Once a funeral has been pre-planned, many people choose to take the next step and financially prepare for their funeral. We can assist you in establishing a funeral bond.
This financial product is an investment established specifically for providing for a funeral in the future. The investment earnings are continually reinvested into the bond which goes towards rising costs.
A funeral bond is a financial instrument designed to cater for the eventual costs of a funeral. It is much like a savings account whereby interest or bonuses are accumulated and compound over a period of time. Once a bond has been established, after an initial cooling off period it can only be redeemed upon the death of the bond holder.