Olsens Prepaid Masthead

PRE-PAID FUNERALS

by Olsens Farewells

Pre-paying your own farewell is a safe, proactive, and cost-effective way to ensure a custom farewell.
It alleviates your family of the emotional and financial burden of planning your farewell,
while giving you control over all the important choices.

With Olsens pre-paid options you can work with our skilled advisers to plan a personalised
farewell based on your unique vision.

Besides reducing the strain on your loved ones, our pre-paid offering also has many financial benefits such as fixed price, maximisation of pension entitlements and capped costs.

Security and peace of mind

Pre-planning gives you the peace of mind that everything will run in accordance with your vision for your farewell. Ensuring the safety and security of your pre-payment is also critical, so your investment will be held independently under strict conditions until it is required. 

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Financial benefits

The cost of arranging a farewell can be a significant unexpected financial strain on a family, which you can reduce by pre-planning and pre-paying for your farewell. This approach allows you to benefit from a fixed price without having to worry about fee and tax increases, while also paying a fee lower than the cost of funeral insurance.

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Tailored to tell your story

There are genuine advantages to planning your own farewell, with many options available to suit different personalities. Design a ceremony custom made to suit your vision.

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Pre-paid vs Funeral Insurance

There is much commentary, myths and misinformation about comparisons between Pre-paid funerals and Funeral Insurance. Following is a comparison to help you determine the best possible option for you.

Pre-paid Funerals
Funeral Insurance
Premiums
Pre-paid Funerals Provides for the full funeral costs regardless of the date of death
Funeral Insurance More expensive for older people and premiums can often exceed the benefit due
Inflation
Pre-paid Funerals Locks in the cost of the funeral at today’s prices
Funeral Insurance You must select the sum insured which may or may not be sufficient to cover future funeral costs
Choice
Pre-paid Funerals You can choose the type of funeral you want
Funeral Insurance Your family will still have to handle all the funeral arrangements
Payment
Pre-paid Funerals Pay upfront or by instalments
Funeral Insurance No benefits received if payment of premiums cease or are not up to date
Benefits
Pre-paid Funerals May help maximise any government pensions or allowance entitlements
Funeral Insurance May not maximise pension or social security benefits.