What’s the Advance Funeral Payment with Platinum Life Insurance?

Answer:

After continuously holding your Platinum Life Insurance for 24 months, your policy gets an automatic upgrade - a $10,000 Advance Funeral Payment from your Life Insurance Benefit. This advanced payment is designed to help pay for the funeral or other final expenses while we assess the claim.

Just keep in mind, we need satisfactory evidence of the Life Insured’s identity, age and cause of death to advance these funds . If we make the Advanced Funeral Payment before paying the full Life Insurance Benefit for a Life Insured, the final Benefit will be reduced by $10,000. Take a look at our Policy Wording for more details.


How is the premium for Platinum Life Insurance calculated? 

Related questions

Question not answered?
Call us today on 0800 111 679