Take care of the ones you love
Funeral Cover/Funeral Insurance is a policy that pays out an agreed amount to the estate in the event you pass away usually to pay for the expenses of a funeral which we often aren’t prepared for. Be aware that most Funeral policies will only pay out in the first 24 month if you pass away due to an accident after 24 months you will be covered if you pass away due to accident/illness/natural causes. Also important to note is that Funeral Covers tend to have an expiry date, standard Life Cover does not with most providers.
Various plans can provide $5,000-$20,000 cover. You can apply if you are in you late 50’s to mid 80’s. The key to funeral cover is the insurers don’t require any health declarations.