Funeral Plan Insurance
Funeral costs can place a significant financial burden on families at a time when they are likely to be struggling to cope with their loss. The Funeral Plan Insurance helps you to protect your family from that financial burden – making a difficult time a little bit easier. Partners Life handles claims quickly and efficiently to ensure the money is available for the family when they need it, so they can focus on making the most fitting final arrangements. It’s simple and easy to apply.
The Partners Funeral Plan allows you to nominate your own level of cover, from $5,000 up to $20,000.
Acceptance is automatic, with no health assessment required, if you are aged between 55 and 85 years old. Once your policy is in place your cover and your premiums are guaranteed for life.
As soon as your Partners Funeral Plan is in place you are covered for death resulting from an accident. For any other causes, during the first two years of the policy you will receive a full refund of any premiums paid. After that, you are fully covered for your selected cover amount whatever the cause of death.
Partners Life recognises that the costs of funeral expenses do rise over time, and you may want to increase your Partners Funeral Plan cover to keep pace. The Increasing Funeral Costs benefit allows your Partners Funeral Plan cover to be increased by up to 15% without any health assessment every five years after your policy commences (some limits and exclusions apply).
This overview is a marketing document that highlights a number of the key features of Specific Condition Cover. The full terms and conditions that apply to those features and to the overall Partners Protection Plan are detailed in the Specific Condition Cover Protection Benefit Sheet and Partners Protection Plan Policy Document available from your adviser