2019 Seniors Card Discount Directory

110 CONSUMER INFORMATION Consumer and Business Services 0002.Sep18 Planning ahead for funeral costs Before you put money aside now, consider: Existing cover Your super or health insurance may already include life insurance which will pay a funeral/ death benefit. Savings account You can save howmuch you want, when you want. Funeral insurance Insurance is not savings. If you miss a payment your policy will usually end (you get no cover and no refund). Funeral bond The money you pay, plus interest, is set aside for the funeral. Check the features and payment requirements. Different companies have different rules. Pre-paid funeral plans You can set aside money through your funeral director, and choose the type of funeral you want. Your money is protected, in an approved investment. For more information Contact Consumer and Business Services on 131 882 or visit cbs.sa.gov.au

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