REP 454 Funeral insurance: A snapshot
Released 29 October 2015
This report is for providers of funeral insurance products, consumers of these products and other interested parties (e.g. consumer agencies and advocacy groups).
It gives a snapshot of the funeral insurance market in Australia in 2013 and 2014, describing common features of policies and providing data about sales, claims and cancellations to better understand the benefits and risks associated with these products.
It also includes recommendations for improving the features of funeral insurance products to potentially address issues raised in this report.