Death is a time of grieving. It is a time for adjustments – getting over the loss of a loved one. It is also a time of great stress, emotionally and financially – emotionally, because of the loss, and financially because of the expenses it could bring.

When a person dies, one of the biggest areas of expense for the family is the funeral. From the plot to the casket, nothing is free. So if you are unprepared for such things, you will find yourself groping in the dark, or at risk of being in debt just to pay for the funeral expenses.

It is a good thing if you have insurance to cover your family in the event of your death. However, some funeral products do not always pay enough to cover the funeral you would like, which could add to your frustrations.

The Zurich EziCover Funeral Advantage Difference

The Zurich EziCover Funeral Advantage pays you a lump sum benefit of up to $15,000 to help you cover for the funeral expenses and other outstanding bills. Other features of this insurance cover are as follows:

• Guaranteed Acceptance: As long as you are a guaranteed Australian resident aged 45 to 70 years old, you can apply for the Zurich EziCover Funeral Advantage
• Cooling Off Period: Zurich understands that a person can change his or her mind. That’s why it gives a 30-day cooling off period just in case you have second thoughts or are not satisfied with the product. If you have decided, within 30 days upon purchase, that you don’t want the product, you will be fully refunded.
• You get what you pay for: Once you have reached the required amount needed, you don’t need to pay the monthly premium anymore. Your cover will still continue until death or upon termination.
• Guaranteed renewable: Once you have fully paid your obligation, your policy cannot be cancelled by Zurich.
• 24 Hour Worldwide Cover: Even if you travel anywhere in the world, you won’t have to fear anything since there is a 24/7 cover provided on this possibility.
• No Interview or Medical Required: Getting the Zurich EziCover Funeral Advantage does not require any further medical proof or interview; thus, you are saved the hassle of going through the process.
• Possibility of Earning: Aside from the benefits you can get, the Zurich EziCover Funeral Advantage gives you a chance to earn as well. When you refer this policy to friends and families and they enrol, you get 20% commission out of every premium paid.
• Convenient Monthly Payment: With the direct debit option, you don’t have to worry about monthly deadlines. Your payment will be deducted from your account every month for which you will receive notification.
• Up- to-Date Information: You will be automatically given information for any changes or upgrades done or is available in the policy.

Aside from the above-mentioned features, the Zurich EziCover Funeral Advantage has a 100% premium refund within two years of enrolment or the first 24 months in the event of accidental death.

Factors Which Could Affect Your Premium

Just like other insurance policies, there are certain factors which could affect your premium. So in order to get the full benefits and advantages of a policy, it is advisable that you honestly answer the questions your financial adviser will ask you. Some of the factors that are brought into consideration when you apply for the Zurich EziCover Funeral Advantage are:

• Level of Cover: If you opt for a higher level of cover, you also get paid a higher level of premium. But no matter which level you choose, there is always guaranteed payment to help you and your family breeze through this difficult period.
• Gender: Males have, generally, higher premiums than women. This is because men tend to be riskier than women. Illnesses, such as heart disease, stroke, diabetes, infections, and almost any form of cancer, tend to take the life of men at a younger age than women. Moreover, men are involved more on high-risk adventures and leisure activities adding to the risk.
• Age: It is a fact that the older you become, the higher the chances of dying and falling critically ill. Age is viewed upon on two sides when you enrol in a policy – the time you enrolled, and the time the policy will terminate.
• Smoker: It is explainable why smokers pay a higher premium than non-smokers. For one, it is deemed that smokers die at an early age due to a lot of health issues than non-smokers. Secondly, smokers are found to develop behavioural habits that are generally higher in risks than non-smokers.

It should be noted, though, that non-smokers are defined under this policy as those people who haven’t smoked tobacco or any substance within the past 12 months.

Dealing with the emotional stress of death is already too much. Why let your family go through the burden and stress of taking care of all the funeral expenses a death could incur. Having the Zurich EziCover Funeral Advantage lets you off the burden by paying you a lump sum enough to cover funeral expenses and other financial obligations brought about by sudden death.