Funeral assistance plan

Flexibility is the key

Unlike many funeral plans offered by funeral organisations, our plan is fully portable. This means that you aren’t restricted to specific services or specific funeral directors. Hence, you are able to plan for the funeral you wish for, whilst not knowing where you are living when the time comes and what changes you may wish for in the future.

  • You can contribute to the plan by lump sum or progressive credits (EASY SAVE) as your funds allow to help you prepare for this event.
  • The funds in your Funeral Assistance Plan (FAP) are exempt from Centrelink and Veteran’s Affairs income and asset tests provided you have no other funeral plan including a prepaid funeral account.
  • Interest calculated daily, capitalised annually in June and December.
  • Statements issued after interest paid.
  • Interest earned is exempt from deeming and income tax because the funds are only released after death to cover funeral expenses.*
  • Any balance remaining will be paid to your estate.
  • With the CDF Funeral Assistance Plan, you or your family are free to choose any funeral director no matter where you are currently living.
  • CDF can communicate directly with the funeral director for payment of the invoice. Funds are released promptly, once the simple requirements are met.
  • The amount invested must not exceed the Funeral Bond Allowable Limit, as indexed in line with CPI pension increases every 1 July. * The amount of the Funeral Bond Allowable Limit is available at humanservices.gov.au or by contacting CDF.
  • There are no fees or charges of any type, so your balance is always growing.
  • The FAP gives you a unique opportunity to have positive input into your funeral arrangements, while easing the financial burden on your loved ones.

Kindly note that you need to be certain that the CDF Funeral Plan is right for you and you are committed to setting aside these funds, as you will not be able to access them prior to your death.

*Subject to legislation. Current at time of writing.