Funeral Insurance

There’s one thing you can trust to look after your family, NEW Suncorp Funeral Insurance

Designed to relieve your friends and family from the financial burden of your funeral, funeral insurance can offer you the peace of mind that your final expenses are paid for. By choosing NEW Funeral Insurance from Suncorp, you can benefit from a whole range of new and convenient features, while your loved ones will benefit from quick access to a lump sum payment to help cover the cost of your funeral.

The benefits

When it comes to choosing the right cover, flexibility and choice is important – which is why we offer more flexibility in cover and payment options, and a great range of new features to benefit you. Here’s an idea of where our product may differ from others;

  • Value Promise Guarantee
    If you are worried about paying more in premiums than you get back in return, our new Value Promise should set your mind at ease. When you claim, we’ll pay out either your cover amount, or the total amount you’ve paid in premiums – whichever is greater! For example, if you have a cover amount of $10,000 but, over the life of your policy, you’ve paid $12,000 in premiums, we’ll pay out $12,000. How’s that for trustworthiness!
     
  • Early Payment Benefit
    Whilst most insurers only pay out if you die, our new Early Payment benefit pays you if, after the first 12 months of the policy, you were to be diagnosed with a terminal illness. We’d pay you up to your full cover amount which you could use to enjoy your time with your family.
     
  • Flexible Premium Options
    As for payment and cover flexibility, you have the choice of stepped or level premiums. With stepped premiums, your premiums will generally start lower and gradually increase with your age each year. With level premiums, your premiums will remain the same until the policy anniversary following your 85th birthday, after which, cover becomes free.
Apply online by 10th Dec 2014 
and recieve a $50 eftpos gift card

Gift card terms and conditions apply. Policy must be in-force for 30 days and premium paid.

What do you get?

Feature Description
Sum insured between $5,000 and $30,000 Designed to help cover funeral costs, clear any debts and cover any other final expenses. For stepped premiums, the maximum sum insured at application is $30,000. For level premiums, the maximum sum insured at application is $15,000.
Quick and simple to buy No medical tests. Assured acceptance. It takes just a few minutes to buy online
Individual and Joint policies Take out cover for yourself, or easily obtain a joint policy to cover both of you.
Guaranteed acceptance if you are aged 45-75 – with no expiry Once you have cover, we guarantee renewal for life.
24hr World wide cover You’re covered 24 hours a day, every day of the year, anywhere in the world.
Cover for Accidents We’ll provide you cover if you were unfortunate to die from an accident.
Quick access to money Payment usually occurs within 24 hours, meaning your family could better deal with the potential financial stress of your funeral.
Nominate who receives the money Nominate someone who you’d like to receive your cover amount if you die, and we’ll make sure they get it.
10% cash back every three years. We’ll give you 10% of your premiums back every three years that you are covered.
20% Family Discount If you and your partner both take out policies, you can enjoy a 20% family discount.
30 day cooling off period You have 30 days to change your mind after you take out cover.
Premium free after 85 You will not pay any premiums after you are age 85. Your cover will continue at no cost to you.

Stepped and Level premiums explained

Stepped premiums start lower but will increase each year with your age. This is good for saving money in the short term.

Level premiums start higher but stays fixed unless you change your cover amount. This is good for long term savings and allows you to more easily plan your budget.

Stepped and Level premiums explained graph
Please note this graph is indicative only, refer to our Product Disclosure Statement for more details.
 

suncorp $50 gift card eftpos

Apply online by 10th Dec 2014 

and recieve a $50 eftpos gift card.

Gift card terms and conditions apply. Policy must be in-force for 30 days and premium paid.

Still have questions?

See our commonly asked questions
Find out more about how much funerals cost and what’s involved

 

For more information

Download combined Product Disclosure Statement and Policy Document
Download Product Disclosure Statement (for policies purchased between 2011 and 19 October 2014)
Download SFS FSG
Download Direct Debit Request Form
Download Nominated Beneficiary Form
View General Advice Statement
View Privacy Statement

 

This information is a summary only. Please refer to the Product Disclosure Statement (PDS) and Policy for further details about the terms and conditions that apply to the product. Refer also to the Financial Services Guide for details about what financial services may be provided in relation to the product.

Importa​nt information

The information in this communication is current at 20 October 2014 and may be subject to change from time to time without notice. Funeral insurance is not a savings product and premiums increase with age. It is also possible that the total premium you pay under your policy may be greater than the benefit amount. Suncorp Funeral Insurance is issued by Suncorp Life & Superannuation Limited ABN 87 073 979 530, AFSL 229 880 (SLSL) under the Suncorp brand and is distributed by Suncorp Financial Services Pty Ltd ABN 50 010 844 621 (“SFS”), AFSL 229885. You should consider the Product Disclosure Statement (PDS) for the Suncorp Funeral Insurance product before making any decisions about whether to acquire this product. The PDS is available here. Information provided in this communication in relation to the Suncorp Funeral Insurance is general advice only. It has been prepared without taking into account your personal financial objectives, situation or needs. You should consider obtaining independent financial advice before making a decision about acquiring this product. SLSL is a subsidiary of Suncorp Group Limited ABN 66 145 290 124 (Suncorp Group). The obligations of SLSL are not guaranteed by any other company in the Suncorp Group. From time to time we may provide you with information about our products and services. If you do not wish to receive any further information from us you can let us know by contacting us on 1800 178 587.


Call 1800 178 587
Mon – Fri 8am – 8pm AEST
Apply now

 

Get a quote

Call 1800 178 587
Mon – Fri 8am – 8pm EST