5% multi-life discount

The multi-life discount doesn’t apply to the optional Accidental Death Cover.

Funeral Insurance

Funeral Insurance can help you and your family to financially prepare for the future. By paying monthly, fortnightly or annually premiums, you’ll make sure your family receives a lump sum when you pass away. This can be used to help cover funeral costs or to support with settling your affairs.

  • Cover starts from just $2.95 a week
  • 5% multi-life discount when you add another adult to the same policy
$100 eGift card with cover^

Protect what really matters with a Suncorp Funeral Insurance policy and get a $100 eGift card after 4 months of cover.

T&Cs apply.

What is funeral insurance and how does it work?

Suncorp Funeral Insurance provides a lump sum payment of up to $15,000 to your family when you pass away. This can be used to cover funeral costs like chapel fees, burial expenses, cars or flowers, or to settle your affairs - like any unpaid bills or outstanding debts.

To secure a suitable fixed cover amount and ensure your family gets the financial support they need, you can choose to pay monthly, fortnightly or annually premiums.

Do I need funeral insurance?

Wherever you’re at in life, funeral cover is a good way to plan ahead and enjoy peace of mind that your family won’t be left with financial burden after you’re gone. With a funeral insurance policy, you’ll know you’re making the right decision by your children and loved ones.

How much does funeral insurance cost?

With Suncorp cover starts from just $2.95 a week. Premiums are available fortnightly, monthly or yearly. If you choose to pay your premiums annually, you’ll only pay 11 months instead of 12 months.

The premium amount you pay will depend on a few things, like your cover level, payout amount, age, health and lifestyle. Cover level is offered between $3,000 - $15,000 upon application, which can be increased to up to $25,000 once your policy is in place. Payout is a lump sum and is generally tax free.

Suncorp Funeral Insurance at a glance

What’s included?

Accidental Death

Accidental Death Cover is payable if you die as a result of an accident, or within 6 months of the injury leading to your death on proof satisfactory to us. Accidental Death Cover is payable in addition to your Funeral Benefit.

  • Cover for Accidental Death
    After the first 12 months of cover, any cause of death is covered.
  • Tailor your funeral insurance cover
    Suncorp Funeral Insurance offers between $3,000 – $15,000 upon application, which can be increased to up to $25,000 once your policy is in place. Payout is a lump sum and is generally tax free. It can help your loved ones cover funeral costs, debts and other expenses.
  • Fast payout within 24 hours
    Enjoy funeral cover with no waiting period. Payment is usually made within 24 hours of an approved claim, so your family will have one less thing to worry about.
  • Add a family member to your funeral policy
    Receive a 5% multi-life discount when you add another adult to the same funeral insurance policy. The multi-life discount doesn’t apply to the optional Accidental Death Cover.
  • 10% Bonus Cover after 5 years
    Bonus cover is provided at no extra cost, as thanks for your loyalty.
  • Early payout option
    Enjoy the option of receiving the 120% of your benefit after your 85th birthday. Please be aware that there are income tax implications you should consider before exercising this option.
  • Value Promise
    The amount your family receives as payout will depend on the option you select when you take up a policy. Here’s a quick guide:
    1) You choose 100% option = payout will be your cover amount or 100% of premiums paid (whichever is greater)
    2) You choose 70% option = payout will be your cover amount or 70% of premiums paid (whichever is greater)
  • Annual premium discount
    If you choose to pay your premium annually, you’ll only pay 11 months instead of 12.

What’s not included?

  • No payout if you die during the first 12 months
    No funeral benefit is payable if you die during the first 12 months from any cause other than Accidental Death. If this occurs, we will pay a benefit amount equal to the Funeral Insurance premiums you’ve paid so far.       
  • Limited payouts on Accidental Death
  • No funeral benefit or optional Accidental Death Cover is payable for Accidental Death if your death is directly or indirectly a result of:
  • an accident that happened before the policy start date,
  • a sickness, or
  • an intentional self-inflicted act.

For more information on the exclusions, read the PDS

Accident

Accident/accidental: means an event where injury is caused solely and directly by violent, external and visible means.

Optional add-on

Accidental Death Cover

Designed to help you and your family with the unexpected costs of an accidental death, this will provide a payout if you die from an accident, or within 6 months of an injury leading to your death. You can choose a cover amount between $1,000 and $50,000 – which will be paid to your loved ones on top of your funeral cover benefit.

Want to know more?

For full details of what is and isn’t covered, please refer to the PDS.

Who can apply?

Who is eligible for funeral cover in Australia? Suncorp Funeral Insurance is available to any customers who permanently reside in Australia and are:

  • aged 45 to 80
  • an Australia citizen or
  • an Australia permanent resident
  • a New Zealand citizen

Why so many Australians choose Suncorp Funeral Insurance

Trusted by thousands of Australians who turn to Suncorp for their personal insurance needs.

Suncorp Funeral Insurance rewards you with a 5% multi-life discount when you add a family member to your policy, and a bonus 10% of your average funeral cover after 5 years at no extra cost. The multi-life discount doesn’t apply to the optional Accidental Death Cover.

Frequently Asked Questions

Suncorp Life’s Commitment to the Life Insurance Code of Practice

Suncorp Life Insurance policies are issued by TAL, who played a key role in creating the Life Insurance Code of Practice. Suncorp Life is committed to delivering the best possible customer service standards. Suncorp Life will continue to look for ways to raise the standards of customer service now and over the years to come. Read more.

At TAL, we are committed to supporting our customers who may be experiencing vulnerability or have unique needs. Contact us or see how we can help if you are experiencing financial hardship or domestic and family violence.

Suncorp Funeral Insurance is here to help

Call the Suncorp Life Team

For help with a quote, contact the team for a chat.

View our operating hours

Call 13 11 55

Apply online

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^Offer available to customers who complete an application for a new Suncorp Life Insurance, Income Protection or Funeral Insurance policy between 3rd of December 2024 and 3rd of March 2025 (inclusive) and who are issued with a policy commencement date prior to 00:01AM (AEDT) 3rd of April 2025. Eligible Customers must hold the policy for 4 consecutive months and pay 4 months’ premiums in full. One eGift card per Policy Owner per eligible policy type. Eligibility criteria apply. View full terms and conditions.

Accident

Accident/accidental: means an event where injury is caused solely and directly by violent, external and visible means.

Accidental Death

Accidental Death Cover is payable if you die as a result of an accident, or within 6 months of the injury leading to your death on proof satisfactory to us. Accidental Death Cover is payable in addition to your Funeral Benefit.

Operating Hours

Quotes and sales: Mon-Fri 8am-7pm, Sat 9am-4pm (AEST)

Customer service: Mon-Fri 8am-6pm (AEST)

Claims: Mon-Fri 8am-5:30pm (AEST)

5% multi-life discount

The multi-life discount doesn’t apply to the optional Accidental Death Cover.