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Choose your investment option
The FuneralPlan Bond has the specific purpose of meeting your future funeral expenses. You can choose the capital guaranteed option, which means your contributions and allocated bonuses are always secure. Or you can choose the Conservative or Moderate investments if you want to increase the value of your policy through a combination of income and capital growth.
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Easy and flexible
You can open an account with a lump sum of $500 and top up any time with a minimum of $50, or start with $100 with a minimum $50 per month on an instalment plan. You also have the freedom to stop paying instalments at any time without penalty if your circumstances change. Annual bonuses are also exempt from personal income tax.
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Freedom of choiceYou have the freedom to nominate your own funeral director and also the type of service you would like.
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Tax Benefits
Your FuneralPlan Bond will not affect your means tested pension so you can invest up to the current Government threshold ($12,750 for 2017/18 financial year). There is no limit to your investment if the means test is not applicable to your personal circumstances.
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Quick to Claim
If you are the executor or next of kin, you can quickly and easily claim the funds within your FuneralPlan Bond by providing the required documentation. The funds will be paid to you within two working days.
