New Funeral Insurance

It’s great to leave your family protected from funeral costs. Now our new Funeral Insurance makes it easier for you – with level premiums guaranteed never to go up if you don't make changes to your policy. Level premiums make your cover more affordable, so you can set it, forget about it and get on with being great.

Benefits at a glance:

  • Guaranteed level premiums that will never go up
  • Save up to 25% over the life of your policy^
  • Quick Funeral cover payout - generally within 24 hours of us receiving a completed claim
  • Lower premiums the sooner you start
  • Flexible cover with your choice of payout, up to $15,000

Our New Funeral Insurance is fast, easy and straightforward.

  • Fast payout, generally within 24 hours – upon receiving completed claim.
  • Up to $15,000 payout - to your loved ones when you pass away, to help them take care of your funeral costs and final expenses.
  • Double payout – up to $30,000 if your death is accidental while you’re still paying premiums.

Want to find out more about an easy way to sort out your funeral costs? Compare the different ways to plan ahead.

Great reasons to take out our new Funeral Insurance:

Your loved ones taken care of.

We’ll pay your chosen benefit to your family if you die from an accident at any time after taking out your policy, or from any cause after the first 12 months of your policy. Plus whatever your chosen cover amount, we’ll pay double that amount - up to $30,000 - if you die as the result of an accident while you’re still paying premiums for Funeral Insurance cover.

Premiums guaranteed never to go up.

We guarantee the premium you pay when you first take out your Funeral Insurance will stay the same for the life of your policy, unless you make changes to your cover. We’ll also make sure you don’t pay too much, by capping the overall amount you pay in premiums. Once you’ve reached your premium cap, your cover will continue for free.

Flexible cover.

You can choose your cover amount, and a flexible payment option to suit your budget. You can also choose to add Extra benefits such as Extra Accidental Injury Cover to your policy, and extend your cover to other members of your family.

Protection right from the start.

From day one of your policy, you’re covered for accidental death. If you die from other causes in the first 12 months from when you took out your policy, no claim will be paid to your family, but we’ll refund the premiums you paid so far. After you turn 90, on the anniversary of your policy, we’ll cover you for free – with no more premiums to pay!

Cover on the spot.

If you’re an Australian resident aged 21 to 80, you can get Funeral Insurance over the phone in minutes, and you’re guaranteed acceptance with no medicals or health questions. There’s even a 30 day money back guarantee.

No surprises.

We speak in plain English, and we explain everything clearly with no jargon or nasty surprises. So you’ll know exactly what’s covered and what isn’t.

Your family can count on us.

When the time does come, we make the process as stress free as we can for your family, with personal attention from an experienced Claims Manager. And we’ll ensure a fast payout generally within 24 hours of receiving their completed Funeral Insurance claim, so they’ll have the money when they need it.

Want to know more about our Funeral Insurance? Read the Funeral Insurance Product Disclosure Statement, call 13 77 87 to get a Funeral Insurance quote today.

^Savings based on a comparison of InsuranceLine’s stepped premium Funeral Plan and level premium Funeral Insurance for a 60 year old with $6,000 cover over 20 years.
~Advertising disclaimer: Premiums guaranteed never to go up unless you make changes to your policy. Savings based on a comparison of InsuranceLine’s stepped premium Funeral Plan and level premium Funeral Insurance for a 60 year old with $6,000 cover over 20 years. Fast payouts do not include any payouts for Extras cover.

If you’d like to take care of the costs to help make it easier on your family when you pass away, then Funeral Insurance may be for you. You can choose a policy that covers just you, or you and other adult family members, and/or children under 21. Everyone you add on to your policy will have the same Funeral Insurance cover amount.

Plus, when you cover more than 1 adult, each adult receives a 15% discount off the Funeral Insurance premium (this doesn’t apply to Extra Accidental Death Cover and Extra Accidental Injury Cover).

Want to find out more about an easy way to sort out your funeral costs? Compare the different ways to plan ahead.

To find out more about our Funeral Insurance and whether it’s right for you, call us on 13 77 87 or read the Funeral Insurance Product Disclosure Statement.

You can take out from $2,000 up to $15,000 in cover. How much you choose is up to you, and what you think your family might need. With flexible fortnightly, monthly or annual payment options, Funeral Insurance is an easy way to help your family say farewell, and tie up any loose ends.

You can also choose to add extra protection to your policy:

  • Extra Accidental Death Cover – leave your family a higher payout of up to $50,000 in the event of your accidental death.
  • – leave your family a higher payout of up to $50,000 in the event of your accidental death.

  • Extra Accidental Injury Cover – protect yourself in case of a serious or permanent injury, with fixed payouts of up to $50,000, depending on the type of injury.
Want to know more about Funeral Insurance? Call 13 77 87 to get a Funeral Insurance quote  today.

At InsuranceLine, we'll answer all of your questions in plain English, so you know exactly where you stand. Here you can find answers to the most common questions we get asked about funeral cover. For anything else, call us on 13 77 87 or read the Funeral Insurance Product Disclosure Statement.

What are the different ways I can pay for my funeral?
You have several options when it comes to paying for your funeral. You could take out funeral insurance; pre-pay with a lump sum or regular instalments; or buy funeral bonds. Read more about different ways to pay for your funeral. 

What’s covered with InsuranceLine Funeral Insurance and what’s not?
With our Funeral Insurance, you’re covered for:

  • Accidental death from the minute your application is accepted. In fact, we’ll double the payout for accidental death while you’re still paying Funeral Insurance premiums.
  • Death from any cause after the first 12 months of your policy. If you die from a cause other than an accident within the first 12 months, we won’t pay a benefit, but we will refund 100% of the premiums you’ve paid.

What is Accidental Death?
Accidental Death means a death as a result of physical injury caused solely and directly by violent, external and visible means, while Cover is in force.  It does not include death arising from:

  • actual or attempted intentional self-injury or suicide
  • sickness, medical or surgical treatment
  • the taking of intoxicating liquor or drugs other than those prescribed for the life insured and taken in the correct dosage. 
    • What are my payment options?
      We’ve made our Funeral Insurance flexible so you can choose a payment option that fits your budget and lifestyle. You can pay fortnightly, monthly or annually – and you have a choice of two payment options – Level or Level Advantage.

      Compare and choose the right payment option for you:

       

      Level

      Level Advantage

      At what age can I take out cover?

      21-80

      21-70

      How do my premiums work? Your premiums will be displayed on your Policy Schedule

      Level premiums guaranteed for life – unless you make changes to your policy*

      Level premiums guaranteed for life – unless you make changes to your policy*

      How long will I be paying premiums for my Funeral Insurance?

      Until you reach 90 or the amount that you pay in premiums equals twice your cover amount, provided you don’t make changes to your policy*                     

      Until the amount that you pay in premiums equals your cover amount, provided you don’t make changes to your policy*                     

      How do I know which payment option works best for me?

      You’re aged 80 or under.
      You’d like to pay less in premiums knowing that your premiums will be capped at twice the amount of your chosen cover amount .

       

      You’re aged 70 or under

      You can afford to pay a little more in premiums ongoing so that you won’t pay more in premiums overall than your chosen cover amount.

      Changes include:

      • Adding people to or removing people from your policy
      • Adding Extra benefits to or removing Extra benefits from your policy
      • Increasing or decreasing your cover amount
        • Can I get cover at any age?
          If you’re an Australian resident aged 21 to 80, you’re guaranteed acceptance for our Level option Funeral Insurance – with no medical tests. After you turn 90, on the anniversary of your policy, we’ll cover you for free – with no more premiums to pay!

          Will my premiums go up?
          With our Funeral Insurance, your premiums are guaranteed to remain level for life. That means that the premium you pay when you first take out your cover will stay the same throughout the life of your policy, unless you make changes to your cover – for example, if you add Extra benefits or more people to your policy, or increase your cover amount.

          If I cancel my policy, will I get a refund?
          When you take out the Funeral Plan with InsuranceLine, we give you a 30 day money back guarantee - so if you cancel your policy in the first 30 days, we’ll give you a complete refund.

          What happens if I can’t pay my premiums? 
          We understand that today's financial demands on your family can be tough, so if you're having trouble paying a premium, please contact us immediately to talk it over. We may be able to work out an alternative that better suits your budget that still allows you to leave your loved ones protected.

          Your cover is only valid if your premiums are paid when due, so if you stop paying your premiums, your cover will end.

          However, if you have selected our Lifetime Protection option, once you’ve held a Funeral Insurance policy for 5 years and paid your premiums when due, your family will still be eligible for a partial payout – even if you cancel your cover, or stop paying your premiums.

          Are my premiums tax deductible?
          Based on current tax laws, you can’t usually claim your Funeral Insurance premiums as a tax deduction. However, individual circumstances vary, and you should always consult an accountant or financial advisor for matters relating to tax.

          Who will I be dealing with during my claim?
          Your family will be given a dedicated Claims Manager whose details will be on the accompanying cover letter that we’ll send in the event of a claim. They will personally oversee the claim and help your loved ones work through any details, so they can receive financial assistance fast. 

Want to know more about our Funeral Insurance? Call 13 77 87 to get a Funeral Insurance quote today.


funeral-plan-australia

Why do I need funeral insurance?

Funeral insurance is something you might not have thought of, but could make a real difference to your family.

funeral-insurance-insuranceline

Importance of a current will

There are many reasons why people should think about writing a will.