Final Expense

Final expenses is a life insurance policy that can cover the costs associated with final expenses, funeral or burial costs. Ensuring that you do not leave your spouse or children with this cost after your passing. Final expense planning is typically considered by seniors and can achieve a couple of purposes.

When is Final Expense beneficial :

• Taking care of the costs of dying with dignity.

• Leaving a legacy to children and grand children.

• An alternative to funeral insurance. Your beneficiaries will be paid a tax free amount which they can use to take care of your last wishes, cover final expense bills and the costs of your last rites, funeral, cremation, or burial

• Things to consider when considering this plan to cover funeral expenses. The casket, permits/certificates, transportation, last rites, cremation or funeral and burial services, gravestone and plot costs, celebration of life costs including flowers, food and drink, final medical bills, credit card bills, utilities etc.

  Please note costs can vary significantly across Canada, and personal wishes and preferences will impact the final price tag. Don’t leave your loved ones with an unnecessary financial burden.