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$15,000
Maximum cover
79
Maximum entry age
$3,000
Minimum sum insured
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Product Name | Medibank Funeral Insurance |
---|---|
Maximum cover | $15,000 |
Minimum sum insured | $3,000 |
Premium discount offered | |
Premiums capped at certain age | 90 |
Premium won't increase with your age | |
Terminal illness cover | |
Cooling-off period | 30 days |
Underwriter | Swiss Re Life and Health Australia Limited |
Note: Be sure to check the Product Disclosure Statement (PDS) for terms and conditions.
Still wondering if Medibank is right for you? Here are the main pros and cons summarised:
You can make a Medibank funeral insurance claim in one of the following ways:
If your policy is current, Medibank will pay you the appropriate funeral benefit amount if you die, suffer a serious accidental injury or are diagnosed with a terminal illness.
However, within the first 12 months of buying the policy or reinstating a lapsed one, you will be covered for death or injury-related to accidents only. That means you won't be covered for things like suicide or a newly-diagnosed terminal illnesses. However, after those 12 months months have passed, you will be covered for those situations including the re-confirmation of terminal illness diagnosis.
The accidental serious injury benefit also includes a number of exclusions. You will not be eligible for the accidental serious injury benefit if the injury happens due to the following:
You'll also not be eligible to claim for a funeral or accidental death if you've already received an accidental injury payout for the same accident.