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.
Your premiums will reduce by 5% every 5 years you hold your policy.
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.
Premium back guarantee
The amount your family receives will be the Benefit Amount OR the total premiums paid – whichever is greater.
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. The Life insurer, Swiss Re Life & Health Australia Limited has adopted the Life Insurance Code of Practice (the Code). It’s the life insurance industry’s commitment to mandatory customer service standards and it’s designed to protect you, the customer. Click here for more information about the Code or visit www.fsc.org.au
If you have any questions you can read our FAQs or give us a call on 1300 10 1234 Monday to Friday 8am-8pm (AEST/AEDT) (except public holidays).