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- info@insuranceandinvestmentsolutions.ca
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Final Expense Insurance
Why Select Insurance & Investment Solutions for Your Final Expense Insurance Needs?
Have insurance advisors from diversified cultural backgrounds, assisting in different languages.
Have strong business relations with Canada’s leading insurance providers and experienced insurance brokers and financial advisors.
Get the best Final Expense Insurance plans and rates from Canada’s trusted insurance providers in just 5 minutes.
Have helped thousands of Canadians in successfully filling claims over the last 10 years.
What Is Final Expense Insurance?
There are a lot of costs involved for funeral and other liabilities after death. There could be pending debts, hospital bills to settle, funeral costs and others that can put your loved one under financial pressure after you are gone. If you have planned everything properly, you can avoid any financial liability falling upon your family after your demise.
Final Expense Insurance is one of the best ways of doing it. With Final Expense Insurance, you will be able to cover any liability and any type of expenses related to your demise without passing stress to your loved ones. It is a type of Life Insurance policy that just offers lesser death benefits comparatively and is aimed to cover funeral and other final expenses only. The process is really simple and affordable. It is designed for seniors mostly 50 years and above.
Do You Know?
In Canada, the average cost of a ceremony is around $9000/- to $15,000/-.
Benefits Offered By A Final Expense Insurance
1. Guaranteed Acceptance: There is no chance of your application getting rejected. There is a 100% guarantee of acceptance of your application even if you have severe health issues.
2. Death benefit amount up to $50,000: You will get a guaranteed coverage and the amount you decide will go to your beneficiary after your demise. The amount will remain the same till you change it. The beneficiary will have to make a claim after your death.
3. No need for clearing medical exam: For getting coverage under Final Expense Insurance there is no need to undergo or clear any health examination.
4. Apply online: You can apply and complete the process online. Just connect with a trusted and reputed insurance broker and purchase a suitable plan from home only. You will get instant approval.
5. Premium is fixed: The premium amount is locked at the time you purchase the plan. It will remain the same for the life of the insurance.
6. Coverage for accidental death: There are additional benefits in case of accidental death your beneficiary will get 4 times of benefit without paying any extra cost. There are some exclusions, call us to know more.
7. The review period of 30 days: After purchasing the policy you can cancel it within 30 days if you change your mind without losing out on the premium you paid.
8. Tax benefits: The benefits your beneficiary will get will be tax-free.
9. No Canadian citizenship required: Even if you are new to Canada and are not a citizen or permanent resident of Canada, you can apply for the insurance.Final Expense is for you if:
- You are between the age band of 18-74 years.
- Have a home address in Canada.
- You can apply even if you have serious health issues, with no impact on coverage.
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