Whether you need help logging into your online account or support and information about Apia over 50s insurance, you will find many of your questions answered here. If your question isn’t answered here, please contact us.
Funeral Insurance and Funeral Plans are two different approaches to covering funeral expenses. While Funeral Insurance offers a lump sum payout to your beneficiaries upon your passing, you pay a premium on a regular basis (fortnightly, monthly, or annually) and choose the benefit amount they will receive. On the other hand, Funeral Plans are a pre-payment option that requires you to plan and pay for your funeral ahead of time. This typically involves a non-refundable upfront deposit, followed by regular payment instalments.
Apia Funeral Insurance’s Value Promise means the following will be paid in relation to a valid claim - the Funeral Insurance cover amount, plus any Bonus Cover, or 100% or 70% of the total Funeral Insurance premiums paid, depending on the option selected – whichever is greater.
The Value Promise option you have selected will be shown in your policy schedule and will apply for the life of the policy.
Once you’re over the age of 85, the Early Payment Benefit lets you either keep your cover and continue to pay premiums for it, or cash it in early to receive an immediate payout of 120% of your average funeral cover.
Yes, you can nominate beneficiaries to receive the Funeral Benefit, which is the lump sum paid out at claim time. If you choose not to nominate anyone as your beneficiary, any benefit payable will be paid to the policy owner or to your estate.
Yes, you can include multiple people on your funeral policy. Covering two or more people on the single policy means there’s only a single policy number, less paperwork and a 5% family discount.
Yes. The person who pays the Funeral Insurance benefit doesn’t have to be the person who is insured.
Yes, if you choose to do this, one owner will keep the existing policy and a new policy will be issued for the other policyholder.
The Funeral Benefit will not be paid if the life insured passes away in the first 12 months of the policy for any reason other than an accidental death.
If a life insured dies during the first 12 months of cover from any cause other than accidental death, APIA will pay a benefit amount equal to the Funeral Insurance premiums you’ve paid for that life insured.
Yes. Here are some discounts available on Apia Funeral Insurance:
- 5% multi-life discount when there is more than one life insured on the policy, and
- 5% loyalty discount after 10 years, or from the policy anniversary after your 84th birthday, whichever happens first.
Please note: The family discount doesn’t apply to the optional Accidental Death cover.
Yes, Australian and New Zealand Citizens and permanent residents residing in Australia can apply for this insurance policy.
Yes, if you can meet all the requirements of your policy, you’ll be paid your benefit.
For customers who pay by direct debit or credit card, a statement will be sent to you prior to your policy anniversary. If you’re happy with everything, then you won’t need to do anything further.
If you receive your anniversary statement and find any problems, or want to update any details, simply contact the Apia Funeral Insurance team.
For questions regarding payments or renewals, please call 13 50 50 (within Australia) or +61 2 4331 2024 (from overseas). Help can also be provided.