What is the Plan for?
It is to provide money to meet or contribute to the funeral and incidental expenses of each of your Nominees.
Can I take money out if I am short of money?
No. That is not how the Plan works. It is not a savings plan. There is no money “in your plan”. Rather, in return for the payments made to us we promise to make a payout, in accordance with the rules of the Plan, following the passing of each of your Nominees. That payout is only to pay funeral and incidental expenses of the deceased Nominee and is not to be used for any other purpose.
Can I use money for another person’s funeral expenses?
No. It is only for the funeral and incidental expenses of the deceased Nominee.