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The Guardian - AU
The Guardian - AU
National
Lorena Allam

Youpla funeral fund: compensation scheme to begin for Aboriginal victims of predatory insurer

Youpla ACBF ACBFYoupla Linda Burney Stephen Jones Guardian Australia AFCA ASIC Insurance
Minister for Indigenous Australians Linda Burney
Minister for Indigenous Australians Linda Burney and financial services minister Stephen Jones say the ACBF-Youpla compensation program is a ‘interim arrangement’ while further steps are investigated. Photograph: Mick Tsikas/AAP

Thousands of Aboriginal families left without the means to pay for funerals after the collapse of the predatory insurer ACBF-Youpla will be able to apply for financial relief when an emergency scheme begins on Wednesday.

Under the scheme, announced by minister for Indigenous Australians, Linda Burney and financial services minister Stephen Jones, people who held policies with ACBF-Youpla as of 1 April 2020 will receive a payout for funeral expenses equal to the one they were originally promised by the company.

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