Australian Seniors
Australian Seniors
Australian Seniors has been providing insurance solutions for the mature Australian market since 1998. They have been recognised as the Reader’s Digest Highly Commended Trusted Brand within the Funeral Insurance category in 2015, 2016, 2018, and 2020 as voted by Australian consumers. Their goal is to deliver insurance products and services that are designed to meet the needs of Australians over the age of 50, whether they’re working, pensioners, or self-funded retirees. Their products are cost-effective, practical and can be tailored to suit different needs and budgets.
Seniors Funeral Insurance
Benefits of choosing Seniors Funeral Insurance include:
- Quick payout to your family — usually paid within 1 business day of receiving completed documents
- Your chosen benefit is paid in the event of your death which is from $3,000 up to $15,000 (cover for accidental death and accidental serious injury only in the first 12 months)
- No forms, medical exam, or blood tests required to apply for cover
- Australian residents aged 40 to 79 are guaranteed acceptance
- Triple benefit paid for accidental death (up to $45,000)
- Automatic cover for accidental serious injury at no extra cost
- Your premiums won’t increase each year
- No premiums payable after age 85
- After age 85, you can cancel your policy and choose the early cash payout option to get 75% of your funeral cover amount OR keep your policy and get a 25% bonus cover at no extra cost when you pass or reach age 100
- Free will kit with your policy, to help get your affairs in order
- 30-day cooling off period
Some things you should know:
Please note cover is only for accidental death and accidental serious injury in the first 12 months of your policy. There’s no refund of premiums after the cooling off period. The total amount of premiums payable over the life of the policy has the potential to exceed the cover amount. If you choose the early cash payout option, you’ll no longer be eligible to claim as this option will cancel your policy. Accidental serious injury cover expires on the policy anniversary after your 75th birthday. The premiums may change if you make changes to your policy or if the underlying premium rates are changed for all policy holders.