Insuranceline Funeral Insurance Questions & Answers
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Hi, Ive had my funeral ins for abt 15yrs ($15000) and after recent cancer and treatment with chemo and radiotherapies Im suffering a bit and wonder if Im able to cash out my funeral insurance to make life a bit better/easier for me. Is this an option? - Or do I simply have to suffer through till I kark it.
Do I get my money back that I have paid into it so far back if I cancel my policy
If I opted out of my funeral insurance can I get a Part refund
I have been with insuranceline since ,2005, I found no problem so far, actually they have been very helpful. Is my money still safe and will my children be paid the money
l had a policy for funeral plan which was started in September 2015 which was being debited from my bank as a direct debit, when l went on line to look at it l found that the policy was not there any more, l contacted insurance line and they told me it was cancelled by them as they could not contact me as they only had my old address and l had not given them my new address and phone number, l was devasted all that money had gone to waste and l no longer had a funeral plan as l thought l had, the person on the phone said she would speak to her manager and l would hear back to see what could be done, l have had no phone call back. the policy was cancelled in 2021 and the policy number was 84157943, PLEASE can some thing be done to re instate the policy, please call me back to arrange some thing, 0409448560.
I cancelled my policy about March cause I was coming back home to NZ tonlive and it has never been stopped why
There was a thing on a current affair about this a while ago they do it to so many people!! They are still taking about $6 out my account every week or 2 and o hold them to stop 2 years ago!! They are theives and evil
What's your phone contact number?
I paid my funeral plan for 9 years nowi want to cancel can I get my money back
Hi Marie.no way they will not refund you.but they will gladly cancel it and keep your money.l started a new policy recently so it would not increase every year.So l lost all the money l had put into my policy over the last 10 years.
Is there anything or anywhere’s else that can help get your money back?
I was a member for 7 years and changed my policy to a no increase premium.So it does not go up each year.BUT they started me a new policy and I lost all of the money I had put into the previous account. Also is it right that they cancel your policy after you turn 69. I had a friend who was 79 and they cancelled his policy because he had only been a member for 2 years and they said he was too old to be a member and returned 3 payments to him.
How much is funeral insurance for someone who is 76?
At age 76 forget it. keep your money in your bank account. At least you will earn interest.
I insured my husband in 2009 in March I paid one month.After he died in May 2009. I did not claim.Was he entitled?
Is it possible to get your money back as I been a member since 2000 I realise now but I'm paying too much for funeral cost don't cost as much as would you put in over the years
Do the premiums stay the same throughout policy of funeral insurance?
How much is a funeral policy for aprox $12000 each our age is 77 & 80 years old monthly please?
My mother in law died July 16 and my father in law died Aug 17. She was 75 and he was 83. They had a VERY small policy for $2704 each, barely enough for a cremation. For that they were paying around $60 to $70 a month. (I do have the paperwork but would have to dig it out) When my mother in law died, the premium did not go down by half, but stayed at around 2/3 of the premium for them both. When I questioned this with the insurance company, they said that the insurance was cheaper when MIL was alive because she was younger and it therefore reduced the combined premium. So if you do the figures, you would most likely be paying around 4 times as much a month, $240/$280 per month for $12000 each. I wouldn't hesitate to say those amounts would be minimum amounts, it would probably cost more. But if you mind me saying, why on earth would you need that amount? My MIL had a lovely cremation and service for just under $3000, and I can honestly say it couldn't have been any better had it cost $12,000. We did not have a service for my FIL, just the cremation which cost $1875. Funerals are for the living, not the dead, a gathering in a relatives home to celebrate a life, would be minimal cost and, I think, much more personal.
Have found correspondence for Policy No 84126777 but have no record of paying the premiums. Is this still current? Name Adam Pelley.
mate you are really better off to ring the company rather than put your insurance details on the net for anyone to see.
im took out my policy 6yrs ago and in that time have moved an seperated because of this i do not have a copy of my policie. i emaild requesting a copy as id like to review it also refresh myself with the policy. i never resieved a responce. i still make the regular payments via direct debit so please tell me how i get a copy of my policy
Why not call them? Speak to them directly.
with insurance line can you get a payout at age 85? or no longer need to pay fees.
No you can't. They ONLY payout on death or terminal illness. I just learnt this the hard way
when i sighned up was told at 74 years old payments would be stoped now they say it is 89 years old about time the Goverment sorted them all out there should be a payment of even 50% if u oppt out
Can you cash in your funeral plan if you wish to change companies?
I believe it depends on your age. Some will at a certain age. It depends on your policy document. I'm looking into all these things at the moment before deciding on a funeral bond or insurance. Even if you have a capped age on the insurance, I think it is still up to the individual policy whether there is a cash back at the capped age. Prior to that, you may just lose your money.
No you get no cash when you change companies it is like your car insurance you get nothing when you decide at the end of the year, unless you cancel midway through the year you get some of your premium you paid on your car. But the funeral insurance is completely different to that and you ring and you will find out for yourself.
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