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Canadian Funeral Insurance: Our Final Gift To Those We Love
By: 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."
About the Author:
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.hughestrustco.com
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