the best.

prepaid funeral plans australia

What is Included?

Included in the prepaid funeral plan will be everything that you want to pay for. This can start with funeral director fees and death certificate fees and end with expenses for flowers, bands, food and anything else you desire. You can pay for as much as you want and choose how much you want to spend in each area so you stay on your own budget. The Australian Funeral Directors Associate provide a detailed breakdown explaining what a Prepaid Funeral Plan in Australia is. You can also contact them if you have further questions.

How Much is it?

Prepaid funerals can cost as much or as little as you would like, based on the decisions that you make. If you choose to spend more, then you will; but you can also choose to stay on a tight budget. The amount you spend will really just depend on how much money you have and how much you want to spend on your own funeral. On average, most funerals in Australia cost $7,000 – $10,000. This is a lot of money for most family members to pay, which is why prepaid funeral plans in Australia are so beneficial for most people to take out.

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