Average cost of a funeral in Canada is $10,000 for a basic funeral. Canada Pension Plan offers up to $2,500 for a funeral, but this can be too little for most people. This is a financial burden that can trouble your family at the worst time. Life insurance policies provide a tax-free benefit your family can use to pay funeral expenses or meet other immediate needs such as:
- Cover final expenses.
- Pay overdue debts.
- Cover estate taxes and settlement costs.
- Pay final income tax costs.
To receive a no obligation quote or more information on Funeral insurance please complete a short inquiry form and we will be happy to assist you.
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