Your wishes. Planned.
PrepaidPlus is a funeral plan that puts your wishes first - and your family’s peace of mind at the heart of it. You choose your funeral director, decide the details, and pay at today’s prices so your family isn’t left with financial stress later on.
And because you can add optional extras to cover associated costs and transport if you pass away far from home, you can plan with confidence knowing every detail is taken care of.
A partnership with your local funeral director
PrepaidPlus is built on partnership. It’s a formal three-way agreement between you, your chosen funeral director, and Foresters. Together, we ensure every detail of your plan is honoured, from the service you’ve chosen to the price you’ve locked in.
Your funeral director works with you to record your wishes and collect payment. Foresters securely holds the funds in trust until they are needed, under strict regulations.
This partnership means you can plan with confidence, knowing that the people who matter most, your family, your funeral director, and Foresters, are aligned to make everything as simple and stress-free as possible.
Knowing everything is arranged and paid for brings real peace of mind. It feels good to spare my family the stress and rising costs later on.
Farah Idris
What PrepaidPlus includes
PrepaidPlus brings together three parts that make planning complete.
Prepaid funeral
Pay today’s prices and protect against rising costs.
- Lock in today’s prices for your funeral service.
- Record every detail with your funeral director for clarity and certainty.
- Flexible payment plans may be available through your funeral director.
- Fully tax-exempt, helping protect your pension entitlements.
Funeral bond
Set aside extra for flowers, catering or memorials.
- An investment arrangement held securely with Foresters.
- Choose from five investment options to match your goals and comfort level.
- Start from as little as $25 per month.
Away from home
Cover transport if you pass away more than 100 km away from home.
- Up to $3,000 coverage if you pass away 100 km or more from home.
- Australia-wide cover.
- One-time payment of only $120.
Complete planning, made easy
Your price, protected
Lock in today’s prices for your chosen service and save your family from rising costs later.
Tax-smart and pension-friendly
Your plan is fully tax-exempt and generally doesn’t affect your Age Pension entitlements.
Your funds, safe and secure
Held in trust by Foresters under APRA regulation, ready when they’re needed most.
Pay your way
Choose a lump sum or instalments (if offered by your funeral director) to suit your budget.
Plan for every detail
Add a funeral bond to cover flowers, catering, or other personal touches.
You’re covered, anywhere in Australia
Optional Away From Home cover takes care of transport costs if you pass away more than 100 km from home.
For Australians like you
We’ve helped over 97,000 Australians bring their plans to life. We’d love to help you, too.
97,000+
active members
176+
years of planning with Australians
$450m
in funds managed with care
Learn more about PrepaidPlus today
Planning ahead is one of the most caring decisions you can make. PrepaidPlus makes it simple, giving you complete peace of mind.
Whether you’re ready to get started or just want to talk through your options, we’re here to guide you every step of the way.
Your questions, answered
PrepaidPlus is a formal three-way agreement between you, your chosen funeral director, and Foresters. You arrange the details and cost of your funeral directly with your funeral director and pay at today’s prices. Your funeral director then lodges the funds with Foresters, and we securely hold your PrepaidPlus funds in trust until they’re needed and pay them directly to your funeral director when the time comes.
PrepaidPlus includes two optional add-ons: a Funeral Bond and Away From Home Cover. The Funeral Bond allows you to set aside extra funds for associated costs like flowers, catering or memorial services. Away From Home Cover provides up to $3,000 towards transportation back to your chosen funeral director if you pass away more than 100 km from home, anywhere in Australia.
You can pay upfront or, if offered by your funeral director, through an instalment plan. The payment is collected by your funeral director and invested with Foresters at the time of application to secure your plan.
A Prepaid Funeral Plan is fully tax-exempt and generally exempt from the Centrelink assets and income tests, so it will not reduce your Age Pension entitlements. If you have a PrepaidPlus policy (which combines a prepaid funeral with a funeral bond), only the prepaid funeral policy is exempt from the pension test.
Your funds are held in trust by Foresters, a member-owned friendly society regulated under the Life Insurance Act and supervised by APRA. Foresters is required to hold sufficient reserves and meet strict capital adequacy tests to ensure your funds are always available when needed.
Yes. You have a 30-day cooling-off period from when you receive your Certificate of Membership. If you cancel during this time, you’ll receive a full refund of contributions made, less any fees or taxes payable and any change in investment value.
We’re here to help. You can speak to one of our Australian-based consultants now on 1800 645 326.
This information is general in nature and does not take into account your personal objectives, financial situation, or needs. Before acting on any information, you should consider its appropriateness to your circumstances and seek advice from a licensed financial adviser.
We take care to ensure the information provided is accurate and complete, but we make no guarantees as to its reliability. Always refer to the relevant Product Disclosure Statement (PDS), Target Market Determination (TMD), and other official documents before acquiring any financial product.