Sureplan commenced in Brisbane in 1935 when a small group of Commonwealth public servants established a friendly society called the Public Service Death Benefit Society of Queensland.
Until 1998 the Society’s only benefit fund at that time, a funeral insurance fund known as the Family Fund, was almost exclusively utilised by staff of the Post-Master General’s department (PMG) and later by employees of its successors, Australia Post and Telstra.
In 1998 the Society, now known as Sureplan, launched our funeral bond, Sureplan Gold. Gold has proven popular with many funeral directors across Australian using it for clients when they are completing funeral pre-arrangements.
Today Sureplan has over 30,000 members.
Friendly societies are mutual (member-owned) organisations that commenced in Australia in the 1830s with the arrival of free workers Members joined mainly on the basis of religious or employment affiliation and the societies provided fraternal activities and financial assistance to members in time of need i.e. sickness and death.
Friendly societies in Australia have evolved to be providers of health funds, aged care homes, education saving funds, investment funds, and of course funeral insurance.
This Fund is currently not accepting applications for membership. Current members still enjoy Australia’s best value funeral insurance for the Under 56s and its unique features;
Today Sureplan Friendly Society Ltd has more than 29,000 members and $175M in assets. It prides itself in being a caring entity for its members’ benefit by providing positive and truly beneficial funeral insurance and funeral saving/investment options
The actions of the Society are regulated by the Australian Prudential Regulation Authority, the Corporations Act 2001 and the Life Insurance Act 1995.
In July 1998 Sureplan introduced Sureplan Gold which is a conservatively managed funeral bond that is an ideal way to either prepay funeral expenses or use as a funeral saving plan.
With Sureplan Gold there are no entry, contribution or exit fees and members can contribute with a lump sum and/or from as little as $50 per month. Members are free to stop contributing whenever they choose without penalty. The funeral benefit payable is the amount accumulated from their own contributions plus bonuses (fund returns).
We at Sureplan understand that our members provide funds for their funeral expenses to relieve their family of much of the associated financial stress. That is why we guarantee to pay their funeral benefit within 1 working day of receiving independent confirmation of their death. There is no paperwork required for the family – all we require is a phone call.
Please call us on 1800 817 105 or email on [email protected] and we will be delighted to assist you.