Q: How much cover can I get?

&lt;p&gt;If you’re aged between 40 and 79 years, Guardian Funeral Insurance allows you to choose a cover amount between $3,000 and $15,000.&lt;/p&gt;&lt;p&gt;Cover for Guardian Funeral Insurance is for Accidental Serious Injury and Accidental Death only in the first 12 months. After this time, death by any cause will be covered.&lt;/p&gt;

Question 1

Do I really need funeral insurance?

Accepted Answer

&lt;p&gt;Funeral costs can be prohibitive for some families, especially those who want to make the occasion memorable and unique. Funeral insurance can be an effective way to help protect your family from financial challenges or disruptions to their personal savings when you pass away.&amp;nbsp;&lt;/p&gt;

Question 2

What&#x2019;s the difference between &#x27;pre-paid funeral plans&#x27; and &#x27;funeral insurance&#x27;?

Accepted Answer

&lt;p&gt;A pre-paid funeral will cover the costs that you have contributed. This means you pay the amount required for your funeral in advance, either in instalments or a lump-sum.&lt;/p&gt;&lt;p&gt;With funeral insurance, you pay an ongoing premium to be covered for funeral costs. When you pass away and a claim is made, your family will receive the benefit amount to use for your funeral and any other final costs they choose to cover.&amp;nbsp;&lt;/p&gt;

Question 3

How much cover can I get?

Accepted Answer

&lt;p&gt;If you&#x2019;re aged between 40 and 79 years, Guardian Funeral Insurance allows you to choose a cover amount between $3,000 and $15,000.&lt;/p&gt;&lt;p&gt;Cover for Guardian Funeral Insurance is for Accidental Serious Injury and Accidental Death only in the first 12 months. After this time, death by any cause will be covered.&lt;/p&gt;

Question 4

Isn&#x2019;t cover like this expensive?

Accepted Answer

&lt;p&gt;We do our best to help keep your premiums manageable, with the cost of your cover being a level premium, meaning the cost won&#x2019;t increase every year with your age.&amp;nbsp; If you decide to keep your policy past age 85, you won&#x2019;t need to pay any further premiums, which may also help you manage the cost of your funeral insurance.&lt;/p&gt;

Question 5

Am I eligible for funeral insurance?

Accepted Answer

&lt;p&gt;Australian residents aged between 40 and 79 are guaranteed acceptance with Guardian Funeral Insurance.&lt;/p&gt;

Question 6

Will I need a medical or blood test to apply?

Accepted Answer

&lt;p&gt;No, there are no lengthy medical exams or blood tests required to apply for Guardian Funeral Insurance.&lt;/p&gt;

Question 7

Are there any exclusions?

Accepted Answer

&lt;p&gt;Cover for Guardian Funeral Insurance is for Accidental Serious Injury and Accidental Death only in the first 12 months. After this time, death by any cause will be covered as well as diagnosis of a terminal illness (where life expectancy is 12 months or less).&lt;/p&gt;

Question 8

What is meant by Accidental Death?

Accepted Answer

&lt;p&gt;An &#39;Accident&#39; is an event that results in bodily injury, where the injury is directly and solely caused by accidental, violent, external and visible means without any other contributing causes, and where the injury is not self-inflicted.&lt;/p&gt;&lt;p&gt;&#39;Accidental Death&#39; means death occurring as a direct result of an Accident and where death occurs within 90 days of the Accident.&lt;/p&gt;

Question 9

Am I covered worldwide?

Accepted Answer

&lt;p&gt;Yes. Guardian Funeral Insurance covers you anywhere in the world, 24/7. However, if you are on a temporary Australian work visa and stop residing in Australia, your policy will be cancelled.&lt;/p&gt;

Question 10

Can I cover my partner too?

Accepted Answer

&lt;p&gt;Yes, with Guardian Funeral Insurance you can choose to cover your own life (on a single plan) or cover yourself and your partner (on a joint plan).&lt;/p&gt;

Question 11

Will my premiums increase?

Accepted Answer

&lt;p&gt;Premiums for new Guardian Funeral Insurance policies currently available are designed to stay consistent year on year. Your premiums will only change if you apply to change your cover, or we change the premium rates for your policy. To learn more about how premiums are structured, read the &lt;a href=&quot;/documents/guardian-funeral-insurance-pds.pdf&quot; target=&quot;_blank&quot; rel=&quot;noopener&quot;&gt;Product Disclosure Statement&lt;/a&gt;.&lt;/p&gt;&lt;p&gt;If you have an active Guardian Funeral Insurance policy, the premium structure that applies to your policy will depend on the type of cover you have purchased. Please refer to your Product Disclosure Statement or contact us to find out more.&lt;/p&gt;

Question 12

What are the tax benefits of funeral insurance?

Accepted Answer

&lt;p&gt;Funeral insurance premiums are generally not tax deductible in Australia, and any payouts you receive from your policy may not be taxed by the government. Always seek advice regarding your tax from a professional adviser.&lt;/p&gt;

Question 13

How long can I keep my cover?

Accepted Answer

&lt;p&gt;Your Guardian Funeral Insurance policy will cover you until you reach 100 years of age provided premiums are paid (unless a claim is made or the cash out option is taken). When your policy ends at age 100, you will receive 125% of your benefit amount paid in full.&lt;/p&gt;

Question 14

What is the Early Cash Back Option?

Accepted Answer

&lt;p&gt;Once you turn 85 you can choose to end your cover and cash out 75% of your benefit amount. This can be done at any time after your 85&lt;sup&gt;th&lt;/sup&gt; birthday by contacting our Customer Service team on &lt;strong&gt;1300 709 560&lt;/strong&gt;.&lt;/p&gt;&lt;p&gt;If you choose the Early Cash Out Option, you will no longer be eligible to claim and you may receive less than the total premiums you&#x2019;ve paid into your policy to date.&lt;/p&gt;

Question 15

Will I get anything back if I cancel my policy?

Accepted Answer

&lt;p&gt;If you cancel your policy within 30 days of purchase, you are entitled to a full refund, as long as you haven&#x2019;t made any claims during this time.&lt;/p&gt;&lt;p&gt;If you cancel your policy outside of the cooling-off period, you will not be entitled to a refund on premiums.&lt;/p&gt;

Question 16

Can I decide who receives my benefit?

Accepted Answer

&lt;p&gt;Of course. You may nominate up to 5 different beneficiaries who will each receive a portion of your benefit amount. To nominate your beneficiaries, complete the &lt;a data-asset-id=&quot;af3fbed6-cabd-4139-abca-4df3068bfdcb&quot; href=&quot;/documents/guardian-nomination-of-beneficiaries-form.pdf&quot; target=&quot;_blank&quot; rel=&quot;external nofollow noreferrer noopener&quot;&gt;Nomination of Beneficiary Form&lt;/a&gt; and send it to us at:&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Guardian Insurance&lt;br&gt;Customer Support&lt;/strong&gt;&lt;br&gt;&lt;strong&gt;Reply Paid 6728&lt;/strong&gt;&lt;br&gt;&lt;strong&gt;Baulkham Hills NSW 2153&lt;br&gt;&lt;/strong&gt;(no stamp required)&lt;/p&gt;&lt;p&gt;Or email to: &lt;a data-email-address=&quot;enquiries@guardianinsurance.com.au&quot; href=&quot;mailto:enquiries@guardianinsurance.com.au&quot;&gt;enquiries@guardianinsurance.com.au&lt;/a&gt;&lt;br&gt;You can also complete the form electronically via the &lt;a href=&quot;https://www.docusign.com/en-au/free-account&quot; target=&quot;_blank&quot; rel=&quot;external nofollow noreferrer noopener&quot;&gt;DocuSign website&lt;/a&gt;.&lt;/p&gt;&lt;p&gt;If you do not nominate any beneficiaries, your benefit amount will be paid to your estate, your legal representative or any other person we are legally permitted to pay.&lt;/p&gt;

Question 17

How do I make a claim?

Accepted Answer

&lt;p&gt;To make a claim, simply reach out to one of our experienced Claims Agents at &lt;a href=&quot;mailto:claims@guardianinsurance.com.au&quot;&gt;claims@guardianinsurance.com.au&lt;/a&gt;, or by calling &lt;strong&gt;1300 308 578&lt;/strong&gt;. You can also find more information on our &lt;a href=&quot;/funeral-insurance/make-a-claim&quot;&gt;claims page&lt;/a&gt;.&lt;/p&gt;