DOES YOUR COST OF LIVINGINCLUDE FUNERAL EXPENSES?
While the cost of living is often front of mind for many Australians, there’s another group of expenses that sometimes gets overlooked. End-oflife costs, and more specifically the costs of your funeral, can be just as demanding on your family’s budget, especially if they come unexpectedly.
MoneySmart.gov.au, an Australian government website that helps you take control of your money, estimates that a funeral can cost up to $15,0001, which includes funeral director fees, the casket, headstone, catering and other typical inclusions. On top of this, a loved one who passes away could leave behind unpaid debts, as well as legal fees surrounding their estate. All up, it can be an expensive and emotional ordeal for the people closest to you.
But there are ways to assist. By taking out Real Funeral Cover, you can get on with life knowing that your family won’t be affected by these costs when you pass away. Simply apply over the phone to set a benefit amount up to $15,0001, and enjoy peace of mind that loved ones will receive a cash payout if you pass away2.
There are no medicals or blood tests to worry about so getting covered only takes a few minutes. Plus, for added flexibility, you can get a payout of 75 per cent of your benefit amount any time after your 85th birthday, by cancelling your policy. Or, you can keep your policy going after age 85 at no further cost, with an added 25 per cent Bonus Cover thrown in to help stay on top of any additional expenses that your family may need3.
To give your family peace of mind, get Real Funeral Cover today.