Funeral Planning Options Presented by INSERT FUNERAL DIRECTOR

Funeral Planning Options Presented by << INSERT FUNERAL DIRECTOR BUSINESS NAME>> 19 May 2021

Disclaimer • The views, opinions or recommendations of the presenters are solely their own and do not in any way reflect the views, opinions, recommendations, of << INSERT FUNERAL DIRECTOR BUSINESS NAME>> ABN << INSERT FUNERAL DIRECTOR ABN>>. • Information and materials presented are for educational purposes only and do not a constitute a prospectus, produce disclosure statement or other offer document under Australian Law. This presentation is not a financial product or investment advice, accounting, legal or tax advice nor a recommendation to acquire any product. Investors should obtain independent advice from an Australian financial services licensee before making investment decisions. No responsibility is accepted by << INSERT FUNERAL DIRECTOR BUSINESS NAME>> for any loss or damage arising in any way, including due to negligence, from anyone acting or refraining from acting as a result of this information or materials. • Information in this presentation is based on facts known at the time of its preparation. It does not purport to contain all relevant information, nor does it contain all the information which a prospective investor may require in evaluating a possible investment or that would be required in a prospectus or product disclosure statement prepared in accordance with the requirements of the Corporations Act 2001. Although the presentation is based on information contained from sources believed to be reliable, << INSERT FUNERAL DIRECTOR BUSINESS NAME>> does not make any representations or warranty that it is accurate, complete or up-to-date and << INSERT FUNERAL DIRECTOR BUSINESS NAME>> accepts no obligation to correct or update the information or opinions in it.

Funeral Planning Options 1. 2. 3. 4. Pre-arranged funeral plan Fixed price funeral plan Funeral Bond Funeral Insurance

Option 1: Pre-arranged Funeral Plan

What is a Pre-arranged Funeral Plan? • A document with your funeral wishes Pre-arranged Funeral Plan

Advantages • Simply documents your funeral wishes • As detailed as you like • Loved ones know your wishes and how you want to be remembered • Eases loved ones emotional burden • No money or contract involved Pre-arranged Funeral Plan

Disadvantages • Not binding • Doesn’t protect against rising funeral costs • Only funeral wishes so they don’t have to be followed by loved ones Pre-arranged Funeral Plan

Personal Profile booklet • Consider completing the Foresters Financial Personal Profile booklet Pre-arranged Funeral Plan

Option 2: Fixed Price Funeral Plan 19 May 2021

What is a Fixed price Funeral Plan? • Binding contract between you and funeral director • Formally documents the specific details of your service • Costs fixed at today’s prices • Money is managed in your name Fixed Price Funeral Plan

Advantages • Rest assured that when the time comes, the funeral director will carry out the service as set out in your contract • Protects from rising funeral costs • Funeral director bears financial risk • Pension advantages – not deemed an asset • No limit on how much you can invest • Eases your loved ones emotional and financial burden • Funeral director must perform the service to claim Fixed Price Funeral Plan

Disadvantages • Can only cancel within cooling-off period • Changes to funeral plan only allowed if all parties agree • Can only be transferred to a different funeral firm if original funeral director agrees Fixed Price Funeral Plan

Option 3: Funeral Bond 19 May 2021

What is a Funeral Bond? • Sets aside funds only with no specific plan • Leaves all decisions to loved ones • Specific purpose to contribute toward future funeral expenses • Limit to how much can be invested $13, 250 (indexed annually 1 st July) Funeral Bond

Advantages • Investment must be used to pay for your funeral expenses • Pension advantages – not deemed an asset, provided it is under $13, 250 • Eases your loved ones financial burden • Investment grows in value – annual bonuses in tax effective environment • Investment is capital guaranteed and held in your name • Your investment moves with you - suburb or state • Any excess is paid back to your estate • It’s portable – not locked into a funeral director, but can nominate a preferred funeral director • Option of regular contributions Funeral Bond

Disadvantages • Does not document your preferred funeral arrangements – not binding • Doesn’t protect from rising funeral costs • Doesn’t protect loved ones from all the decision making at an emotional time Funeral Bond

Option 4: Funeral Insurance 19 May 2021

What is Funeral Insurance? • Funeral Insurance is a policy that will give your family a lump sum payment to help pay for funeral and associated expenses when you die. • You pay monthly or fortnightly premiums (ongoing payments) for a fixed amount of cover. Usually you can choose between $5, 000 to $15, 000 cover which will be paid to your beneficiary when you die. Extracted from ASIC (Australian Securities & Investments Commission) https: //www. moneysmart. gov. au/insurance/funeral-insurance Funeral Insurance

Advantages • If claimed within shorter period of time then you will get more than you paid in premiums, provided there is no clause that negates this • Talk to a funeral insurance company! Funeral Insurance

Disadvantages Stop paying and you get nothing Many funeral insurers have the same underwriter May struggle to continue to pay premiums May not qualify for cover if over 80 years old May not be covered if you die from natural causes in the first 1224 months • May not be tax deductable or offer pension advantages • May not be able to choose your preferred funeral director or funeral wishes • There is no guarantee that your claim payment will be sufficient or used to meet your funeral expenses • • • Please note: we suggest you do your own research into funeral insurance to see if it is right for you and your personal circumstances Funeral Insurance

Who are Foresters Financial? 19 MAY 2021

FORESTERS FINANCIAL • • Proud member-owned financial services company Originating as a Friendly Society in 1849 Community-focused Increasing member value NOT shareholders Over 80, 000 members $365 total funds under management Australian Prudential Regulatory Authority (APRA) and Australian Security & Investment Commission regulated • Registered under the Life Insurance Act 1995

OUR PRODUCTS Option 2: Fixed price funeral plan • Foresters’ Prepaid Funeral Plan Option 3: Funeral bond • Foresters’ Funeral Bond

OUR PRODUCTS (CONT. ) • Capital guaranteed – so your funds are secure • 14 to 30 -day cooling-off period depending on your state • Can be taken out in joint names • Optional Prepaid Travelcare Plan – when you are away from home (within Australia)

Thank You Talk to us today about how we can help with your pre-planning funeral options Visit us at << INSERT FUNERAL DIRECTOR ADDRESS>> Call << INSERT FUNERAL DIRECTOR PHONE>> Web << INSERT FUNERAL DIRECTOR WEBSITE>> 19 May 2021