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Related Documents

Funeral Expenses

Pre-paying a funeral enables a client to choose and pay in advance for their eventual funeral.  They can pay for the funeral in full or pay it off in regular instalments over a period of time. The cost is fixed in today's dollars, even if the funeral is not for many years. Funeral bonds are an investment product that can only be withdrawn after death to pay for a funeral, they may not cover the cost of a funeral.

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Financial Hardship

If someone is suffering from financial hardship and unable to pay for their cost of aged care, they may be eligible for financial hardship assistance for some or all of their aged care fees. Financial hardship assistance can apply to the basic daily fee, means-tested care fee and/or accommodation contribution/payment, it does not apply to extra or additional service fees.

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