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Preparing for Rising Funeral Costs in Ontario: Practical Solution You Should Consider

By David Lynch on 17 Jun. 2024
In 2023, the average funeral cost in Ontario is estimated to be at least $7,775¹. Take a minute to imagine the financial stress it would cause your family to deal with such an unexpected expense. With declining government assistance available for funeral expenses, they might be responsible for the entire bill. Most of us don’t have that much money to spare, and it could cause long-lasting financial distress or going into debt.

There is a way to save your family from the stress of covering a cost like this! Final Expense Life Insurance is a type of life insurance designed to help residents of Ontario protect loved ones from unexpected costs.

Final Expense Life Insurance is an affordable form of financial protection available to almost anyone.

  • Ontario residents between 18 and 74 can qualify instantly.
  • Coverage amounts are flexible up to $50,000 and premiums are affordable.
  • Fast, easy application: no medical exams, no complicated paperwork.

Select your age.

Get Your Free Quote >
It takes less than a minute >>
Your beneficiary will receive a tax-free lump sum payment that can cover funeral costs, outstanding debts, and other end-of-life expenses. The guaranteed benefit amount makes it easy to plan and know that all your financial obligations will be covered without burdening loved ones.
Two things are inevitable in life: death and rising costs. However, a Final Expense Life Insurance plan can help alleviate some of the stress associated with these circumstances. In Ontario, many individuals have already taken the proactive step of providing their loved ones with the peace of mind that comes with planning for the future through this type of life insurance.
Here is how to get started:

Step 1: Click on your age to apply for a quote

Step 2:  Answer a couple of quick questions, and you'll be able to access competitive rates for Final Expense Life Insurance:

Select your age.

Get Your Free Quote >
It takes less than a minute >>
¹ https://www.policyadvisor.com/magazine/how-much-does-a-funeral-cost/