Funeral Insurance

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Seniors Funeral Insurance

Seniors Funeral Insurance provides your loved ones with a financial helping hand when they need it most. At Australian Seniors, we give your family quick access to cash to cover your funeral costs and other unpaid expenses you may leave behind, with claims usually paid within one business day of receiving completed documentation.

Our Seniors Funeral Insurance cover comes with a range of quality benefits because Australian Seniors understands that the last thing your family needs is to worry about money during an emotional time.

Benefits:

  • Choose cover from $3,000 up to $15,000, with cover for Accidental Death only in the first 12 months
  • Quick payout to your family - Claims are usually paid within 1 business daya
  • With our Top Cover, when you claim, receive your covered amount, or all of the premiums you’ve paid in – whichever is greaterb
  • No forms, medical exams or blood tests required to apply
  • Guaranteed acceptance for Australian residents aged 18 to 79 years
  • Accidental Serious Injury benefit provides three times your chosen benefit until age 75 to cover defined significant life-changing events caused by an accident – at no extra cost
  • Single or joint cover available
  • Triple benefit for Accidental Death - Receive triple your benefit amount if your death is the result of an accident – up to $45,000
  • Premiums that reduce by 5% every five years you hold your policy
  • With our Top Cover, you have the choice to cancel cover when you turn 85 to receive an Early Cash Back payment of 150% of your benefitc
  • Fortnightly or monthly payment options, at no additional cost
  • 30 days cooling-off period with money back guarantee
 

Or call our friendly, Australian-based customer service team on 1300 078 596

Compare Funeral Insurance Products

The following table shows you how Seniors Funeral Insurance Top Cover compares against similar products available from other insurers.

Benefits Seniors Funeral Insurance Top Cover Insurer A Insurer B Insurer C
Death Cover Waiting Period

12 months

12 months

12 months

12 months

Extra Cover for Accidental Death

Yes

Triple benefit

Yes

Double benefit included with option to increase

No

No

When you claim you receive the Benefit amount or Premiums paid, whichever is higher

Yes

Yes

Yes

Yes

At age 85, choose an Early Cash Payout of 150% of the Benefit Amount

Yes

Yes

No

No

Levelled Premiumsd

Yes

Standard

Yes

Standard

Yes

Optional

Yes

Optional

Accidental Serious Injury Covere

Yes

At no extra cost

Yes

At no extra cost

No

No

Early payout on diagnosis of Terminal Illness

No

No

Yes

Yes

This information is accurate as at 7 December 2018. This table compares a sample of policy features, but does not compare all aspects of each policy. There are also other policies available that have not been compared. Each insurer charges different prices for their cover, however, you should also consider the premium structure that is available. Policies which have a lower premium in the first year of cover may not always be cheaper over the long term.

 
Or call our friendly, Australian-based customer service team on 1300 078 596.

Frequently Asked Questions

How does funeral insurance work?

Funeral insurance is paid in the form of a lump sum benefit your family can use to pay immediate expenses, such as your funeral service or any outstanding debts you may have.

You choose a cover amount to suit you, and pay ongoing premium payments, usually fortnightly or monthly. In the event of claim, your beneficiary will receive your cover amount.

 
 
 
Make sure you also read our Product Disclosure Statement to find out if this product is right for you.

Things to know

  1. Claims usually paid within 1 business day from the time all required documents are received.
  2. This is subject to you keeping your policy in force and without changing your level of cover. There is no refund of premiums after the cooling off period. If your policy is cancelled prior to age 85, no benefit is payable.
  3. If you choose the Early Cash Back option, you will no longer be eligible to claim and you may receive less than the total premiums you’ve paid into your policy to date.
  4. Level premiums are premiums that do not increase with time. The other type of premiums is stepped premiums which generally increase each year to take account of the increased risk to the insurer as you age.
  5. Events covered by Accidental Serious Injury Insurance will vary between insurers. Accidental Serious Injury covers defined significant life-changing events caused by an accident until the age of 75.