About Prime Funeral Expenses Cover
Funerals can be expensive – often costing up to $15,000 or more and many people cannot easily find that kind of money when it is needed, often within days of a tragic event occurring. Prime Funeral and Final Expenses Cover (Prime Cover) is life insurance cover designed to protect your family from the financial burden that could be created by your funeral and other final expenses.
With this valuable protection, you are covered worldwide, 7 days a week, 24 hours a day and your benefit payment can be used however needed – to pay for your funeral, settle other household bills that come in and even provide financial assistance for other family members wishing to visit during this difficult time. Plus with Prime Cover you have the option to add cover for Accidental Serious Injury, for your own financial protection and peace of mind.
With Prime Cover you can help ensure that your family is not left with the burden of having to pay for your funeral expenses, should the worst happen.
What cover is available?
With Prime Cover you can choose a benefit from $6,000 up to $15,000. In the event of your death your chosen benefit is payable to assist your beneficiary - be it your family or your estate - with your final costs.
During the first 12 months of cover, a benefit is only available for death as a result of an Accident. After 12 months of cover your benefit is paid for death by any cause. And because we understand how traumatic an unexpected Accidental Death can be for your family, in the event of your Accidental Death your chosen benefit will triple, up to $45,000.
You also have the option to apply for up to $250,000 cover for Accidental Serious Injury (ASI) which provides financial protection in the event you suffer a serious accidental injury such as a Major Head Trauma, Serious Burns or Paraplegia.Prime Cover is available to all Australian residents aged 18-75 years and can continue for life (as long as premiums remain paid when due). Optional ASI cover can be taken out to age 69 with cover continuing through to age 75. If you keep your Policy through to age 90, cover is free following your Policy Anniversary that year and no further premiums are payable.