Canadian
Funeral Insurance: Our Final Gift to Those We Love
Author:
Ivon T. Hughes
Most
of us don't like thinking about our own funerals, but no matter how much
we ignore the inevitable, the truth is that when the time comes someone will
be responsible for those expenses. The question is will it be our grieving
loved ones who foot the bill or will we plan ahead and purchase funeral insurance
to cover those costs so they'll have one less concern to worry about.
Funeral
insurance protects your loved ones by covering the costs of the burial and
service so they don't have to. Most funeral insurance policies range between
$5000 and $20,000 in value and are available to persons of any age, so it
never becomes too late to begin making these important arrangements.
One
of the best things about funeral insurance plans is that they are affordable
and accessible to everyone. Funeral insurance premiums are payable monthly
so the cost is spread out over the course of a year, instead of coming all
at once every six or twelve months. Plus, signing up for a funeral insurance
plan does not require a medical exam, so people in high risk categories,
such as smokers, or with pre-existing medical conditions can still qualify.
Even
without these benefits, the reality is that funeral costs are constantly
getting higher and most of our current life insurance, if we have any, simply
is not enough to cover medical bills, existing debt, and burial expenses.
With an additional funeral insurance policy, however, we can be assured that
our loved ones have the funds necessary for a proper farewell.
Funeral
insurance provides security and shows those we love that we cared enough
about them to plan ahead and to save them from the unnecessary stress of
paying for our funerals. But, more than that, funeral insurance can also
be used to pay off additional medical costs or other incurred bills so our
families will not be hounded by debt collectors at one of the saddest moments
of their lives. Funeral insurance can also leave something behind which may
ease their loss: money for college, home repairs, or living expenses. And
the beneficiary of the funeral insurance policy does not have to pay any
taxes on the money.
Still
many people are reluctant to get insurance policies because they don't want
to be harassed by salespeople or to have to wait for acceptance. With funeral
insurance this is not a problem. Interested individuals can complete a funeral
insurance application online without dealing with a trained sales force or
having to divulge personal information to total strangers. Plus, the funeral
insurance application is processed promptly and issued quickly.
The
truth is that funeral insurance is a smart choice for anyone and everyone
because we never know when our time will come. Funeral insurance is easy
to get and to afford. Funeral insurance can cover our burial expenses, medical
bills, and other debts while still providing our loved ones with some tax
free money to help them through this difficult time. Funeral insurance also
provides us with the peace of mind of knowing we have eased the burden, the
stress, and the grief of our loved ones by taking steps now to prepare for
the future. A funeral insurance policy is really our last way of saying "I
love you."
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Ivon T. Hughes, The Hughes Trustco Group Ltd.
Online Insurance Broker - Get a FREE Quote TODAY!
Tel: (514) 842-9001 Email: info@trustco.ca
Web: http://www.trustco.ca
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