Real Funeral Insurance Review

Receive up to $15,000 in funeral cover with Real Guaranteed Funeral Insurance Flexi Plus.


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Real Funeral Insurance

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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:

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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.
Real Guaranteed Funeral Insurance Flexi
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.

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A quick review of Real Funeral Insurance

Maximum sum insured$15,000
Age of entry18 to 79
How do I apply?Online with Real

Based on Guaranteed Funeral Insurance Flexi Plus. Information last checked on September 2020. Always consult the Product Disclosure Statement (PDS).

  • 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 dataHannoverIndustry Average
Claims accepted99.90%98.90%
Average claim time (months)0.600.60

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.

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8 Responses

    Default Gravatar
    stephenDecember 9, 2017

    I have just received my $ 75.00 Eftpos card. Can I use this $ 75.00 on anything?

      Default Gravatar
      LiezlDecember 10, 2017

      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.


    Default Gravatar
    cherylJune 15, 2017

    if i want to change my beneficiary how do i do that do you need it in writing

      Avatarfinder Customer Care
      MayJune 15, 2017Staff

      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.


    Default Gravatar
    MargaretMay 28, 2017

    What happens to the funeral insurance if you move overseas?

      Default Gravatar
      JonathanMay 30, 2017

      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.


    Default Gravatar
    JohnFebruary 17, 2017

    I have similar cover with another company. $15k cover. Premium of $22.77 pfn. Can you beat that premium?

      Avatarfinder Customer Care
      ZubairFebruary 20, 2017Staff

      Hi John,

      Thank you for your question.

      You have contacted and not actually Real Funeral Insurance, 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.


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