Funeral Bond

Sureplan’s funeral bond is called Sureplan Gold and it is a conservatively managed bond that may be an ideal way with which to put aside funds for your funeral expense. You can either invest a lump sum or deposit regular or ad-hoc deposits from as little as $50. Therefore, it can be an ideal funeral saving plan.

As Sureplan Gold is a funeral bond, you will be unable to access your funds after the 30 day “cooling off” period.

Sureplan Gold has some important benefits over traditional savings and investment funds

Pension Maximisation

You can contribute up to $15,500 (as at 1/7/2024) without it being subject to the Centrelink or Department of Veterans’ Affairs Income and Assets Test – this is very relevant for self-funded retirees who are either receiving a part pension or who are just outside the pension entitlement threshold. For more information, click on the link below;

Extract from Social Security Guide

Reducing Aged Care Costs

When entering an aged care facility an investment in Sureplan Gold may reduce your assessable assets and, as a consequence, increase your Government support. Sureplan recommends you receive independent financial advice prior to making a decision to invest in Sureplan Gold for this purpose.

Investment Security

Sureplan Gold only invests in government bonds, highly rated corporate bonds (senior debt instruments issued by the major Australian corporates and banks) and cash.

Investment Returns

A bonus may be allocated to your policy annually. Since its inception in 1998/99 Sureplan Gold has regularly produced an annual return that equalled or bettered inflation for that year. The allocation of bonuses is not guaranteed, and past performance is not necessarily a reliable indicator of future performance.

Taxation Minimisation

Any bonuses credited to your Sureplan Gold bond will not be required to be included as income for taxation purposes for that financial year. Unless you assign your Sureplan Gold bond to a funeral director or cemetery/crematorium business, bonuses paid as part of your funeral benefit will be treated as assessable income in your estate.

Low Fees

Sureplan Gold has no entry, contribution or exit fees. However, if you die within 12 months of commencing your account any bonuses credited will be reversed.

Easy and Speedy Claims

Sureplan guarantees to pay the funeral benefit within 1 working day of receiving verification of your death from an independent source. If you die within 12 months of joining, any bonus previously allocated to your policy will not be paid.

Decisions to acquire or invest in Sureplan Gold should only be made after considering the information contained in the current Product Disclosure Statement (PDS). Applications to invest will only be accepted if made on an application form which is available by request. To obtain a copy of the current PDS and application form, please phone 1800 817 105 or download from www.sureplan.com.au.

Recent Returns for Sureplan Gold Funeral Bond

Year	Sureplan Gold Return
2021/22	0.25% p.a.
2022/23	1.25% p.a.
2023/24	2.50% p.a.