There are decisions we do not make for ourselves, but for those we love the most. Preparing certain aspects of life may seem uncomfortable, but when it comes to easing future concerns, it is an act of responsibility and care. That is why many people value the importance of a funeral insurance policy.
It is not just about covering an expense, but about supporting the family in a delicate moment and preventing them from having to face paperwork, procedures, and unexpected decisions on their own. It is a way of caring even when we are no longer here.
As an insurance brokerage specialised in tailored solutions, at Ambler we offer a comprehensive service to help you find the funeral insurance policy that best suits you. On this occasion, we cover everything you need to know about funeral insurance: cover, prices, exclusions, and benefits.
What does funeral insurance cover?
It is a protection that provides comprehensive cover designed to prevent families from facing complicated procedures or unexpected expenses during an emotionally difficult time. It should be noted that the cover will depend on the type of policy taken out, but most include the following aspects.
Full funeral service
All the elements necessary for the funeral are included: coffin, shroud, preparation and conditioning of the deceased, use of the funeral home, ceremony (civil or religious), hearse, floral wreaths, obituaries, and, depending on the choice, burial or cremation.
This package is designed so that relatives do not have to worry about arranging services or comparing quotes at such a difficult time.
Administrative procedures
Another essential part of the insurance is assistance with legal and civil documentation, which includes obtaining the death certificate and registering it with the Civil Registry, updating the family record book, or processing certificates related to inheritances and pensions.
National and international transfers
If death occurs far from the place of residence or abroad, some policies cover both national transfers and repatriation, including all associated logistical and documentation costs.
Family assistance
Some policies offer psychological support for family members, legal advice services after death, and assistance with organising the succession process. This provides emotional and practical support that is highly valued by families.
Additional Coverages
There are companies that offer complementary cover: travel assistance, basic medical services, digital deletion of social media profiles, drafting or safekeeping of wills, home care in case of hospitalisation, or even specialised legal advice for the family environment.
How much does funeral insurance usually cost?
The cost of funeral insurance depends on several factors: the age of the insured, the type of policy taken out, the level of cover, and the place of residence.
Cost by age group
- People under 40: can take out insurance from €18 per year (around €1.5 per month), with minimum premiums barely reaching €30 per year if only basic cover is required.
- Between 40 and 65: the cost ranges from €5 to €10 per month, which amounts to around €60–120 per year.
- Over 65: in this case, most insurers offer the option of paying a single premium, that is, a one-off initial payment that covers the entire service. This usually ranges between €5,000 and €7,000, depending on the company.
In general, the average annual price for a standard funeral insurance policy is between €45 and €80 per person.
Premium types
- Natural premium: the most economical at the beginning, but with an annual increase. Highly recommended for young people, as it can start from just €2 per month. As the years go by, the premium increases.
- Level premium: maintains a fixed payment over time. Although it starts at a slightly higher amount (between €5 and €10 per month), it offers long-term financial stability
- Single premium: designed for those over 65 or 70. It consists of a one-off payment, with immediate cover and no need for future monthly instalments.
How much does funeral insurance cost at age 50?
At age 50, the price of funeral insurance varies depending on the type and the insurer, but it usually ranges between €60 and €120 per year with a natural premium.
Some companies offer insurance with basic cover from €40–45 per year, while others, with broader services or sector recognition, may reach €70–90 per year. Rates may also vary depending on whether an individual or family policy is chosen.
What type of death is not covered by the insurance?
Although funeral insurance is a very comprehensive coverage tool, there are certain situations that insurers generally exclude:
Armed conflicts or civil unrest
Deaths resulting from wars, terrorist acts, riots, or unrest are not covered.
Extreme natural disasters
Deaths caused by earthquakes, severe floods, or hurricanes may be excluded if there is no specific cover or if the Insurance Compensation Consortium does not intervene.
Radiation and nuclear accidents
Whether caused by war or by accident, this is excluded from the scope of most policies.
Suicide
Many insurers apply a waiting period of between 12 and 24 months. If it occurs after that period, some policies do include it.
Death due to alcohol or drugs
If the insured dies as a direct consequence of drug or alcohol consumption, it is a common reason for exclusion.
Gross negligence
Deaths caused by reckless behaviour, such as jumping from heights or undeclared reckless driving, may be excluded from cover.
Crimes or illegal activities
If death occurs while committing a crime or in a criminal situation (except in self-defence), the cover does not apply.
Unreported high-risk activities
Extreme sports, hazardous occupations, or risky activities not previously declared in the policy may also be excluded.
Other causes
It is essential to review the general and specific conditions of each contract to understand the details of actual cover and the applicable limitations.
It is essential to review the general and specific conditions of each contract to understand the details of actual cover and the applicable limitations.
Advantages of having funeral insurance
Having this type of protection offers multiple benefits for both the insured and their family:
Peace of mind for the family
The main value of this insurance is the emotional and financial relief it provides for the family, who will not have to manage or directly assume the immediate costs and decisions after the death
Advance planning
You can organise in advance all aspects related to the final moment, from the type of ceremony to the resting place of the body. In this way, uncertainties are eliminated, and a farewell in accordance with the wishes of the insured is facilitated.
Quick and hassle-free management
The insurer handles or guides all legal, administrative, and logistical procedures, avoiding queues, complex documents, or bureaucratic errors that often arise in times of emotional stress.
Flexible and personalised cover
The insurance can be tailored to individual or family preferences: burial, cremation, type of ceremony, place of burial, will, legal assistance, etc.
Caring even when we are no longer here
Talking about the end of life is never easy, but approaching it with foresight and care turns the subject into an act of love. In this sense, funeral insurance becomes a tool for support, organisation, and peace of mind.
At Ambler, we offer you a close, efficient, and professional service. We protect what matters most because we understand that every person and every family is unique. Would you like to receive advice on taking out funeral insurance? Get in touch with our team so we can start working together. Because planning today is a way of caring for tomorrow.
