Do we really need funeral insurance?

Authors

Sandra L. Van Der Laan, University of Wollongong
Lee C. Moerman, University of WollongongFollow

RIS ID

125255

Publication Details

Van Der Laan, S. & Moerman, L. (2018). Do we really need funeral insurance?. The Conversation, 5 April 1-3.

Link to publisher version (URL)

http://theconversation.com

Abstract

TV advertisements for funeral insurance often warn of the huge financial impost created for families when you die. They argue the only way to protect your loved ones is to take out insurance. However, what these ads don't tell you is that funeral insurance is a financial product and not really any different from life insurance, except the cover is usually for a much lower amount.