Funeral Benefits

APS Benefits understands that immediately after a loved one passes away you need the peace of mind and financial support to provide for your loved one's funeral. When a member passes, APS Benefits pays their funeral benefit within 24 hours of notification to their nominated beneficiary. Now that's "Peace of Mind".

Frequently Asked Questions

Q. How do I get funeral cover through APS Benefits?

A. Acquisition of a funeral benefit is automatic upon becoming a member of APS Benefits.

Q. What level of funeral cover does membership of APS Benefits supply?

A. The amount of the funeral benefit is dependent on your age at entry into the funeral benefit fund. For example, if you join the fund at age 24 your funeral benefit will be $15,000. To view the funeral benefit cover table click here. To obtain an additional benefit up to a maximum benefit value of $15,000 (excluding any annual bonuses) you may pay a lump sum or increased membership fees. Parcels of $1,000 benefit are required when increased benefit is purchased.

Q. Is there a point where I can cease making payments but still be covered?

A. Once you reach the age of 70, membership fees are no longer payable,but your funeral benefit and annual bonuses continue for life.

Q. Can my level of cover increase without additional payment from me?

A. APS Benefits, at its own discretion, may declare an annual ex-gratia benefit (or "annual bonus"). This benefit is usually declared as a percentage of your total benefit and added to your existing benefit.  For example, if you are entitled to a benefit of $15,000 and an annual bonus of 2% is declared; the value of your benefit will increase to $15,300.  Annual bonuses carry over into future years.  For example, if the following year, an annual bonus of 2% is then declared, the value of your benefit will increase from $15,300 to $15,606. It is important to note that whilst your cover can increase through potential annual bonuses, it cannot decrease.

Q. How much is membership?
A. Membership of APS Benefits is only $5.20 per fortnight.  This maybe deducted directly from a member’s salary or paid by direct debit.  Quarterly and annual payments options are also available via direct debit and credit card.

Combined Financial Services Guide & Product Disclosure Statement
When you become a member of APS Benefits you will automatically be entitled to a funeral benefit issued by APS Benefits. There is a Combined Financial Services Guide and Product Disclosure Statement for the funeral benefit, which can be obtained by clicking on the link at the base of this page. You should consider that document and consider whether the funeral benefit is appropriate for you, before deciding whether to become a member of APS Benefits.