Parent Cover provides you with a lump sum benefit of up to $15,000 if your mother or father passes away, to help cover funeral and associated expenses.
Parent Cover fits seamlessly with other ClearView products: it can be taken out with any adult life insured lump sum cover. And, if you have your lump sum cover inside super, you can flexi link Parent Cover outside super. Thanks to LifeSolutions Parent Cover you can enjoy your time today with your family, knowing that we’ll take care of tomorrow.
And best of all, Parent Cover offers guaranteed acceptance for permanent Australian residents aged 40-85. Premiums are competitively priced. For a $15,000 lump sum benefit, the stepped premium for a 65 year old male non-smoker is $54 per month and just $45.60 per month for a 65 year old female non smoker. (Premiums quoted are correct as at September 2014.)
If your parent has an existing funeral insurance policy, it may be worth reviewing the premiums they are currently paying and compare this to the cost of Parent Cover. And we will waive the 12 month accident only period if Parent Cover replaces an existing funeral insurance policy on your parents life that has been in force for at least 12 months.
Consider This…
When a parent passes away the immediate financial implications can be swift and significant. Funeral costs can range from $4,000 for a basic
cremation up to $14,000 for a more elaborate burial and flowers.* Then there are memorial services, travel and hospitality for family.
Unfortunately most of these expenses need to be paid right away, and can’t wait for the sale of a family home or estate settlement.
Would you be able to meet the immediate, sometimes considerable costs of farewelling your mother or father on top of your mortgage and living expenses?
* smartmoney.gov.au/life-events-and-you
Contact Us to find out the cost of a simple funeral insurance plan today. Or call us on 1800 674 435.