For many families, it is wise to prearrange and prefund a
By completing arrangements before needed, the time for grief
is freed from difficult decisions, both emotional and financial.
When you plan and arrange your own funeral, you make the
gift of love to your family. You relieve them of difficult
What are the Benefits?
By owning a Preneeds policy, you can have the peace of mind
that the benefits of your policy will be dedicated to pay
for your funeral expenses.
The growth on the policy is guaranteed to be a minimum of
4% of the coverage amount each year.
By making a simple call, you can receive a statement detailing
your death benefit amount as of the end of the last policy
Even better, the growth on the policy does not count as taxable
income to you during your lifetime if your policy is assigned
to a funeral home to pay for your funeral expenses.
The claim process is easy, and payments are made within the
province of Ontario.
Once the claim is filed with the insurance company, a cheque
can be made directly to the funeral home for the amount of
the funeral bill.
Any additional dollars of benefit will be paid to whomever
you indicate as your beneficiary.