Funeral Insurance
Funeral insurance in Australia is designed to offer financial support to help pay for your funeral service.
Funeral cover pays a lump sum amount which can be used to pay for your funeral expenses. This lump sum payment is based on your sum insured which can be:
- $5000,
- $10,000, or
- $15,000.
Any money left over can be used to give to loved ones as you see fit.
No-Risk Funeral Insurance
A funeral insurance policy can offer a 100% refund of premium paid if death is not by accident or suicide in the first 2 years.
Some other benefits include:
- First month’s premium free
- Covered until you die - provided you pay your low cost premiums when due, you will be covered until you die - no matter when.
- Cover from less than 80 cents per day* - provides affordable financial assistance for your family.
*Based on a monthly premium of $23.93 for $10,000 plan for a male non-smoker aged 59 years (Zurich Financial 2009)
Funeral Plan Features
- No medicals
- Stop paying premiums once you reach the sum insured (cumulative payments)
- Guaranteed acceptance if you are aged between 45 and 70 years
- Pays the full sum insured if death is caused by accident within the first 2 years of the policy only
Funeral Insurance Quotes
Don’t risk leaving your family financially unable to pay for your funeral. Funeral services can cost a small fortune, particularly when you add up all the funeral costs.
You need to consider the cost of burial plots or cremation services, funeral homes, flowers, caskets and much more.
To relieve your future funeral costs, get an instant online funeral insurance quote today.
