Pre-paid funerals: your questions answered

Kings Funerals pre-paid consultants Julie Cantwell and Samantha Voyle Hallihan are here to help answer some of your most common questions about pre-paid funerals.

How do I pre-pay a funeral?

There are two ways to pre-pay a funeral.

The first is with a funeral bond where the cost of your funeral is estimated and a lump sum is invested with a funeral fund manager to contribute towards future costs. You can set a target amount and pay in regular or occasional contributions.

The second option is a pre-paid funeral plan. You decide the details of the funeral service that you want and Kings Funerals guarantees with a written contract to carry out the funeral as arranged, whenever it’s required in years to come. Full payment up front is required and includes a price guarantee fee to lock in today’s prices.

Is my money safe?

Yes. In Victoria, pre-paid legislation requires that all funds must be invested with a friendly society. After the initial investment, Kings Funerals cannot get access to the funds until the funeral has taken place.

How do I benefit from planning ahead?

The services you pay for today will not attract extra costs when the funeral is needed, which can provide comfort and reassurance for your family.

The investment can help preserve your pension entitlements, adding to the financial benefits of planning ahead.

Lastly, you record exactly how to be remembered at the service in your own unique way. Want to talk it through? Kings Funerals are here for you.

To arrange a no-obligation chat with Julie or Sam, call or email us on 5248 3444 or [email protected]

You may also download our free “Memories Matters funeral planning guide” from our website kingsfunerals.com.au/pre-paid

Kings Funerals are here for you. For funerals your way.