Have you ever stopped to think about who would pay for your funeral if you were to pass away?
Naturally this is something you wouldn’t want to burden your loved ones with. Funeral Expenses Cover provides cash to your family to help cover the cost of your funeral and other unexpected expenses – that would mean one less thing for them to worry about at an emotional and difficult time.
Funeral Expenses Cover is designed to provide peace of mind to you by paying your selected benefit amount to your family if you were to pass away.
The cash is paid without unnecessary delay so your family will have the financial support when they need it, and it can be used to pay for your funeral, or any other expenses such as outstanding bills that may crop up.
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Guaranteed acceptance for Australian residents aged 18 to 79
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No medical or blood tests
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No health questions to answer
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Apply over the phone – no forms to fill out
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Triple benefit paid in the event of accidental death – up to $45,000 (from day 1)
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Your chosen benefit is paid in the event of your death by any cause (after the first 12 months) – from $3,000 up to $15,000
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Starts from just $1.72 a week for $5,000 cover*
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Single or family cover options
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Choose to cover all your dependent children until they reach age 21
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Monthly or fortnightly payment options
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Premiums stop at age 90 and cover can continue for life
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30-day cooling off period
From $3,000 up to $15,000 life insurance benefit
You can select a cover option that suits your needs and budget, from a $3,000 life insurance benefit through to a $15,000 life insurance benefit.
Three times the life insurance benefit paid in the event of Accidental Death – up to $45,000
If death is the result of an Accident, then three times your selected life insurance benefit will be paid – taking the maximum payout up to $45,000. For example, if you select a $10,000 life insurance benefit, and you die as the result of an Accident, the benefit payable to your loved ones would be $30,000.
Single or family cover options
You can apply for a single plan, or a family plan which includes your spouse, partner, and/or defacto, plus your financially dependent children until they reach age 21. There is no limit on the number of financially dependent children you can include on your family plan.
Accidental Serious Injury Option
Australians up to age 69 can also add Accidental Serious Injury Insurance to their Funeral Expenses Insurance. It pays a benefit equal to triple your life insurance benefit, and covers defined injuries such as Quadriplegia, Paraplegia, Blindness, Deafness and Total and Permanent Loss of Use of Two Limbs.
Read the PDS.
No-one would want to leave their family in a financial mess would they? That’s why Funeral Expenses Cover provides insurance that has been designed to help you protect your family from the financial burden of your funeral and other unexpected costs, if you were to unexpectedly pass away.
No-one knows what lies around the corner, whether it's an accident or illness - and securing cover early ensures the protection is there if it's needed.
You can select a cover option that suits your needs and budget, from a $3,000 benefit payout through to a $15,000 benefit payout.
If death is the result of an accident, then the life insurance benefit is tripled – meaning that three times the life insurance benefit will be paid out. For example, if you have a $10,000 life insurance benefit, and you die as the result of an accident, the benefit payable to your loved ones would be $30,000.
To help ensure that your level of insurance cover keeps up with increases in the cost of living your cover level is automatically increased on each policy anniversary by 5%. We will write to you each year to tell you about this, and you can decline this increase if you wish.
The automatic increases stop at the policy anniversary after you reach age 85.
You can add Accidental Serious Injury Insurance to your Funeral Expenses Insurance, which provides a benefit in the event of Quadriplegia, Paraplegia, Hemiplegia, Blindness, Deafness or Total and Permanent Loss of Use of two limbs.
If you are an Australian resident aged between 18 and 79 we guarantee to accept you for this insurance.
No, and there are no intrusive questions about your health and lifestyle.
After the first year of cover there are no exclusions on the cover provided. During the first year of the Funeral Expenses Cover, a benefit will only be paid if death is due to an accident, thereafter the benefit is payable on death from any cause, including sickness and accident.
Accident means an event resulting in bodily injury where the injury is directly and solely caused by violent, external and visible means without any other contributing causes and where the injury is not self inflicted. Accidental Death means death occurring as a direct result of an Accident and where death occurs within 90 days of the Accident.
Provided you are an Australian Citizen or permanent resident living in Australia and have no plans to relocate outside of Australia at the time of application, once your application is accepted you’re covered anywhere in the world 24/7.
Yes. Funeral Expenses Cover has been designed to be family friendly. You can choose to cover your life (Single Plan), or cover yourself, your partner and all children who are dependent on you until they reach age 21 (Family Plan). There is no limit to the number of dependent children that can be covered under the Family Plan.
Just get a quote to see how affordable it can be for you. Cover starts at $1.72 per week (premium for Single Plan providing $5,000 benefit [or $15,000 Accidental Death benefit] up to age 44). That’s less than the cost of a daily newspaper.
The premium is calculated each year on the policy anniversary and is based on your age at that time, the benefit level you select, and whether you select a Family or Single Plan. For the Family Plan the premium is based on the age of the oldest member of the family. From age 90, premiums are waived and no further payments are required.
You can never be singled out for an increase – any variation will apply to all Funeral Expenses Cover Policyowners.
In most cases your premium will not be tax deductible and tax will not be payable on any benefit paid under your policy.
This information is based on continuance of present tax laws and the insurer’s interpretation of those laws. Your individual situation may differ and you may need to seek qualified professional advice in relation to your particular circumstances.
As long as you pay your premiums, the cover is guaranteed renewable for the rest of your life and you’ll be covered anywhere in the world, 24/7 – even if your health and circumstances change.
If you cancel your Funeral Expenses Cover Policy within the first 30 days of commencement – for any reason whatsoever – you’ll receive a full refund of premiums that have been paid. If you cancel your Policy after 30 days, you will not get anything back as this Policy is not a savings plan. However, if you have chosen a yearly payment option, we will refund you a pro rata of the unused portion.
We make all benefit payments to the Policyowner. If the Primary Life Insured dies while owning the Policy, the Insurance benefit will be paid to the Policyowner’s legal personal representative, or other person that we are permitted to pay under the Life Insurance Act 1995.
You can nominate up to 5 people as a beneficiaries to receive the benefit when you pass away by simply downloading a
beneficiary form, complete and mail it to Real Insurance, GPO Box 1679, Crows Nest, NSW 1585.
Another question? Email us at
info@reallifecover.com.au