Funeral Insurance Quotes

Getting a funeral insurance quote can take a serious amount of time. Time each company explains how their product works, explain the benefits and features you can end up on the phone for 30 minutes. A Funeral (aka Burial) insurance quote is relatively simple as you are guaranteed acceptance if you are aged between 18-80 and are an Australian resident.

Funeral Insurance Quotes and Premiums are calculated on your age. The older you are, statistically the sooner you will die and therefore you will pay a higher amount for your funeral plan.

There are generally two options with premiums and quotes. Always get two quotes so you can make an informed decision. As this policy is a type of life insurance, generally each year you get older the premiums increase, so when you get to 70 and really need to have the protection you may no longer be able to afford the cover and you will lose all the money you have paid to the insurance company. These types of premiums are called stepped premiums.

Level premiums is where you agree to pay an amount, the same amount for the entirety of the policy. This enables you to be able to know each month how much your premium will be as well as in 10 years time. With level premiums you will generally be offered less cover for your money but at least your premiums will not increase.

For more information on funeral insurance cover, use the form on the right hand side and we will have an expert consultant give you a call.