Joint funeral plans. What is a funeral bond? A funeral bond is an investment offered ...
Joint funeral plans. What is a funeral bond? A funeral bond is an investment offered by a friendly society or life insurance company to allow you to set aside money to cover your funeral costs. This means it can be used by either person for the first or second death. Learn how it works, what it covers and how it compares to other options such as over 50s life insurance or family plans. If you and your partner are looking at getting a funeral plan in place for when you pass away, it might be worth considering a joint funeral insurance plan. We can assist with funeral plans to cover more than one individual, please phone the Choice Team on 01803 298 243 to arrange a joint plan. Can I cover my partner too? Yes – we created Seniors Funeral Insurance especially with your family in mind. Joint plans are not available online and must be paid for in full or within 12 months of purchase. Read more about Joint funeral plans and its benefits here. Call 1300 556 222 for peace of mind and the funeral you want at an affordable price. Funeral Plan Management was founded in 1984 and since then has become the leader in its field, providing security and peace of mind for over 150,000 clients. Pre-paid funeral plans at a glance Compare our range of attended and unattended pre-paid funeral plans to find the one that suits you best. A funeral bond provides benefits only upon the death of the nominated Please ensure you read and understand the inclusions and exclusions of our plans along with our Terms and Conditions before you buy. Joint plans For Choice Essentials and Choice Plus Plans only, we are able to offer joint plans where you pay for one funeral plan but can select whether to Redeem the plan on the first or second individual’s death. So you just need to be aware you (or your parents) will need to have sufficient funds to pay for the surviving parent. Fixing the cost of each plan at today’s prices and A joint funeral plan is the easy way to arrange and pay for your funeral in advance, whilst protecting your loved ones against unexpected costs and uncertainty about your final wishes. Available at 240+ funeral homes across Australia, Guardian Plan lets you plan your farewell, your way. A joint funeral plan is a pre-paid plan for two people, often used by couples. Another option could be to buy two funeral plans. However, it’s important to remember that joint funeral plans only cover one funeral, so you’d still need to pay for the other person. Jun 12, 2025 · This page explains funeral bonds and prepaid funeral plans and how they affect your pension. Oct 1, 2021 · A joint funeral plan is a single plan that is placed in both your parents’ names and covers the funeral services for one person -. Joint funeral plans in a nutshell A joint funeral plan is made in the name of two people, rather than one, and covers the funeral costs of the first of the couple to die. The same level of funeral service is guaranteed for both of the signatories to the plan. Typically, these plans are structured so that the funeral arrangements are carried out for the first partner to pass away, and the surviving partner then remains covered or has an option to transfer benefits. Locked in today’s prices and protect your family from rising costs. We have spoken to the top 6 funeral plan providers to hear if they provide a joint plan and if so, which plans are the best when planning for you and your partners funeral care. Joint plans can be Mar 17, 2026 · A funeral plan is a simple way to fund and take care of funeral arrangements before you die. The rates on this page are effective from 20 March 2026. Simplicity Funerals - plan your funeral and lock in at today's price. You can choose to cover just your own life with our single plan or cover yourself and your spouse or partner with our joint plan. Save £150 on all Prepaid Plans until 12/04/26 Funeral Plan Management is a specialist business of Lifeplan and is dedicated to providing funeral benefits, investment management and customised administration services for funeral directors and their clients. Dec 22, 2022 · As the name implies, a joint funeral plan is one that is placed in the names of two people. A joint funeral plan is a prepaid plan designed specifically for couples. You can even set up a funeral plan on behalf of somebody else. either the first or second death - whichever the plan holder prefers. Choice Funeral Plans allow you to record your wishes and pay for your funeral in advance. Jul 14, 2021 · A joint funeral plan is simply a single funeral plan placed in two names. The Funeral Plan Bond by Australian Unity allows you to save for your funeral with guaranteed and growth options, offering tax and social security benefits. There are various payment options; you either pay instalments or a lump sum to a funeral planner, which invests your money into a life insurance policy or an independent trust fund. . Unlike two separate funeral plans, a joint plan covers both partners under a single policy. Joint funeral plans Two people can be named on a Southern Co-op Funeral Plan, with the option to use it for either the first or the second person that passes away. btgm lpu ruds soey yeuephj nhkuaib ejzdeo knmx flunafu kdkxlv
