Prepaid Funerals
Finney Funeral Services offer a service that allows you to arrange and prepay for your own funeral, or the funeral of a relative or friend.
By prepaying for your funeral, you will be easing both the financial and emotional burden of funeral expenses on those you leave behind. By simplifying the arrangements needed when you pass away, you are taking away the stress and guesswork at a time when your loved ones are already burdened by grief.
We use only registered, regulated and long-established funeral fund houses such as Foresters Friendly Society and Lifeplan. Your money is held in trust (at arm’s length) with the choice of either a lump sum payment or regular direct debits from your nominated account.
If you would like to discuss options for prepaid funeral expenses, call one of our offices and one of our prepaid specialists will help you through all of the decisions that need to be made in order to plan the funeral that you wish to have.
Alternately, you can choose to pre-arrange your funeral by giving our specialised consultants all the details of your funeral wishes. There are no financial arrangements locked in place by this method, but you can be sure that your wishes are recorded and kept by us to make sure that the funeral is carried out the way you would want it.
During this process, you may face the challenge of balancing your wishes with your family’s own needs as mourners. By recording and discussing your wishes with our funeral directors, we are able to put your needs first. We also discuss and consider with you your choices for your farewell, reflecting on how these will better help your loved ones after you have gone.
Funeral Bonds
Within Tasmania, funeral directors are regulated by the Prepaid Funerals Act 2004 which contains a number of important provisions. This Act requires funeral businesses to give consumers certain information before they enter into a prepaid funeral agreement. It also details the type of information that must be given to consumers before entering into prepaid funeral agreements. The Act requires any money paid to a funeral business to be paid into a registered funeral benefit fund and specifies how money paid in advance for a prepaid funeral is to be managed by funeral businesses.
The key features of our funeral plans are:
- Your investment is capital guaranteed.
- There are no medical restrictions.
- You can invest into the product in joint names.
- It can help maximise social security entitlements.
- It provides investors with competitive returns whilst protecting the security of your investment.
- Payments into the product can be in one lump sum or by way of regular instalments.
For a small, once-only charge, arrangements can also be made to include a travel protection plan within your product which will allow for repatriation of the deceased from anywhere in Australia should this be necessary.
Preparing a funeral plan is simple. Our consultant can meet with you at your home or at any of our offices. We’ll discuss your funeral arrangements and the options that best suit you and your family.