How much does a pay monthly Funeral Plan cost?
You can use our calculator to calculate the monthly costs based on the cost of our Funeral Plan plus the amount of voluntary contributions you wish to add.
This calculator will show you the length of term available and the cost of paying by instalments depending on the age of the person who will be covered by the Funeral Plan.
Paying by Instalments
- You can pay for a Choice Funeral Plan by monthly instalments over one to ten years.
- There are no additional costs when paying by instalments over a period of 12 months. If paying over 12 months up to the maximum of 120 months, prices vary by age of the Covered Individual and overall you pay more than if you pay in full upfront.
- Full payment for the funeral plan must be made before the Covered Individual reaches the age of 85.
- For joint plans, instalments must be paid within 12 months.
- If the Covered Individual passes away within 12 months from the date of Activation, the funeral plan cannot be Redeemed unless the outstanding payments are made.
- If the Covered Individual passes away after 12 months, then no further payments will be required for the Funeral Director Services, and depending upon the amount of Voluntary Contributions made, additional payments may be needed for Third Party Fees and Additional Products & Services.