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Funeral Insurance
Why Funeral Insurance?
Funeral insurance is needed when after death, to cover the expenses of last rites and ceremonies of the deceased. It can help decrease the financial burden for friends and families on conducting funerals.
This insurance is especially feasible when there is a limited amount of money and resources in their family.
Funeral insurance policies are the best way to ensure your funeral costs are covered. The cost for a funeral in Canada can be easily reach from $10,000 to $25,000. This is not an expense that many grieving family members can easily afford. Planning ahead for this final event and putting in place a funeral insurance policy will reduce the burden on your surviving loved ones. Funeral insurance is, basically, a small life insurance policy that is big enough to cover your final expenses.
The great thing about the policies available to cover funeral expenses is that benefit is tax-free, and we have a variety of plans available now.
No Medical Policy
- You can do a No Medical type policy where there are no medical tests.
- With those No Medical policies you want to make sure that you find a plan where you can answer “No” to as many questions as possible. This will result in you paying the lower premium.
- It will also allow you to find plans that are available where there is no waiting period
- Some No Medical policies where there is a very short series of questions may have a waiting period
- So, if you pass away in the first two years, your death benefit may be limited to a return of premium whereas other No Medical policies’ death benefit starts off on an immediate basis, so it pays off from day one.
Features and Benefits
- Covers the expenses of Funeral
- Feasible for families with less budget
- Helps plan a better funeral for the deceased
- Covers the expenses of Funeral
- Feasible for families with less budget
- Helps plan a better funeral for the deceased
Get in touch
Get Quality Insurance at the Best Rates only at The Sujata Care!
No matter where, when and how, We offer the best Insurance solutions and advice for you!
No matter where, when and how, We offer the best Insurance solutions and advice for you!