Taking out Woolworths Funeral Insurance is a simple and thoughtful way to help your loved ones when they will need it the most. The policy can provide a lump sum benefit from $3,000 up to $15,000. The benefit will usually be released within 2 business days of receipt of all documentation so your family will have less to worry about. That’s why more people are choosing Woolworths Funeral Insurance.
Easy to apply
- Any Australian resident aged between 18 and 79 can take out a policy over the phone. No medicals when you apply - You can choose the level of cover that suits you, from $3,000 right up to $15,000.
Premium back guarantee
- The amount your family receives will be the Benefit Amount OR the total premiums paid – whichever is greater.
Your premiums will reduce by 5% every 5 years you hold your policy.
- Freedom to change your mind
There’s a 30 day “cooling off period”, which means you have 30 days to look over your policy to make sure it suits your needs.
Some things you should know
Cover is for Accidental Death only in the first 12 months, then death by any cause thereafter.
If your policy is cancelled and cover ends, no Benefit Amount is payable, and there are no premium refunds after the cooling off period. If you change your cover the premium back guarantee may be affected.
This is general advice only and does not take into account your objectives, financial situation or needs. Before acting on advice, consider whether it is appropriate for you. Before you purchase this product you should carefully read the Financial Services Guide and Product Disclosure Statement to decide if it is right for you. Benefits are subject to the terms and conditions including the limits and exclusions of the insurance policy. Woolworths life insurance products are issued by the insurer, Swiss Re Life & Health Australia Limited ABN 74 000 218 306; Australian Financial Services Licence No. (AFSL) 324908, Level 36, Tower Two, International Towers Sydney, 200 Barangaroo Avenue, Sydney NSW 2000, and are subject to the Terms and Conditions as set out in the relevant Product Disclosure Statement available on this website or by calling 1300 10 1234. Woolworths life insurance products are distributed by Greenstone Financial Services Pty Ltd ABN 53 128 692 884; AFSL 343079, 58 Norwest Boulevard, Bella Vista NSW 2153, and are promoted by its Authorised Representative Woolworths Limited ABN 88 000 014 675; Authorised Representative No. 245476.