Life Insurance for Funeral Expenses
One of the many reasons Canadians look at a life insurance policy is to cover funeral expenses for when they pass away. In Canada, the cost of a funeral can range from $5,000 to over $15,000 and this cost would have to be paid by your family if you haven’t planned in advance for this final expense.
A life insurance policy to cover funeral plans is designed to help your family cover the cost of funeral expenses and other costs such as, capital gains, legal fees and estate taxes as well as even small cash gifts for beneficiaries upon your death. It is usually a low-cost option that can provide peace of mind for you and your loved ones.
We can help you determine the right amount of coverage needed based on your funeral and succession plans and get you covered quickly and easily. Many of our plans will not require you to do a medical exam and can start with coverage right away. Your premiums will not increase for the life of the policy, making it a set it and forget it plan that offers coverage that will let you rest easier knowing that this important element for your loved ones has been taken care of.
We are a trusted leader in the No medical and Simplified Issue Life Insurance industry. Our goal is to offer you compassionate service and affordable life insurance solutions. We make it simple and straightforward, and you can be covered within days. Apply now for a no-obligation quote and protect your loved one’s financial future today.
Get from $5,000 up to $500,000 in coverage for No Medical or up to $1 million on all other plans.
Cover final expenses, or whatever bills may need to be looked after with a life insurance plan. The benefit paid out is tax-free.
Whether you’re 18 or 80 you can apply, including non-residents with a valid work or study permit.
Applying is easy
Get a free no-obligation quote
We may not want to think about it, however planning ahead and purchasing a life insurance policy to cover funeral expenses is one of the most thoughtful and generous gifts that you can provide.
This is a simple and straightforward way to ensure that your loved ones will not be saddled with covering outstanding debts during an already difficult time.