- Farewells with limited Funds (Insurance vs Pre Paid) NEW YEARS THINKING ith new of and the media NO FEES to set up the pre-payment plan W us things are going to get financially tighter this year, and to watch our "pennies", thoughts of getting your house in order" are common, and so I found myself sitting with a gentleman wanting to pre-plan his final farewell. "I don't want a big flashy funeral," he told me, "but I do want my family and close friends to have a chance to say farewell" he continued. "the thing is," said the gentleman "I took out a funeral insurance 25 years ago for $4,000" (which covered a funeral back then) but now with inflation, it won't cover much," he said. The gentleman was planning on living a few more years, but 25 years on he worked out he had paid nearly $26,000 in premiums but still only had $4,000 cover. He had come to see me to 'top up' his funeral to $10,000 as he had heard that the 'Funeral Trust', the largest National Funeral pre-payment scheme, had no fees and on top of that it paid interest. He wanted to know if this was true and if there were any hidden costs. When I told him that he had heard correctly that there are : A local family owned business serving Kapiti for 30 years NO FEES ongoing administration fees NO FEES when claiming at the conclusion And also the Funeral Trust pays out interest each year, and he was amazed. "So the fund grows and not stays stagnant like the insurance" he stated and signed up in a flash. His final comments to me were.. "Why don't you tell people about this", and so I share his story with you now! Setting up a plan can be done easily and simply. online at www.thefuneraltrust.co.nz and by clicking on the 'join' button at the top of the page. If you click on Paraparaumu you will get linked to us here at Kapiti Coast Funeral Home. If you would prefer, one of our 5 experienced Funeral Directors can make time to see you at the Funeral Home and we can apply online with you guiding you through each step. A prepaid Funeral has a further financial benefit, with ADVERTISEMENT Kapiti Coast Funeral Home Funeral Directors ASSOCIATION OF NZ $10,000 being exempt from asset testing when assessing eligibility for long-term residential care. The money you pre-pay is held in the Funeral Trust, a National Trust run by the Funeral Directors Association of New Zealand. Consider a pre-paid Funeral with 'The Funeral Trust'. PREPAY AND PREPLAN YOUR FINAL FAREWELL FOR PEACE OF MIND Kapiti Coast Funeral Home there in times of need Office hours weekdays 9-5 Sat 10-1 On call 24/7 www.kapiti coast funeral home.co.nz PRINCIPAL SPONSOR Loss & Grief CENTRE HINEMOA ST PARAPARAUMU 04-298 5168 NZIFH Funeral Directors ASSOCIATION OF ME - Farewells with limited Funds ( Insurance vs Pre Paid ) NEW YEARS THINKING ith new of and the media NO FEES to set up the pre - payment plan W us things are going to get financially tighter this year , and to watch our " pennies " , thoughts of getting your house in order " are common , and so I found myself sitting with a gentleman wanting to pre - plan his final farewell . " I don't want a big flashy funeral , " he told me , " but I do want my family and close friends to have a chance to say farewell " he continued . " the thing is , " said the gentleman " I took out a funeral insurance 25 years ago for $ 4,000 " ( which covered a funeral back then ) but now with inflation , it won't cover much , " he said . The gentleman was planning on living a few more years , but 25 years on he worked out he had paid nearly $ 26,000 in premiums but still only had $ 4,000 cover . He had come to see me to ' top up ' his funeral to $ 10,000 as he had heard that the ' Funeral Trust ' , the largest National Funeral pre - payment scheme , had no fees and on top of that it paid interest . He wanted to know if this was true and if there were any hidden costs . When I told him that he had heard correctly that there are : A local family owned business serving Kapiti for 30 years NO FEES ongoing administration fees NO FEES when claiming at the conclusion And also the Funeral Trust pays out interest each year , and he was amazed . " So the fund grows and not stays stagnant like the insurance " he stated and signed up in a flash . His final comments to me were .. " Why don't you tell people about this " , and so I share his story with you now ! Setting up a plan can be done easily and simply . online at www.thefuneraltrust.co.nz and by clicking on the ' join ' button at the top of the page . If you click on Paraparaumu you will get linked to us here at Kapiti Coast Funeral Home . If you would prefer , one of our 5 experienced Funeral Directors can make time to see you at the Funeral Home and we can apply online with you guiding you through each step . A prepaid Funeral has a further financial benefit , with ADVERTISEMENT Kapiti Coast Funeral Home Funeral Directors ASSOCIATION OF NZ $ 10,000 being exempt from asset testing when assessing eligibility for long - term residential care . The money you pre - pay is held in the Funeral Trust , a National Trust run by the Funeral Directors Association of New Zealand . Consider a pre - paid Funeral with ' The Funeral Trust ' . PREPAY AND PREPLAN YOUR FINAL FAREWELL FOR PEACE OF MIND Kapiti Coast Funeral Home there in times of need Office hours weekdays 9-5 Sat 10-1 On call 24/7 www.kapiti coast funeral home.co.nz PRINCIPAL SPONSOR Loss & Grief CENTRE HINEMOA ST PARAPARAUMU 04-298 5168 NZIFH Funeral Directors ASSOCIATION OF ME