Partnering with Foresters Financial
To protect your investment, Millingtons works exclusively with Foresters Financial, a registered Friendly Society with over 170 years of experience. We invest prepaid funds into a Foresters Financial Funeral Bond—a secure, purpose-built product that ensures your money is only used for funeral costs.
Key Features of the Funeral Bond:
Funds are only released at the time of your passing.
Do not count toward your assets test for Centrelink/Services Australia.
(This can benefit your eligibility for the Age Pension, Carer Payments, etc.)
Tax is paid within the fund—no need to declare investment income.
Any surplus funds after the funeral are returned to your estate.
Flexible Payment Options
You can contribute to your funeral bond in a way that suits you:
Initial contribution: from $100.
Ongoing contributions: from $25/month.
Pause and restart payments at any time—no loss of your investment.
Unlike funeral insurance, there’s no penalty if you need to stop payments temporarily. Your contributions accumulate with interest and are securely held until they’re needed.
Planning today for peace of mind tomorrow.
While we plan for many important milestones in life, few of us take the time to prepare for one of life’s certainties—our passing. A prepaid funeral plan allows you to make thoughtful decisions in advance and relieve your loved ones of the emotional and financial strain during a difficult time.
At Millingtons, we help you create a personalised plan that reflects your wishes and ensures everything is taken care of when the time comes.
Why Choose a Prepaid Funeral Plan?
Eases the burden on family – emotionally and financially.
Guarantees your wishes are followed.
Flexible payment options.
Secure, legally protected investment.
All prepaid funeral plans are managed in accordance with the
Prepaid Funeral Act, and are audited annually to ensure compliance.
Millingtons has a contractual obligation to provide the services specified in your agreement—so your arrangements are safe, secure, and guaranteed.
Millingtons has a contractual obligation to perform the services specified in the contract. All prepaid contracts and investments are handled under the Prepaid Funeral Act. Prepaid funerals are audited annually to ensure we are complying with all regulation and legislation. The complete security of the plan is not only assured by Prepaid Funeral Act but also the reputation of Millingtons who have been serving Tasmanians for more than 90 years. Millingtons invest prepaid monies with the registered company of Forester’s Friendly Society.
