Compare Funeral Insurance with Choosi
What is Funeral Insurance?
Funeral insurance is a great way to pay for your own funeral and end-of-life costs, including outstanding bills or loans, and it alleviates the financial burden from your grieving family and gives you more control.
How Does Funeral Insurance Work?
With Funeral insurance you can determine your level of cover and choose the beneficiaries to receive the benefits of your funeral cover when you die. As long as you keep your premium payments up to date you will be cover; typically these payments will be monthly or fortnightly for policies sold through Choosi.
You can select a funeral cover benefit of up to $15,000, which could triple to $45,000 in the case of accidental death. This can be used to help cover the costs of your funeral - the average of which costs $4,000-$7,000 in Australia (according to Choice in 2009) - and any other financial obligations that remain at the end of your life.
With some policies available you can add, as an optional extra, Accidental Serious Injury Insurance for increased protection, in case of a serious injury accompanied by large medical bills.
Why Should I Take out Funeral Cover?
Funeral cover is a great way to tidy up your finances at the end of your life. It's also a caring and thoughtful consideration towards your family at an already emotionally challenging time, by ensuring they are not burdened by unexpected funeral costs.
There are no medical or blood tests, and there is funeral cover available which offers guaranteed acceptance to applicants under the age of 79 who are Australian residents.
Compare funeral insurance today with Choosi for peace of mind.
