Average funeral cost in Canada is $10,000 for a basic funeral, with only limited public support to help you and your family cover the cost. Funeral expenses and other end-of-life costs can be covered with life insurance, providing a dependable benefit to your loved ones to manage your funeral expenses without financial burden.
HOW CAN FUNERAL EXPENSE COVERAGE HELP YOUR FAMILY?
- Cover costs associated with funeral expenses
- Pay the insured’s overdue debts;
- Cover estate taxes and settlement costs;
- Provide for an inheritance or estate plan.
To receive a no obligation quote or more information on life insurance plans to cover funeral expenses please complete a short enquiry form and we will be happy to assist you.
PLANNING YOUR OWN FUNERAL
Many people plan their own funeral well in advance, to make sure the funeral is what they would wish, and to take the stress away from the next of kin.
Making prior arrangements yourself can make all the difference to your loved ones. You can take your time and think it through carefully, calmly and rationally. You’ll then get the kind of send-off you really want.
All you have to do is sit down with a member of our staff and discuss all your individual requirements, so that the plan can be made to suit your wishes and budget.
LIFE INSURANCE FOR FUNERAL EXPENSES
The price of a funeral in Canada can often be more than $10,000. If you aren’t properly prepared, your funeral can be a large financial burden on your loved ones and a responsibility they don’t need during an already difficult time. Make it easier on your family by planning ahead for the costs that come with your funeral.
Funeral Expense Plan offers plans that will help you manage your funeral expenses and prevent your family from acquiring any of your final debts. Our low-cost specialized policies will cover the costs of your funeral as well as any other final expenses that shouldn’t be passed onto your family.
Our policies are ideal for those over 50 as:
- You can obtain coverage oftentimes without a medical exam, and even without needing to answer any health questions.
- You can obtain coverage generally up to $25,000 with guaranteed eligibility for most individuals ages 40 to 80.
- You can take out a policy and get it issued immediately, with no lengthy waiting periods.
We specialize in life insurance for individuals over the age of 50, with plans offering eligibility up to age 80. By partnering with leading Canadian insurers and also making our own unique insurance products available, Specialty Life makes it easy for Canadians to get affordable no medical coverage. Apply for a quote and discover your options now.