Funeral Insurance

Choice of cover amount

You choose how much cover you need. We offer between $5000-$30,000 if you choose a stepped premium or between $5,000-$15,000 if you choose a level premium. Payout is a lump sum and is generally tax free³. There are no restrictions on how this money can be spent. It can help your loved ones to cover funeral costs, debts and other expenses.

Find out more about Stepped and Level premiums.

Fast payout and easy claims process

Payment usually occurs within 2 business days of an approved claim. Only ever deal with one dedicated claims manager. How to make a claim

Watch the video to see how Michael, one of our Suncorp Claims consultants, helps customers every day.

30 day cooling off period

You have 30 days to change your mind after you take out cover.

Receive your payout early if you're diagnosed with a terminal illness

If after 12 months of your policy commencing a registered doctor diagnoses you with a terminal illness with less than 12 months to live, we will advance your full payout. This can help you to arrange your financial affairs or make some lasting memories with your loved ones.

Single and joint policies available

Purchase a joint policy with an immediate family member and enjoy a 20% discount plus the convenience of having just one policy.

Your choice of stepped or level premiums

Like most types of life insurance, the cost of funeral insurance typically increases each year, as you get older. If you find this too unpredictable and are looking for a way to manage your premiums, we give you the option to choose between stepped premiums, which will increase with your age or level premiums which start out higher but  do not increase every year as you get older.

Of course, your premium will increase if you choose to increase your funeral insurance cover down the track, or accept automatic indexation each year.

Find out more about Stepped and Level premiums

No premiums after your 85th birthday

We won’t charge you any premiums from the policy anniversary after your 85th birthday.

20% Family Discount

If an immediate family member also takes out a funeral insurance policy, they will save 20% on their insurance premium. For example, if you and your partner purchase a joint policy, you’ll both receive 20% off your premium straight away.

Amount of premiums paid will never exceed your payout at claim time

Payout to your beneficiaries will always be the greater of:

1) the sum of your premiums paid, and

2) the cover amount you chose (your sum insured).

Find out more about our value promise

10% Cash Back Benefit

Receive a 10% cash back amount every 3 years you continue to hold your policy.

10% Large Sum Insured Discount

If you’ve chosen a stepped premium policy and have a sum insured of at least $20,000, you will also get a discount of 10%.