|Posted on 16 December, 2017 at 5:55|
We find that many people aged 60 plus have a real aversion to paying funeral insurance (or any bill for that matter) by direct debit. We are not quite sure why but maybe it is because that age group prefer to control the payment requirements more than leaving it in full control of the service provider.
Most funeral plans allow only payment by direct debit, and to be honest the insurers mainly do it for their own benefit as it saves them a lot of administrative time, but that is not user friendly to customers.
One of our preferred funeral cover NZ insurers will allow you to pay your funeral insurance by internet banking or automatic payment at no extra cost. They allow you control the payments as they understand that when on a fixed income it is not always easy to fit in to a pre-determined payment schedule of a certain day (often of the insurers choosing).
With this option you just have to make sure your payment is received by the funeral insurance provider before the end of the month it is due. So, it can fit around other bills or when an income or superannuation is received.
If payment by internet banking or automatic payment for your funeral insurance is important to you please enquire with us, fill in our online enquiry form and we will include details of this option in any information we email you.
Paul Woollams, Funeral Insurance NZ