Funeral Insurance Over 70

The average cost of a funeral in Australia varies depending on the type of service chosen. According to a recent survey by Australian Seniors, the average cost of a burial service is just over $9,000, while the average cost of a cremation is $6,334. However, it's essential to note that these are average figures, and actual costs can vary widely.  

Here's a breakdown of some of the key expenses involved when you are calculating the cost of a funeral: 

• Funeral notification: Placing a death notice in a local newspaper is often necessary and can cost between $200 to $300 or more. 
• Coffin or casket: Considered one of the most significant costs, coffins can range from $1,000 to $10,000, depending on the type and style chosen. 
• Transport: Transportation costs, including hearse hire and transfers to and from the funeral home, can range from $500 to $1,500. 
• Funeral and/or burial service: This is the most substantial component of the funeral process. Funeral directors usually handle this aspect of the funeral, handling all the legal work, transportation, flowers, and cemetery space, with costs ranging from $3,000 upwards. Larger-scale funeral services, including chapel fees, flowers, venue hire, and catering costs, can range from $3,000 up to $12,000 or more. 
• Burial and headstone: Finding the right burial plot and headstone can be costly, with premium areas and headstones sometimes costing over $5,000. 
• Cremation and cremation service: Cremation services are generally cheaper than burial services, but can still cost from $1,500 to $3,000 or more.  
• Urn: Urns are generally less expensive than coffins, with prices ranging from $50 to $500. 

Please keep in mind that these are approximate costs, and actual expenses may vary based on your location, specific preferences, and options chosen.