Pre-Paid Funeral Services
Peace of mind Pre-Paid Funeral Services
Affordable Funeral Directors offer a range of prepaid funeral services and plans that can be tailored to suit you. Contributors to the Affordable Funeral Directors FDANZ Pre-Paid Funeral Trust can have the peace of mind of knowing that the costs towards their funeral are covered.
Providing towards the cost of a funeral in advance ensures any awkwardness or embarrassment to relatives as the result of funeral expenses is avoided.
After the funeral, Affordable Funeral Directors will issue a funeral invoice. If there is any shortfall in funeral expenses a further invoice will be issued for payment. Any surplus funds after payment of funeral expenses will be refunded.
Exemption from Means-Testing
A pre-paid funeral plan assists elderly contributors who may be in a rest home, or are contemplating moving into one. Government rules provide for an exemption of $10,000 from a person’s assets for prepaying a funeral and related expenses.
This amount is not included in a person’s assets being means-tested for rest home subsidies.
Interest
Interest is paid monthly at the rate of 2.25% and is not compounding. This rate may vary from time to time.
Fees
A one off entry fee of $100.00 will be deducted from the payment/s. And a final fee of $100 when funds are paid out.
There is a monthly administration fee of $3.50 but this is offset by interest payments when the total amount deposited is over $2,200.00. And a $15 installment fee for non automatic payments.
No commission or other payment is received by Affordable Funeral Directors in relation to a pre-paid funeral. Also. its employees do not provide any financial or investment advice.
Potential contributors seeking such advice should contact a financial or investment adviser, or their solicitor.
You can also contact the FDANZ Funeral Trust directly by phone 0800 332 693 or by email info@FDANZFuneral.co.nz
Deposits
Payments can be paid as a lump sum or as regular installments. The minimum amount of the initial installment in either case is $200.00.
For further regular installments the minimum payment is $20 per fortnight. We can supply you with an Automatic Payment form.
There is no maximum limit on deposits.
All funds held earn interest.
Payments options
Please make your initial payment either by Bank Cheque or personal cheque, and make it out to FDANZ Funeral Trust.
(These funds are not at any stage involved in the Affordable Funeral Directors running accounts.)
How to apply
Complete the Application Form provided by the Affordable Funeral Directors, who will, on your behalf, send it to the FDANZ Funeral Trust with your payment. You will be sent a Certificate of Participation.
If you require further information, please don’t hesitate to call FDANZ Funeral Trust on 0800 332 693 and quote your participation number.
Useful definitions
Participant – is the person for whom the pre-paid funeral is being arranged.
Applicant – is the person who is pre-paying a funeral on behalf of The Participant.
Pre-arrangement Details
If you wish, funeral wishes and personal information for death registration can be recorded on the reverse of the Application Form. These will be kept secure until needed.
Check List of Requirements
Identification
If you are pre-paying your own funeral (i.e. you are the Participant),
we need your identification.
If you are pre-paying on behalf of someone else (i.e. you are the Applicant),
we need your identification,
and also identification of the
person for whom the funeral is being arranged. (the Participant)
This could be either a –
or any two of these –
We will take photocopies of these and keep them on file.
Signature and date
The form must be signed and dated either by yourself (Participant) or
the person who has Power of Attorney (Applicant).
For further information about our prepaid funeral plans, click on the link below.
FDANZ Funeral Trust Booklet
Peace of mind Pre-Paid Funeral Services
Affordable Funeral Directors offer a range of prepaid funeral services and plans that can be tailored to suit you. Contributors to the Affordable Funeral Directors FDANZ Pre-Paid Funeral Trust can have the peace of mind of knowing that the costs towards their funeral are covered.
Providing towards the cost of a funeral in advance ensures any awkwardness or embarrassment to relatives as the result of funeral expenses is avoided.
After the funeral, Affordable Funeral Directors will issue a funeral invoice. If there is any shortfall in funeral expenses a further invoice will be issued for payment. Any surplus funds after payment of funeral expenses will be refunded.
Exemption from Means-Testing
A pre-paid funeral plan assists elderly contributors who may be in a rest home, or are contemplating moving into one. Government rules provide for an exemption of $10,000 from a person’s assets for prepaying a funeral and related expenses.
This amount is not included in a person’s assets being means-tested for rest home subsidies.
Interest
Interest is paid monthly at the rate of 2.25% and is not compounding. This rate may vary from time to time.
Fees
A one off entry fee of $100.00 will be deducted from the payment/s. And a final fee of $100 when funds are paid out.
There is a monthly administration fee of $3.50 but this is offset by interest payments when the total amount deposited is over $2,200.00. And a $15 installment fee for non automatic payments.
No commission or other payment is received by Affordable Funeral Directors in relation to a pre-paid funeral. Also. its employees do not provide any financial or investment advice.
Potential contributors seeking such advice should contact a financial or investment adviser, or their solicitor.
You can also contact the FDANZ Funeral Trust directly by phone 0800 332 693 or by email info@FDANZFuneral.co.nz
Deposits
Payments can be paid as a lump sum or as regular installments. The minimum amount of the initial installment in either case is $200.00.
For further regular installments the minimum payment is $20 per fortnight. We can supply you with an Automatic Payment form.
There is no maximum limit on deposits.
All funds held earn interest.
Payments options
Please make your initial payment either by Bank Cheque or personal cheque, and make it out to FDANZ Funeral Trust.
(These funds are not at any stage involved in the Affordable Funeral Directors running accounts.)
How to apply
Complete the Application Form provided by the Affordable Funeral Directors, who will, on your behalf, send it to the FDANZ Funeral Trust with your payment. You will be sent a Certificate of Participation.
If you require further information, please don’t hesitate to call FDANZ Funeral Trust on 0800 332 693 and quote your participation number.
Useful definitions
Participant – is the person for whom the pre-paid funeral is being arranged.
Applicant – is the person who is pre-paying a funeral on behalf of The Participant.
Pre-arrangement Details
If you wish, funeral wishes and personal information for death registration can be recorded on the reverse of the Application Form. These will be kept secure until needed.
Check List of Requirements
Identification
If you are pre-paying your own funeral (i.e. you are the Participant),
we need your identification.
If you are pre-paying on behalf of someone else (i.e. you are the Applicant),
we need your identification,
and also identification of the
person for whom the funeral is being arranged. (the Participant)
This could be either a –
- NZ Drivers Licence
- NZ Passport or
- NZ Firearms Licence
or any two of these –
- Credit / Debit Card
- NZ Birth Certificate
- Certificate of Identity
- Citizenship Certificate or
- Community Services / SuperGold Card.
We will take photocopies of these and keep them on file.
Signature and date
The form must be signed and dated either by yourself (Participant) or
the person who has Power of Attorney (Applicant).
For further information about our prepaid funeral plans, click on the link below.
FDANZ Funeral Trust Booklet