Why should I get funeral insurance?
Funeral Insurance offers you the peace of mind that your loved ones won’t be left with a financial burden when you pass due to expenses from funeral costs.
Paying for your funeral may not be one of the first things you think of when considering the impact of your passing on your family. However, funerals can often be expensive. Depending on the type of ceremony you choose, funerals can cost between $4,000 and $15,000 (and more) according to Moneysmart.gov.au.
It can be difficult for families to find the amount of money needed for a funeral at short notice. Funeral insurance eases that burden. It means that your partner, children, or whoever your nominated beneficiary is, has fast access to the money they need, usually within 2 business days of an approved claim.
To learn more, refer to the PDS.