The Bendigo Bank funeral bonds enable you to save money safely for your funeral expenditures. It is a secure, low-risk investment designed to cover future funeral costs and ease the financial burden on your family.
You can deposit the required amount into the fund in one or several payments. The bond can be owned personally or jointly and is exempt from Centrelink means testing when structured correctly.
A client by himself chooses the company to which the funds for the funeral will be transferred. The investment is capital-guaranteed, ensuring your money is preserved until needed.
The Bendigo Bank funeral bonds have the following characteristics:
- Low risk with capital guarantee
- Personal or joint ownership structure
- Exempt from Centrelink assets test (in most cases)
- Investments start from 500 AUD one-time or 42 AUD monthly
These funeral bonds are managed in partnership with a trusted provider and offer peace of mind for future planning.
Read also: