Pre-Planning A Funeral

It is never easy to plan a funeral, but being prepared can go a long way to making your decisions a little easier when the time comes. While some things can only be done after someone passes away, there are also plenty of decisions you can make while your loved one is still alive.


Having to plan a funeral service is one of the hardest things a family will ever have to do. Amongst the grief and sadness of death, families must make emotional and financial decisions while dealing with incredible stress. Does your family know whether you want to be cremated or buried? Do they know all the information needed to complete the paperwork?

Preplanning and / or prepaying for your funeral can help you ease the burden on your loved ones, both financially and emotionally.


It's important to record your wishes as to how you want your funeral conducted. You can record as little or as much as you like; our members also make a record of the information required for government records and your instructions can always be changed or updated as you wish.

Once you have talked to your funeral director and have decided on the details of your funeral, you can then, if you wish, make financial arrangements for your funeral service.


Setting aside money to meet the expenses of a funeral? This can be done by investing in a funeral bond or taking out funeral insurance. Of course, you can always start your own savings account or put money aside in a term deposit to cover your funeral costs.

Aged Pensioners can benefit from pre-paying your funeral by investing in pre-paid funeral plans or funeral bonds.

State Legislation

The following states have pre-paid funeral regulations in place.

Click on the State for a link to relevant information:

Recommended NFDA member providers of Funeral Bonds & Funeral Insurance

Paying For A Funeral

Members of the NFDA understand that, for some families, planning the funeral of a loved one is the hardest thing they will ever do. Dealing with the death of a loved one is already a stressful time, and having to think about the possible financial burden of paying funeral costs is going to prove an unwelcome additional worry. This can be a needless source of stress for families of the deceased where a pre-paid funeral plan is not in place.

Bank Account

Bank Accounts

Money in the bank account of a deceased person may be able to be accessed following the service to pay for the funeral service in full or part. The bank will need a copy of the funeral account from the funeral director and, in some instances, will want to sight a certified copy of the death certificate before releasing the amount required to pay the funeral account.

Talk to the bank where the account is held about releasing the money to the funeral director in payment of their account. Your funeral director will be able to help with advice and paperwork required.

Superannuation & Insurance

Superannuation & Insurance

To make a claim against any Life Insurance policies held in the deceased’s name, funds and insurance companies will require a certified copy of the death certificate and, in many cases, they may not pay the balance of the fund and benefits of the policy until probate has been granted.

It may take some time to pay out to the beneficiaries and, in some cases, payment may need to be made for the funeral service while waiting for probate of the will. See Moneysmart for more information on Superannuation payments or contact your Superannuation Fund to obtain more information on making a claim.

Financial Assistance

Families who require financial assistance may find help in a funeral loan from NOW Finance. By taking out a loan, you can cover the cost of a funeral upfront then repay over a number of years.

NOW Finance Funeral Loan benefits:

  • Borrow $4,000 to $25,000 to cover some or all of the funeral costs
  • Remove money worries when you’re grieving and your mind is elsewhere
  • Repay a NOW Finance funeral loan over 18 – 60 months
  • Fixed, competitive interest rates
  • Flexible repayment options; weekly or fortnightly repayments available
  • Funeral loans can be paid directly to your funeral director
  • Simple and friendly application process

Terms & Conditions:

  • Finance provided by NOW Finance. Australian Credit Licence Number 425142.
  • A full credit and financial assessment would need to be completed prior to acceptance of any offer or product.

For more information, contact your NFDA member participating in this finance scheme, or talk to NOW Finance.


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