We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
The last thing anyone wants is for their loved ones to face financial stress when they are coping with their loss. Many are shocked to learn of the immediate expenses that can arise following a loved one's death. Real Guaranteed Funeral Insurance Flexi Plus can offer support at this time with a lump sum payment of up to $15,000 (or up to $45,000 for Accidental Death).
On top of it's funeral benefit, Real also offers a bunch of additional features. Keep reading to find out what else Real offers or if you're ready to get a quote:
Based on Guaranteed Funeral Insurance Flexi Plus. Information last checked on September 2020. Always consult the Product Disclosure Statement (PDS).
Pros
Cons
The Guaranteed Funeral Insurance Flexi Plus policy pays the higher between the premiums you've paid and your funeral benefit
Premiums aren't capped at a certain age or amount.
Premiums reduce 5% every 5 years your policy is in force
No medical assessment (great if you are in good health)
Information last checked on September 2020. Always consult the Product Disclosure Statement (PDS).
This cover might be suitable if:
You are after an underwriter with claims performance that meets the industry standard
You're looking for quick and easy cover with no medical assessment.
You want the option (Guaranteed Funeral Insurance Flexi Plus) of a payout that is the higher between the amount you've paid and your benefit amount.
Don't get this cover if:
You want to stop paying for premiums once the amount you've paid reaches your funeral insurance benefit amount.
Information last checked on September 2020. Always consult the Product Disclosure Statement (PDS).
Note: The following is based on Hannover Life Re of Australasia Ltd. Hannover Life Re of Australasia Ltd is the actual insurer behind brands like Real Funeral Insurance.
Claims data
Hannover
Industry Average
Claims accepted
99.90%
98.90%
Average claim time (months)
0.60
0.60
We looked at APRA data for claims over 2017-2018. The statistics above reflect 'funeral insurance' claims.
What are the benefits of Real Guaranteed Funeral Insurance Flexi Plus?
Real Insurance has created their Funeral Insurance to be manageable and easy to apply for, so that you can be covered and protect your family from having to deal with outstanding financial obligations. Real Insurance is backed by the third largest reinsurer in the world, so you can rest assured that the company has experience, trust and knowledge behind them when they create their insurance products. The result is Real Guaranteed Funeral Insurance Flexi Plus, which offers:
Key benefits to understand
The Real Payback Guarantee. When your family makes a funeral claim, the benefit they receive will always be the larger amount between your chosen cover amount or the total premiums you've paid. Or once you've turned 85, you can cancel your cover to receive an Early Cash Payout of 150% of your funeral insurance benefit.
Early cash payout. Once you turn 85 you can receive an early cash payout if you cancel your cover. This is for 150% of your funeral benefit.
Premium reduction every 5 years. Your premiums will reduce by 5% for every 5 years you hold your policy.
Additional benefits you can take advantage of
Premium guarantee. Your premiums will never increase, unless you choose to change your cover.
Your choice of cover amount. You can choose a benefit amount from $3,000 up to $15,000.
10% refund available. 10% of premiums paid are refunded once the first 12 months have been paid for.
Triple death benefit payout for accidents. Your benefit triples in the event of Accidental Death which means you will receive a lump sum payment equal to three times your Benefit Amount, up to $45,000.
Simple application with 30 day money back guarantee. If you are an Australian resident aged between 18 and 79 you can apply for Guaranteed Funeral Insurance Flexi Plus from Real with guaranteed acceptance, so you are not required to take any medical test or blood tests. Plus, if you do find for any reason that you’ve changed your mind, after you’ve applied you have a 30 day cooling off period which allows you to cancel your policy and receive a refund on all premiums you’ve already paid.
Single and family cover. While you are taking out funeral insurance for yourself, don’t forget about the rest of your family – Real Insurance hasn’t. You can easily apply for a Single Plan, but you can just as easily add your partner and your dependent children to the policy (your child is covered until they reach the age of 21).
Choose your premium frequency. You can choose to pay your premiums fortnightly or monthly and there is no extra charge added to your policy for your choice.
Accidental Serious Injury Insurance at no extra cost. With Real Guaranteed Funeral Insurance Flexi Plus, you are automatically covered for a range of serious accidental injuries at no additional cost. This will provide you a benefit payout to help you manage expenses and ongoing financial obligations if you suffer one of the serious injuries outlined in the PDS.
While there’s nothing you can do to make your death and your funeral a less emotionally painful time, you can at least put plans in place to ensure your family are not burdened financially by your final farewell. With Real Funeral Insurance, you can help ensure that your loved ones are able to say goodbye the way they want to without having to worry about how much it’s all going to cost.
What won’t Real Funeral Insurance cover?
Under the Real Guaranteed Funeral Insurance Flexi Plus policy
Your claim will not be paid if it is made during the first 12 months of the policy for any cause of death other than accidental death. In addition, no Accidental Serious Injury Insurance Benefit will be paid if you suffer an accidental serious injury as a result of:
An intentional self-inflicted bodily injury
Engaging in illegal activity
Suicide or attempted suicide
The consumption of drugs (unless taken as prescribed by a medical practitioner)
The consumption of alcohol, including driving whilst over the legal blood-alcohol limit
Engaging in any professional sport or motor sports
War
Taking part in a riot or civil commotion
Travelling on an aircraft (except as a passenger on a properly licensed aircraft)
Some conditions to be aware of
Under the Real Guaranteed Funeral Insurance Flexi Plus policy
Cover in the first 12 months. Cover is only for accidental deaths.
Cancellations. If you cancel your policy before the age of 85, there is no benefit payable.
Changing cover. Changing your cover (e.g. increasing the sum insured) will affect your premiums.
Early Cash Payout. If you choose this option you will no longer be eligible to claim. The payout may also be less than the total premiums you have paid for so far.
For a full list of conditions, make sure you review the PDS (Product Disclosure Statement).
Who is eligible for Real Funeral Insurance?
Under the Real Guaranteed Funeral Insurance Flexi Plus policy
You’ll need to be an Australian resident aged between 18 and 79 in order to be eligible for Real Guaranteed Funeral Insurance Flexi Plus. If you satisfy these eligibility criteria, Real Insurance guarantees that it will accept your application for cover.
As Finder's insurance publisher, Alex Holderness aims to make confusing topics easy to understand. She's been published in Hospital Health, written for Australian Healthcare Week and is a contributing author for Google's Startup Grind. She has a keen passion for running and is currently studying for her General Insurance certification.
Apple’s iPhone 12 mini lives up to its name, delivering plenty of power in a truly pocket-sized phone. Predictably, the price you pay is in battery life.
Your bonus eftpos gift card once activated can be used for purchasing goods and services where ever eftpos prepaid cards are accepted for electronic transactions. I’ve sent to your email the card’s activation instruction and terms of use.
Please feel free to message us again if you have any questions.
Just to confirm, you’d like to change your beneficiary in your funeral insurance with Real Insurance? If so, best that you get in touch with real Insurance directly as they would require you to provide you with the requisite forms for changing your beneficiaries. You can click on the green “Get quote” button above to view the phone number of Real Insurance on their main page.
You have contacted finder.com.au and not actually Real Funeral Insurance, finder.com.au is a comparison and information service and don’t represent any insurance brand listed on our website.
Real Insurance is not currently one of the brands in our panel of funeral insurers so you will need to contact them directly. If you would like to compare quotes from funeral insurance brands in our panel, please head to our funeral insurance home page.
How likely would you be to recommend finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
Important information about this website
finder.com.au is one of Australia's leading comparison websites. We compare from a wide set of banks, insurers and product issuers. We value our editorial independence and follow editorial guidelines.
finder.com.au has access to track details from the product issuers listed on our sites. Although we provide information on the products offered by a wide range of issuers, we don't cover every available product or service.
Please note that the information published on our site should not be construed as personal advice and does not consider your personal needs and circumstances. While our site will provide you with factual information and general advice to help you make better decisions, it isn't a substitute for professional advice. You should consider whether the products or services featured on our site are appropriate for your needs. If you're unsure about anything, seek professional advice before you apply for any product or commit to any plan.
Products marked as 'Promoted' or 'Advertisement' are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. Finder may receive remuneration from the Provider if you click on the related link, purchase or enquire about the product. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. We encourage you to use the tools and information we provide to compare your options.
Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment when you click on those buttons or apply for a product. You can learn more about how we make money here.
When products are grouped in a table or list, the order in which they are initially sorted may be influenced by a range of factors including price, fees and discounts; commercial partnerships; product features; and brand popularity. We provide tools so you can sort and filter these lists to highlight features that matter to you.
We try to take an open and transparent approach and provide a broad-based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.
Some product issuers may provide products or offer services through multiple brands, associated companies or different labelling arrangements. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. However, we aim to provide information to enable consumers to understand these issues.
Providing or obtaining an estimated insurance quote through us does not guarantee you can get the insurance. Acceptance by insurance companies is based on things like occupation, health and lifestyle. By providing you with the ability to apply for a credit card or loan, we are not guaranteeing that your application will be approved. Your application for credit products is subject to the Provider's terms and conditions as well as their application and lending criteria.
Please read our website terms of use and privacy policy for more information about our services and our approach to privacy.
I have just received my $ 75.00 Eftpos card. Can I use this $ 75.00 on anything?
Hi Stephen,
Thanks for reaching out to finder.
Your bonus eftpos gift card once activated can be used for purchasing goods and services where ever eftpos prepaid cards are accepted for electronic transactions. I’ve sent to your email the card’s activation instruction and terms of use.
Please feel free to message us again if you have any questions.
Cheers,
Liezl
if i want to change my beneficiary how do i do that do you need it in writing
Hi Cheryl,
Thanks for reaching out.
Just to confirm, you’d like to change your beneficiary in your funeral insurance with Real Insurance? If so, best that you get in touch with real Insurance directly as they would require you to provide you with the requisite forms for changing your beneficiaries. You can click on the green “Get quote” button above to view the phone number of Real Insurance on their main page.
Cheers,
May
What happens to the funeral insurance if you move overseas?
Hi Margaret!
Yes, most funeral policies cover you anywhere in the world. However transportation of remains to Australia may not be covered.
You can use this link to compare various insurers. You can click “Get Quote” green button of your chosen insurer for continue and/or get more info.
Hope this answers.
Regards,
Jonathan
I have similar cover with another company. $15k cover. Premium of $22.77 pfn. Can you beat that premium?
Hi John,
Thank you for your question.
You have contacted finder.com.au and not actually Real Funeral Insurance, finder.com.au is a comparison and information service and don’t represent any insurance brand listed on our website.
Real Insurance is not currently one of the brands in our panel of funeral insurers so you will need to contact them directly. If you would like to compare quotes from funeral insurance brands in our panel, please head to our funeral insurance home page.
Cheers,
Zubair