FUNERAL ADS MISLEADING

Thursday, 09 September 2010 10:07 | Last Updated on Thursday, 09 September 2010 16:29 |

losing-money The plethora of advertisements claiming funeral insurance can cost less than the cup of a coffee a week are not telling the full story, a funeral operator says.

Invocare Ltd chief executive Andrew Smith says some policyholders could be overpaying in premiums by as much as 14 times what a funeral actually cost.

He said the details of rising premiums as a funeral insurance plan matures are often buried in the fine print.

To read the full article, please go to SMH.

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