Being financially prepared for your funeral spares your family and friends from an expense they might not be able to afford. A funeral can cost between $4,000 and $15,000¹ and many people do not have that kind of money immediately available.
When weighing up the pros and cons of a pre-paid funeral plan, keep in mind that a funeral plan only covers your funeral costs, generally with no extra payout for accidental death.
The main disadvantage of a pre-paid funeral plan, however, is that if you die before the funeral is paid off and you are paying in instalments, then not all costs may be covered.
With Insuranceline you’re fully covered right away if you die from an accident, and after 12 months if you pass away from other causes.
And with Insuranceline’s Value Promise, after you've held the cover for 12 months, when the time comes to claim, your beneficiary/ies will receive the Funeral Insurance Benefit – plus any applicable Bonus Cover – or the total premiums paid for Funeral Insurance, whichever is higher. You’ll know exactly how much money your beneficiaries will receive and when they should expect to receive it.
Insuranceline is also the longest standing provider of funeral insurance in Australia*.
Now there are even more reasons to choose Insuranceline:
Funeral insurance is a way to take care of your family by helping take a major financial burden right out of the picture. Once it’s done, money for funeral arrangements is one less thing to worry about further down the track.
With Insuranceline funeral insurance, you can select the amount of cover you want and how you pay for it. This financial protection can be yours for as little as a few dollars a week (depending on your age and cover amount selected).
With funeral insurance, keep your premiums up to date and we'll: