Frequently Asked Questions - Funeral Insurance
What is Funeral Insurance?
Funeral Insurance provides a benefit in the event that a Life Insured under the Policy suffers an Accidental Death (from day 1) or dies from any cause (after 12 months from commencement of policy).
How much Funeral Insurance cover can I apply for?
The minimum Funeral Insurance Benefit Amount is $3,000. The maximum Funeral Insurance Benefit Amount for a Life Insured under the Policy at the Commencement Date is $15,000. You are also provided with Accidental Death Insurance equal to 200% of Funeral Insurance cover.
What is the Accidental Serious Injury Insurance Option?
Accidental Serious Injury Insurance is an option which can be added to Funeral Insurance. Accidental Serious Injury Insurance provides a benefit in the event that a Life Insured under the Policy experiences one of the following injuries as a direct result of an Accident and within 12 months of that Accident - Quadriplegia, Paraplegia, Hemiplegia, Blindness, Deafness or Total and Permanent Loss of Use of Two Limbs.
How much Accidental Serious Injury Insurance cover can I apply for?
You (and/or your Partner Life Insured, if applicable) can apply for an Accidental Serious Injury Insurance Benefit Amount which is equal to three times the Funeral Insurance Benefit Amount.
How can I get cover?
Call 1300 45 5071 and Customer Service can give you more information about the range of products, answer any questions you may have, provide a quote and take your application over the phone - it’s as easy as that and you can be covered without delay. Alternatively, you can download and complete an Application Form to apply.
Who is the insurer?
These Life, Funeral and Accident Policies are issued by Hannover Life Re of Australasia Ltd, ABN 37 062 395 484 of Level 7, 70 Phillip Street, Sydney NSW 2000.
Hannover Life Re of Australasia’s portfolio of life insurance business has been in force for over 40 years and consists of approximately $500 million dollars of annual premium. The company is part of the Hannover Re Group which is one of the world’s leading reinsurers. Its worldwide network consists of more than 100 subsidiaries, branch and representative offices in around 20 countries.
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