Compare the cost of a prepaid funeral vs funeral insurance


Compare the cost in 4 easy steps with our simple calculator tool. A prepaid funeral could save you money.

A prepaid funeral plan can save you money. Our online calculator lets you compare the cost of a prepaid funeral plan against a funeral insurance policy in a few easy steps.

Prepaid funerals from W.D. Rose Funerals, Joseph Allison Funerals and Giannarelli Funerals are provided by Guardian Plan Over 50s Friendly Society, an APRA registered organisation. Visit for more information. 

Please note W.D. Rose Funerals group of funeral homes does not offer financial advice. See a financial planner to help you decide on the best option for you. 

Three reasons a prepaid funeral could save you money

  1. Locking in costs at today's prices - it's a fixed price funeral and you avoid rising costs.
  2. No ongoing payments - once paid in full there are no other costs.
  3. Pay in instalments or upfront - you don't need to have the full sum available today.

The Calculator

Compare the funeral costs of a prepaid funeral plan, funeral insurance and no protection in a few simple steps.

Please note: the figure of $7,800 is for comparison purposes only. As there are a wide range of funeral choices, your prepaid funeral plan may be less or more expensive based on the choices you make.

Full disclaimer available below the calculator.

Sorry there is an error with the values entered. Use whole numbers only.


  • Prepaid Funeral Plan

    With a prepaid funeral plan you pay for your future funeral service today, all at once or in easy to manage instalments.

  • Funeral Insurance

    With funeral cover from an insurance provider you pay a monthly premium until you pass away in order to benefit from the insurance pay out.

  • No Insurance or Prepaid Funeral

    This sum is indicative of what your funeral spend selected above would be after inflation at the time of your estimated life expectancy.


The default figure of $7,800 is for comparison purposes only. This value is an estimated average based on estimates from ASIC - average price quoted for a funeral can begin from $4,000 to $15,000 (

As there are a wide range of funeral choices, your Prepaid Funeral Plan may be less or more expensive based on the choices you make. The cost of a prepaid funeral will vary depending on the inclusions within the agreement. Any services required in addition to the original agreement may incur extra costs.

Funeral insurance figures are based on averages of funeral insurance rates across the market, from 18 products through 8 insurers, and averages have been taken across each segment of the market weighted by the market share of each product. The calculator, including the default assumptions adopted, has been prepared by Rice Warner Pty Ltd (Rice Warner). Rice Warner has advised the default assumptions adopted are reasonable as at 12 April 2019.

The default cover amount and funeral insurance results take into account your life expectancy, the effects of inflation, and is an average of funeral insurance rates across the market. 

The calculations and results produced by the calculator are for illustration purposes only and are not intended as a substitute for any specific financial advice you may obtain. You should not make any financial decisions based on this calculator without first consulting your licensed financial adviser.

The one off payment figure in the calculator is based on the effects of inflation, given the purchase of a funeral at the time of your death (calculated based on the assumption you die at your life expectancy).


Get Started Today

Call us on (03) 9593 1000, or request a call back by completing your details below and a prepaid funeral consultant will call you.