What Happens if I Don’t Have Funeral Insurance?

There are three things that might happen if you don’t have funeral insurance;
  • Your family and/or friends pay for and organise your funeral, which could cost anywhere from $4000 for a basic funeral, to $15,000  (Money Smart, Australian Securities & Investments Commission, 2012) for something more swish
  • Your funeral is paid for out of savings you've put aside 
  • The State pays for a very simple funeral – no chapel service nor headstone
It’s a different story if you have funeral insurance. Like other types of insurance you pay regular premiums for a fixed amount of cover. The full cover amount is paid out when you die, to the person you name as beneficiary – usually a close friend or family member. This money can be used to pay for your funeral.

Alternatives to funeral insurance are a pre-paid funeral plan and a funeral bond. But there are disadvantages with both of these options.

Compare the benefits of funeral insurance with pre-paid funeral and funeral bonds.

Funeral insurance is a simple solution

Our funeral insurance is a simple and straightforward solution with valuable benefits for both you and your family.
  • Your loved ones are spared the expense at a difficult and stressful time
  • You’re in control and can plan your funeral so it happens just the way you want it, with enough money in the kitty to do so
  • Your family can count on us - the money is generally paid out within 24 hours of the completed claim being received by the claims team, so your family can pay costs upfront 
  • Premiums are guaranteed to never go up (unless you make changes to your policy)
  • Cover is FREE once you reach your premium cap or celebrate your 90th birthday, whichever comes first!
  • Choose the amount and premium payment plan you can afford
  • You’re covered right away for accidental death. If you die from natural causes within 12 months, there’s no payout but we’ll refund all your premiums to your family
  • Double payout if you die accidentally while you’re still paying premiums
  • Cover, with no medial or health questions if you’re an Australian resident aged 21 to 80 
  • Get a 15% discount for you and your partner when you cover your partner under the same funeral insurance policy
Compare ways to pay for your funeral

Get the full story on funeral insurance – watch our short and informative videos

Click here to get an online quote or give us a call on 13 77 87 to talk to our friendly staff.

Is funeral insurance for me?

Funeral insurance is an excellent way to spare your family from an expense that might cause them financial distress. 

If, like most people, you don’t have thousands of dollars at hand, then funeral insurance is a simple and affordable way to cover the costs of a funeral.  
Watch our video Lifetime Protection Promise – it explains that after five years of having funeral insurance you still receive a benefit if you can no longer pay premiums.

Click here to get an online quote or give us a call on 13 77 87 to talk to our friendly staff.