Pre-paid funerals help reduce financial concerns for your family and friends.
Taking care of your funeral costs now can help remove financial concerns for your family and friends at a difficult time.
Bendigo funeral bond is a capital-guaranteed savings and investment plan that solely accumulates funds for your funeral expenses.
Along with peace of mind for family and friends, Bendigo Funeral Bond offers:
- Easy financial terms: start with as little as $500 or $42 per month via our savings plan (plus a contribution fee)
- Low-risk investment strategy
- Capital-guaranteed investment and accumulated bonuses
- Professional investment management and administration
- Valuable Centrelink and Department of Veterans’ Affairs income and assets test exemptions
- Single or joint ownership
Travel Protection plan
Bond holders also have the option of the Bendigo Funeral Bond Travel Protection Plan*, which covers transportation costs in the event of your death within Australia – 70kms or further from your residential address.
It covers the cost of transporting your remains from the place of death to your funeral home, up to a maximum of $3,000. The funeral home must operate within 70kms of your residential address.
You must be a permanent Australian resident aged 18 to 84 years to be eligible to apply for the plan. The cost is $150 per plan for both joint and individual cover.
|30 June||Bonus Rate1||Funeral Bond Tax Benefit2||Total Return3|
Are you affected by the pension changes?
On 1 January 2017 the Australian Government implemented changes to the assets test used to calculate pensions.
Investments of up to $13,000 (current threshold for the 2018-19 financial year) in a funeral bond such as the Bendigo Funeral Bond, are exempt from Centrelink and the Department of Veterans’ Affairs income and assets tests.
For more information on the changes to the pension assets test, please contact Centrelink, Department of Veterans' Affairs or your financial adviser.
Want to know more about the Bendigo Funeral Bond?
Sandhurst Trustees Limited ABN 16 004 030 737 AFSL 237906 (Sandhurst) is a wholly owned subsidiary of Bendigo and Adelaide Bank Limited ABN 11 068 049 178 AFSL 237879. Each of these companies receive remuneration on the issue of the product or service they provide. Sandhurst is the responsible entity and issuer of the managed funds available on this website, and is also the trustee and issuer of the Bendigo superannuation products. Investments in these products are not deposits with, guaranteed by, or liabilities of Bendigo and Adelaide Bank and are subject to normal investment risk, including possible delays in repayment and loss of income and capital invested. Before making an investment decision in relation to one of these products you should consider your situation and read the relevant Product Disclosure Statement available on this site.
Sandhurst is the issuer of the commercial lending products and the provider of any traditional trustee services available on this website. The Bendigo Funeral Bond is issued by Australian Friendly Society ABN 29 087 648 851 AFSL 247028, and administered by Sandhurst. The Bendigo Funeral Bond is a capital guaranteed by Australian Friendly Society.
The content on this website has been jointly prepared by Sandhurst and Bendigo and Adelaide Bank and contains general advice only. Advice in relation to superannuation and managed investment schemes is provided by Sandhurst and advice in relation to life risk insurance is provided by Bendigo and Adelaide Bank. It is provided as general information and must not be relied upon as a substitute for financial planning, legal, tax or other professional advice. The information is given in good faith and has been derived from sources believed to be accurate at its issue date. Neither Sandhurst nor the Bendigo and Adelaide Bank give any warranty for the reliability or accuracy or accept any responsibility arising in any way, including by reason of negligence for errors or omissions for the information contained on this website. The information contained on this website is subject to change without notice. Neither Sandhurst nor the Bendigo and Adelaide Bank has an obligation to update, modify or amend this website or notify you in the event that a matter of opinion or projection stated changes or subsequently becomes inaccurate.
Neither Sandhurst nor Bendigo and Adelaide Bank is responsible for the content of any other site accessed via this site. That information is the responsibility of the site owner. Links to other sites are provided for convenience only and do not represent any endorsement by Sandhurst or the Bendigo and Adelaide Bank of the products offered by the site owner.