Are you entitled to the new Youpla Support Program?
Youpla Group, previously known as Aboriginal Community Benefit Group, went into liquidation in 2022, along with all of its funds. Any consumers were no longer covered under funeral policies, which unfortunately included many Elders who we support.
The federal government has just announced a new program that will be available for people who held an active policy with Youpla group after the 1st of August 2015.
Eligible recipients will be offered the choice of a resolution payment in the form of a funeral bond, valued at 60 per cent of what they paid to the Youpla Group for the policy. Otherwise, recipients can opt for a cash payment.
A funeral bond is like a savings account. Money that goes into a funeral bond can only be used to pay for a funeral. The company that provides the funeral bond will be regulated by Government. – National Indigenous Australians Agency
For application information please follow this link to the treasury web-page https://treasury.gov.au/youpla. Applications close 30th of June 2026.
Eligible recipients can also receive free financial counselling.
The number for the Treasury is 1800 296 989
