What Does Funeral Insurance Actually Cover?

Published on Thu Apr 24 2025 in Money

A simple breakdown of how funeral insurance can help your loved ones.

When considering funeral insurance, many people ask the same question: What exactly does it cover? At Momentum Life, we believe in clear, straightforward protection — especially when it matters most.

Let’s walk through what funeral insurance typically covers, and how it can ease financial pressure for your family during a difficult time.

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💰 A Lump-Sum Payment

When you take out a funeral insurance policy with Momentum Life, your family receives a lump-sum payout (up to the cover amount you select, with a maximum of $30,000) if you pass away. This money can be used however they need — but it’s typically used to cover funeral-related expenses.

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⚰️ Common Funeral Costs Covered

Here’s how most families use the funeral insurance payout:

• Funeral director fees

• Burial or cremation costs

• Coffin or urn

• Venue hire and catering

• Flowers and service booklets

• Transport (hearse, family vehicles, etc.)

• Death notices or obituaries

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🧾 Other Expenses It May Help With

In addition to direct funeral costs, some families use the payment for:

• Outstanding medical bills

• Legal or estate fees

• Travel costs for family attending the service

• Memorials or headstones

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📌 No Strings Attached

The beauty of a lump-sum payout is that it’s flexible — your loved ones decide how to use it based on their needs. It’s not restricted to specific services or providers.

At Momentum Life, there are no medical checks required, and you can apply completely online — with guaranteed acceptance for NZ residents aged 40–75.

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🛡️ Give Your Family the Gift of Preparedness

Planning ahead means they’ll have one less thing to worry about. Learn more or apply now at

👉 momentumlife.co.nz/funeral-insurance

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The content provided in this article is for information purposes only. The information is of a general nature and does not constitute financial advice or other professional advice. To the extent that any of the content constitutes financial advice, it is limited to Momentum Life products only and does not consider your specific financial needs or goals. You should consider whether the information is appropriate for you and seek independent professional advice, if required.

All product information is correct at the time this article was published. For current product information, please visit the Momentum Life website.