The cost of a funeral comes as a surprise to many people. It’s not until we ring around for quotes or the bills come in, that we find out just how expensive a funeral can be. Luckily, the shock of funeral costs can be greatly reduced with a simple funeral insurance policy.
At InsuranceLine, we make Funeral Insurance easier for you – with affordable premiums. These start at just a few dollars a week.
As long as you don’t make any changes to your policy, your premiums will never go up. We guarantee it. Organise funeral insurance with us (it takes just a few minutes) and you’ll never need to think about it again.
How much does a funeral cost?
Funerals can cost anywhere from around $4,000* - $6,000 for a basic funeral, right up to $15,000 or more for something fancier. (*Money Smart, Australian Securities & Investments Commission, 2012)
Costs are generally made up of the following:
- Funeral director – also known as an undertaker, or mortician. Funeral directors organise the event and also source suppliers such as florists and the organist. Their fees vary a lot but generally start at around $2,000. It’s a good idea to ring around and get quotes.
- Transport – fees depend on the distance and vehicle
- Coffin or urn – coffins range in price from a couple of hundred dollars (eco recycled cardboard) to hundreds of dollars (basic timber) to thousands for a top-of-the-line casket. Urns are generally not as expensive unless they are customised or made from an expensive material. You might like to supply your own container for ashes
- Burial site – these vary from simple plots to mausoleums and burial vaults. Check out the cost in your chosen resting place, especially if it’s in a city as graves can be pricey in cemeteries short on space. Expect to pay from $3,000 and up to $5,000 or more
- Burial – the cost depends on whether you have already paid for a burial plot. There is an opening fee over and above the cost of the grave. This fee is around $1,500.
- Cremation – a simple, unattended service is around $1,000, while cremations with a service and extras are usually around $5,000
- Other expenses, such as a celebrant or clergy, flowers, newspaper notices, death certificates and costs associated with the wake will also be incurred.
- See our guide to funeral costs
With InsuranceLine funeral insurance, you can take out between $2,000 and $15,000 in cover – it’s up to you. You can pay your premium fortnightly, monthly or annually, which ever suits your budget. Funeral insurance premiums for a 60-year old (who has level premiums with lifetime protection)
24.5 yearsPremiums are capped
so you only pay them until your cap is reached, or until you celebrate your 90th
birthday – whichever comes first. After that, your funeral insurance cover is FREE.
We guarantee the premium you pay when you start out stays the same for the life of your policy - unless you make changes to your policy.
Find out more about pre-paid funerals, funeral plans and funeral bonds
to get an online quote or give us a call on 13 77 87 to talk to our friendly staff.
Get the full story on funeral insurance – watch our short and informative videos