Funeral insurance for couples

Are you and your partner looking for funeral insurance? Discover the convenience of a joint policy.

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A couples funeral insurance can provide both you and your partner the peace of mind of knowing that you're each able to take care of funeral expenses in case one of you passes away.

Why should we get a joint policy?

Some of the reasons couples get funeral insurance together include:

  • Convenience of the same policy. This allows you and your partner to both carry a policy with the same terms, benefits and claims procedures.
  • Joint policy discounts. Some funeral insurance policies offers discounts (Some up to 20%) for joint policies.
  • The same funeral insurance benefits. You're both able to access the same funeral insurance benefits as a single policy.

Apart from the convenience of you and your partner having just one policy and one point of contact, the main advantage is the discount many insurers offer for taking out a joint funeral plan. This can be as much as 20% off the cost of the premium, which can make it an attractive alternative to taking out two separate policies.

Compare joint funeral insurance quotes from these

Updated January 29th, 2020
Name Product Maximum Cover Maximum Entry Age Minimum Sum Insured Premium wont increase with your age Expiry Age
Real Guaranteed Funeral Insurance Flexi Plus
No expiry age as long as premiums are paid
Receive up to $15,000 in funeral cover. Premiums reduce by 5% every 5 years you hold your Policy.
Australian Seniors Funeral Insurance Top Cover
No expiry age as long as premiums are paid
Get up to $15,000 in funeral cover with Australian Seniors Funeral Insurance.
Guardian Platinum Funeral Insurance
No expiry age as long as premiums are paid
Get up to $15,000 in funeral cover with Guardian Funeral Insurance.
Insuranceline Funeral Insurance
No expiry age as long as premiums are paid
Take out an InsuranceLine Funeral Insurance policy and you could receive a bonus $100 gift card. T&Cs apply. Ends 31 March 2020.
Apia Funeral Insurance
No expiry age as long as premiums are paid
Get up to $15,000 in funeral cover with Apia Funeral Insurance.
Medibank Funeral Insurance
No expiry age as long as premiums are paid
10% discount for Medibank health members.

Compare up to 4 providers

Who offers joint funeral insurance plans?

BrandJoint policy discount?
Real Funeral Expenses CoverNot stated
Apia Funeral Insurance20% off
Australian SeniorsNot stated
Metlife Funeral Insurance20% off
InsuranceLine Funeral15% off
NIB Funeral Insurance10% off
Suncorp Funeral Insurance20% off
Aussie Funeral InsuranceNot stated
GIO Funeral Insurance20% off

What benefits are offered by a joint funeral insurance plan?

The benefits offered in a joint funeral plan are much the same as those in a single plan with the convenience of one policy. Typical features include:

  • Choice of cover level. A range of cover options, typically from $4,000 to $30,000.
  • Capped premiums. Your premiums become free once you have paid an amount equivalent to the sum insured.
  • Accident benefit. The benefit amount is payable if you die from an accident in the first 12 months.
  • Early payment benefit. Payment of the benefit amount if you are diagnosed with a terminal illness (usually this is only available after the first 12 months).
  • Premium pause benefit. The option to pause premium payments for up to 3 months (during which only accidental death will be paid).
  • Automatic indexation benefit. Your sum insured and premium amount increase each year to keep pace with inflation.

Joint policy conditions you need to be aware of

The main conditions of a joint funeral plan are as follows:

  • Both policyholders must nominate the same premium options. They are free to choose different benefit amounts (sums insured), but the premium options must be the same for both.
  • Some policies require that both joint policy owners must be immediate family members (typically married or de facto partners).

Who does the payment go to?

Joint policy owners need to nominate a beneficiary who will receive the benefit payable if:

  • One of the policy owners pass away
  • Both of the policy owners pass away

This ensures that there is no delay in the payment of the benefit.

What if no beneficiary is nominated?

If no beneficiary is nominated, the benefit will usually go to the surviving policy owner. If both policy owners die, it will be paid to their estate, which can mean delays before the money is available to cover funeral expenses.

Can I buy funeral insurance on behalf of my spouse/partner?

If your partner is not able to take out funeral insurance for any reason, it is possible for you to apply for a policy on their behalf. You can even make their premium payments for them. The thing to remember is that, regardless of who applies for cover and who pays the premiums, the person named in the policy is the policy owner and the funeral plan applies solely to them and their funeral cover.

When won't my partner receive a payout?

Your partner won't receive a payout if:

  • You pass away in the first 12 months of you policy due to illness
  • You pass way in the first 12 months due to self-inflicted harm
  • You fall terminally ill within the first 12 months

You read more about when and when you won't be paid here.

How can we make sure we get the right funeral insurance?

So how do you find the right funeral plan for you and your partner? The following steps will help you narrow down the field;

  • Work out roughly how much your funerals will cost and therefore how much cover you will need.
  • Look for a policy that provides all the benefits listed previously in this guide (such as capped premiums to avoid paying more than your funeral is worth).
  • Know what the funeral insurance traps and pitfalls are by reading as much as you can on the subject online.
  • Read product reviews detailing things such as premium costs and exclusions and compare quotes from a number of different insurers (both of which you can do on a comparison site such as

Compare couples funeral insurance quotes

Picture: Shutterstock

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