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 $4,000 for a basic funeral, to $15,000¹ for something more swish
  • Your funeral is paid for out of savings you've put aside 
  • If a person has no money or assets and there is no money to pay for a funeral, the government may pay for what is called a ‘destitute’ funeral which is very simple. Eligibility and funeral assistance varies by state.
It can be a different story if you have funeral insurance. Like other types of insurance you pay regular premiums for a fixed amount of cover. The Insuranceline Value Promise means that after your first 12 months of cover, when a claim is made 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. This money can be used to pay for your funeral and other final expenses.

Alternatives to funeral insurance are a pre-paid funeral plan and a funeral bond. But there can be 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 an 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 money in the kitty to do so
  • Your family can count on us - the money is generally paid out within 24 hours of a valid and completed claim being received by the claims team, so your family can pay costs upfront.
  • Premiums are level, meaning they are based on your age when cover starts. With Insuranceline, as long as you don’t make any changes to your cover, your premium won’t go up just because you get older².
  • Choose the amount and premium payment plan you can afford.
  • You’re covered right away for Accidental Death. If you die from other causes within 12 months, there’s no payout but we’ll refund all your Funeral Insurance premiums to your beneficiary.
  • Cover, with no medical or health questions if you’re aged 21 to 80 and an Australian citizen, Australian permanent resident or New Zealand citizen residing in Australia.
  • Get a 5% discount for you and your partner when you cover your partner under the same funeral insurance policy³
Compare ways to pay for your funeral

Is funeral insurance for me?

Funeral insurance can be a convenient way to spare your family from an expense that might cause them financial stress. 

If, like many people, you don’t have thousands of dollars at hand, then funeral insurance can be a simple and affordable way to cover the costs of a funeral.  



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

© 2019 Insuranceline

¹ Source: www.moneysmart.gov.au/life-events-and-you/over-55s/paying-for-your-funeral. Costs are estimates only and vary depending on state, and the services and features chosen.

² The premiums may change if you make changes to your Policy or if the underlying premium rates are changed by us. However, you will never be singled out for a premium rate increase.

³ The discount doesn’t apply to Extra Accidental Death Cover and Accidental Injury Cover.



^Offer available to Insuranceline customers who complete an application for a Life Insurance, Income Protection or Funeral Insurance policy between 20 November 2017 and 31 March 2020 (inclusive) and are issued with a policy with a commencement date prior to 00.01AM (AEST) 1 May 2020. To be eligible policyholders must hold the policy for 2 consecutive months and pay 2 months’ premiums in full. One Gift per customer. Full terms and conditions at www.insuranceline.com.au/giftcard. Gift Card issued by Indue Ltd ABN 97 087 822 464 AFSL number 320 204. We reserve the right to change the Visa gift card issuer at any time.

~Bonus 25% more cover is calculated on the fifth anniversary from the Cover Commencement Date. Each adult life insured will have an extra 25% of the average FIC amount held during the previous five years added to their Funeral Insurance benefit. Terms and Conditions apply. Refer to the PDS for more information.

The information provided on this website is general advice only and does not take into account your individual needs, objectives or financial situation. Before you decide to buy or to continue to hold an insurance product, you must read the relevant Combined Product Disclosure Statement (PDS) and the Financial Services Guide (FSG). The PDS/FSG contains important information which will help you understand the product, including what's covered and what's not covered and to decide whether it is appropriate for you.

Promoted by Insuranceline, a trading name of TAL Direct Pty Limited (of Level 16, 363 George Street, Sydney NSW 2000) ABN 39 084 666 017 AFSL 243260. TAL Life Limited ABN 70 050 109 450 AFSL 237848 issues the life insurance benefits. St Andrew's Insurance (Australia) Pty Ltd ABN 89 075 044 656 AFSL 239649 issues the Involuntary Unemployment Cover. Pet Health Plan is issued by The Hollard Insurance Company Pty Ltd ABN 78 090 584 473, AFSL 241436.

The way in which Insuranceline & St Andrew’s collect, use, disclose and secure your personal information is set out in their respective Privacy Policies available at www.insuranceline.com.au and www.standrews.com.au.

‡Insuranceline is the longest standing provider of funeral insurance in Australia, based on: Strategic Insight, Actuaries & Researchers. Funeral Insurance means a policy with periodic premium payments that provides a lump sum to help pay for funeral and associated expenses when you die, and excludes pre-paid Funeral Plans and Funeral Bonds.