What is Funeral Insurance?

Your funeral is your farewell to life, family and friends so of course you want it to be a special occasion but not a financial burden for loved ones. 

According to a 2018 Finder.com.au survey, the average cost of a funeral in Australia is $7,449. And ASIC’s MoneySmart website says funerals can cost anywhere from $4,000 for something simple to $15,000 for something fancier. Costs are estimates only and vary depending on state, and the services and features chosen.

Many people do not have that kind of money readily available to pay the funeral expenses. This is where Funeral Insurance comes in.

With Funeral Insurance, you pay a regular premium into your funeral policy. When you die your family gets a lump sum, usually paid within 24 hours of receiving the completed claim.

This money can be used to cover:

  • The funeral director’s fee
  • Transport
  • The casket/coffin
  • Fee for the chapel (if you use one) and the venue for the wake
  • Cemetery plot and headstone or cremation and urn
  • Flowers
  • Catering for the wake

How does our Funeral Insurance work?

It’s simple and straightforward:
  • Work out how much money is needed for your funeral. Get an approximate idea of funeral costs then ring around for quotes
  • Call us on 13 77 86 for a Funeral Insurance quote or get a quote online.
  • When the time comes, we ensure a fast, smooth payout so your family can pay upfront for your funeral expenses 

    Why Choose Insuranceline?

  • We are Australia’s longest standing funeral insurance provider‡
  • Premiums don’t go up each year just because you get older*
  • Value Promise - Our Value Promise means that at the time of a claim for the Funeral Insurance Benefit, we’ll pay the Funeral Insurance Cover Amount, plus any Bonus Cover, or 100% of the premiums paid toward your Funeral Insurance cover – whichever is greater. If you are looking for a lower cost option, you may choose a 70% Value Promise so that at the time of a claim for the Funeral Insurance Benefit, we’ll pay the greater of the Funeral Insurance Cover Amount, plus any Bonus Cover, or 70% of the premiums paid toward your Funeral Insurance cover+

  • Find out more about funeral plans, pre-paid funerals and funeral bonds