A pre-paid funeral plan, is choosing and effectively paying for your funeral in advance, providing financially for funeral expenses you have carefully considered and arranged in advance. The type and style of funeral you want is set out in a contract and paid for at an agreed price . The cost of the funeral generally is a fixed guaranteed cost that ensures no further rises are required in the future.

Funeral bonds are funds invested towards the cost of a funeral, these are generally managed investments that earn interest, usually invested in an independently managed funeral fund. The interest must be added to the capital and the capital and interest is only realised on death when it is paid to the estate or to the funeral director to cover funeral expenses. Funeral bonds are generally best described as a savings plan for funerals held with a third party investment house.

Funeral insurance is an insurance policy designed to make sure your loved ones have access to funds needed to pay for your funeral in the event of your death.

Payment options

Can I pay the funeral cost over a period of time?

Yes. Planning and paying for your funeral in advance means you can avoid leaving your family with unnecessary financial and emotional stress. We can offer a payment process where families may take up to (36 ) thirty six months. Talk to our friendly staff who will help you with our payment terms and information regarding time payments.

Funeral plans are sound financial planning tools that protect your family by fixing the price of your funeral, allowing flexible payment terms, maximising your pension entitlements and setting a cap on the cost of your funeral.

Your money for the funeral plan is protected and secure.

Essentially we form an agreement with you to invest your money wisely to cover funeral costs in the future with the funds gathering interest to cover inflation. The rules of a funeral plan are they can only be claimed by using a person’s death certificate which verifies their death, and only then are the funds, on trust and with interest gathered, actually paid to Integrity Funerals, to perform the funeral.

Essentially, we are holding monies on your behalf in an Fiduciary Duty Trust. These funds are still owned by the family, not the funeral plan, so they are protected from such things as bankruptcy, insolvency or receivership, because they are considered an asset, held on trust, not of the company.