Funeral pre-payment
Pre pay funeral arrangements for peace of mind
Choosing to pre pay funeral expenses is a thoughtful step that ensures your family is spared the financial and emotional stress of last-minute decisions. It provides certainty and peace of mind, while also offering significant financial and practical benefits for you and your loved ones.
Financial protection and flexibility
By prepaying for a funeral, you have full control over how much you set aside. Unlike rigid insurance policies, there are no fixed funeral prepaid plans. You decide the amount based on your preferences and needs. This flexibility means you can allocate funds without worrying about answering personal questions or undergoing health checks.
The amount of your funeral pre payment will be applied to the entire funeral cost. It’s important to be aware that funeral price estimates are not fixed and are subject to inflation.
Pension protection
One of the key benefits of prepaying for a funeral in New Zealand is its impact on pension eligibility. Prepaid amounts up to $10,000 are exempt from asset testing when determining eligibility for subsidies for long-term residential care. This ensures your financial resources are protected and can be used where they are most needed.
Securely managed by The Funeral Trust
All funds from funeral prepayment plans are securely managed by The Funeral Trust, overseen by the Funeral Directors Association of New Zealand. This ensures your money is held safely and remains accessible when the time comes, offering confidence and security to you and your family. Prepaying for a funeral does not commit you or your family to using Pellow & Hill.
Freedom to adjust
Funeral prepayment doesn’t tie you to specific arrangements, or to any particular funeral director. Should your preferences or circumstances change, you have the freedom to update your plans. Your family will also have the flexibility to use these funds with any funeral director they choose.
Plan ahead with funeral prepayment
Compassionate support is available to help you pre pay funeral costs with confidence. If you have questions about prepayment options, our caring team is here 24/7 to guide you through the process, ensuring peace of mind and flexibility for you and your family.
