What is it?
Funeral insurance provides a lump sum benefit to your family or nominated person to alleviate the burden of funeral costs. You’ll be guaranteed cover if you are aged between 18 and 80, provided you are an Australian resident and haven’t been declined by a life insurer due to health reasons.
What does it cover for?
It provides up to $30,000 for funeral related expenses. For cover of $20,000 or more, you will receive a 10% premium discount, with further discounts for multiple policies. You will be covered worldwide 24 hours a day, 365 days a year.
You can also choose to have your level of cover increase each year in line with inflation.