Can I nominate a beneficiary to claim my funeral insurance money when I am gone?

Posted on 17 December, 2017 at 19:05
At the time you purchase a funeral cover plan you nominate the person who will make the claim on your behalf. This person can be any trusted relative or friend, and the good news is you can easily alter to another person if the circumstances arise.

Typically the beneficiary will be a spouse or for single or widowed people it usually one of the adult children. This person will then need to prepare any information the insurer might need following your passing. But it is all quite straightforward and the insurer will credit their bank account with the sum insured within 1-3 days (usually) of receiving all required information relating to your passing. The beneficiary can then make all payments as you wish.

At the time of the funeral cover being put in place we always recommend that you let the beneficary have a copy of the funeral insurance policy to keep in a safe place so they have the insurance company contact details and phone number when required. That is also a good time to have good chat about what your wishes are so your beneficary can carry out what you want at the appropriate time.

Paul Woollams, Funeral Insurance Helpline