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 or bond is not in place.

 

Arranging a funeral is an emotional and often overwhelming experience. While dealing with grief, families must also navigate the practical aspects of planning a service, which can add financial stress. Understanding the costs associated with a funeral can help you anticipate expenses and make informed decisions.

Working with your funeral director can ease this process, ensuring you arrange a meaningful farewell without unnecessary financial strain. Your funeral director can also assist in accessing available financial resources to help cover costs.

Average Funeral Costs in Australia

Funeral costs in Australia vary depending on location, the type of service, and personal preferences. A basic cremation can cost as little as $4,000, while a more elaborate burial service can exceed $15,000. A significant factor in the cost of the funeral is determined by the options selected by families as outlined below in “what makes up the cost in a funeral.

It’s important to note that costs can vary within each state, particularly between metropolitan and regional areas.

Loved ones at burial | Paying for a Funeral | NFDA

What Makes Up the Cost of a Funeral?

A funeral involves multiple elements that contribute to the overall cost. Understanding these components can help families budget accordingly:

Essential Costs

  1. Funeral Director Fees 
    Includes professional services such as arranging and conducting the funeral, handling legal paperwork, and supporting the family.
  2. Coffin or Casket
    Prices vary significantly depending on the materials and design.
  3. Burial or Cremation Fees
    Burial costs include purchasing a gravesite, digging fees, and headstones. Cremation costs typically include cremation fees and an urn.
  4. Venue Hire
    Fees may apply if you choose a church, chapel, or community hall for the service.
  5. Transport
    Covers transportation of the deceased to the funeral home and service location.
  6. Legal Requirements
     Costs related to obtaining death certificates and any necessary permits.

Optional Costs

  1. Celebrant or Clergy Fees
    If you choose to have a celebrant or religious leader conduct the service.
  2. Floral Arrangements
    Depending on the scale of decorations.
  3. Obituary Notices
    Publishing a notice in newspapers or online can add to the cost.
  4. Service Booklets and Audio-Visual Tributes
    Custom-designed orders of service and photo presentations.
  5. Catering for a Wake
    Food and beverages for guests following the service.

Financial Assistance and Payment Options

Bank Accounts

If the deceased had money in a bank account, some financial institutions allow access to these funds to pay for funeral expenses. The bank will generally require a copy of the funeral invoice from the funeral director and a certified copy of the death certificate (in some cases).

It’s advisable to speak with the bank where the deceased’s account is held to understand their specific requirements.

Your funeral director can assist in providing advice and the necessary paperwork.

 

Superannuation & Life Insurance

If the deceased had superannuation or a life insurance policy, it may be possible to claim these funds to cover funeral expenses. However, in many cases, the superannuation fund or insurer will require a certified copy of the death certificate, and/or the funds may not be released until probate is granted, which can take time.

As a result, families may need to cover funeral costs upfront while waiting for probate. For more information, visit Moneysmart

 

Financial Assistance & Personal Loans

For families needing financial assistance, some reputable financial institutions offer personal loans at competitive interest rates to help cover funeral expenses.

It’s important to compare options carefully and seek financial advice if needed.

Understanding funeral costs in advance can help ease financial pressure during an already difficult time.

Working with your funeral director ensures you have the right guidance and options to create a meaningful farewell while staying within your budget.