Opening a plan account is straightforward
You decide how much you’d like to set aside – there is no minimum and no maximum.
Contact a Funeral Directors Association member funeral director who will help you think through a sensible amount based on the kind of funeral you have in mind.
You can:
- Make a single lump-sum contribution
- Contribute over time
- Open separate individual accounts for yourself and your partner
If someone else wants to open an account for you, they will need to hold formal legal authority to manage your affairs.
You won’t be paid returns or interest. Instead, the company running Now For Them invests all funds received into the plan and uses earnings from those investments to cover all operating costs, any applicable funeral assistance payments and charitable donations. The company employs specialist actuarial advice in order to do this on a sustainable basis.
Recording your wishes
If you’d also like to record your wishes – burial or cremation, the kind of service, the music, who officiates – your member funeral home can help you do that separately. It isn’t a part of Now For Them, but many people find it valuable, because it means their family isn’t making difficult choices in the middle of grief.
Learn more about prearranging your funeral and download our For You, My Farewell Guide booklet to record your wishes and help leave peace, not decisions, for your loved ones.
Important information
Like any important decision, this one’s worth understanding properly.
It’s important to know Now for Them gives you and your family peace of mind money is set aside for your funeral, but it doesn’t pay interest or returns on contributions made by you and the company has no responsibilility for any capital growth or maintenance of the real value of funds set aside for your funeral.
The Funeral Trust Services Limited is registered as a financial service provider in New Zealand but is not licensed by a New Zealand regulator to provide the Now For Them plan. Registration doesn’t mean that The Funeral Trust Services Limited is subject to active regulation or oversight by a New Zealand regulator. For more information about the scope of our registration, please visit the Financial Service Providers Register.
Your member funeral home will provide you with the full terms and conditions before you join, which will include information about our right to close your account on reasonable notice. You can also access the latest version of the Terms & Conditions here.
