When you take out Funeral Insurance or Life Insurance with Insuranceline and you’ll also get a free will kit.
A will helps give you a final say on how you want your family to be taken care of when you die. Our free will kit will help you:
- Find out what you need to know about drawing up a will, with easy-to-understand instructions and sample wills to compare.
- Use the forms in the will kit to complete your will, leave it somewhere your executor can find it—and you’re done.
- Be confident, knowing that your wishes for sharing your assets and insurance benefits are clear.
Why do I need a will?
If you're over 18, a will is undoubtedly one of the most important things you can put in place to help ensure both the financial and emotional security of your family if you were to pass away.
Your will isn’t just about sharing out your assets, although that is an important part. It’s about who you appoint to look after your estate. If you have children, it’s about who should care for them if you’re no longer there. You can also make your wishes clear about how their inheritance should be managed, if they’re not old enough to look after it themselves.
Your will can also let you set out what happens to you when you die. For example, if you want to be cremated rather than buried, you can include that in your will so that your wishes are clear. Of course, if your financial affairs or family situation are particularly complicated, you may also need to talk to a legal or tax professional to ensure your Will is sound.
Cover under the Funeral Insurance Benefit is for Accidental Death only for the first 12 months of cover, including for any increases. Accidental Death has a special meaning in the PDS and some causes of death are excluded during this time—please refer to the PDS or call us for further details. After the first 12 months, the Funeral Insurance Benefit provides cover for all causes of death.