Affordable Direct Cremation Service, Melbourne - No Hidden Costs
If you are wanting to plan ahead and secure a simple low cost direct cremation at todays price, you may wish to consider a funeral plan. A prepaid funeral or fixed price funeral plan, ensures you and your family peace of mind, knowing all your affairs are in order and your funeral is fully paid.
A Prepaid Funeral, also referred to as a Prepaid Cremation Plan or Fixed Price funeral plan, is one where you and ABC Cremations establish that Direct Cremation is your wish to contract and pay for now, for provision at a future date.
The cost of your Prepaid Cremation is fixed, regardless of future price increases.
Your funds are invested in with Foresters Financial in strict accordance with the Funerals Act (1996) and the funds cannot be accessed until the cremation is provided; the funds are invested independently of ABC Cremations.
A pre-payment of a funeral does not impact on your pension entitlement, and is not subject to an income or asset test.
A Pre Arranged Cremation is one where you and ABC Cremations establish the funeral goods and services which you may utilise in the future.
Payment of the cremation is made when the service is conducted.
Pre Planing bring peace of mind, knowing all your affairs are now in order
Foresters Financial’s Away From Home Cover protects your loved ones from the associated transportation costs, back to your chosen funeral director, up to a maximum of $3,000, should you die whilst traveling within Australia, provided their premises are within 100km from your permanent residence.
• The cost of transporting the deceased Life Insured’s body from their place of death, being 100 kilometres or more from their permanent residence, to the funeral home of Robert Nelson Funerals;
• Suitable container for transportation;
• Cost for preparing the body for transportation;
• Any professional service fee charged by the Funeral Director; and• Costs associated with obtaining the appropriate documentation.
The Applicant must be a member of a funeral bond or Funeral Plan with Foresters Financial
Originating back in 1849 as the Ancient Order of Foresters, a Victorian friendly society, (now known as Foresters Financial was established amid community concerns about the lack of financial and social support in times of extreme hardship. By pooling their funds, Society members who experienced unemployment, sickness, death or disability could rely on financial assistance and support from the Society, to ensure they and their families were looked after during difficult times.
More than 170 years on, Foresters Financial continue that tradition as a member-owned Australian financial services provider of investment and insurance products with approximately $365 million in funds under management, serving over 80,000 members around Australia
Planning ahead or organising a pre paid funeral can assist in reducing the financial and emotional stress usually associated with death. With Financial concerns taken care of, this leaves your family to support and arrange for your final farewell with peace of mind knowing everything has been organised and paid for. That is why the security of your Prepaid Funeral Plan funds is so important.
Most importantly your funds are invested in a capital guaranteed funeral benefit fund. Being capital guaranteed means your investment can never be less than your initial contribution (less any funeral director establishment fee) plus any annual bonuses that have been applied.Funds held in the Foresters Funeral Fund may only be invested in a manner as specified in the Benefit Fund Rules and the Life Insurance Act 1995.
Foresters is also regulated by the Australian Prudential Regulation Authority (‘APRA’) to whom it must report on a quarterly basis.Prudential Standards issued by APRA prescribe that money held in the benefit funds of a Friendly Society may only be used for the benefit of its members.If the Society were to cease to trade for any reason, the investments in the Funeral Fund could not be used to pay outstanding debts, but would continue to be held for the benefit of the Fund member.