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Brampton Funeral Insurance

Find The Right Brampton Funeral Insurance and Accredited Funeral Director in Brampton

Funerals are conducted to celebrate a person’s life; to organize a successful funeral, you need prior experience and knowledge of what to do in such an event. This is why Accredited Funeral Directors in Brampton are in greatly demanded to ensure that funerals are efficiently organized.

Brampton Funeral directors will not only help you to organize a successful funeral but they will make it less burdensome by providing you with several services. The funeral director will help you to choose the most adequate funeral and to ensure dignity and professionalism in organizing the event. The funeral director will provide relevant assistance to you to make sure that the wishes of your family and those of the deceased are satisfied.

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Brampton Funeral Insurance Information and Funeral Bonds

The purpose of a funeral bond in Brampton is to cover the cost of the funeral in the event of your unexpected death. The money invested in the bond is paid out on death and can only be used for the funeral.

The funeral bonds are backed by a capital guarantee and they are a reliable investment. They are portable and reliable but are not tied to your location in Brampton. The bond has a limit and it is indexed every year. You can get more information about funeral bonds from your funeral director.

Funeral Bonds in Brampton has the following benefits:

  • The bonds do not have an entry or exit fee.
  • The amount you earn from the bond does not affect your position on personal income tax in the city.

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Brampton Obituary and Mortality Rate

The number of deaths is increasing in most parts of Canada, Brampton is not an exemption. The Ontario city has recorded an increased number of deaths from 637 in 1986 to 1782 in 2009. On the other hand, the city has a decreasing age-standardized mortality rate which has increased from 702.1 to 451.1 within the same period. Obituary helps the public to know about the death of a person. It is also a good way to recognize the deceased and the role he/she has played in moving the society forward.

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The Following are a List of Funeral Homes in Brampton

  • Brampton Funeral Home & Cemetery – 10061 Chinguacousy Rd, Brampton, ON L7A 0H6 – (905) 460-9155
  • Scott Funeral Home – Brampton Chapel – 289 Main St N, Brampton, ON L6X 1N5 – (905) 451-1100
  • Ward Funeral Home – 52 Main St S, Brampton, ON L6W 2C5 – (905) 451-2124
  • Brampton Crematorium & Visitation Center Inc – 30 Bramwin Ct, Brampton, ON L6T 5G2 – (905) 458-2222
  • Andrews Community Funeral Centre – Bramalea Chapel – 8190 Dixie Rd, Brampton, ON L6T 5N9 – (905) 456-8190
  • Elgin Hills Cemetery & Vsttn -Elgin Mills Rd, Brampton, ON – (289) 801-3294
  • Parklawn Corporation – 50 Bramwin Ct, Brampton, ON L6T 5G2 – (905) 799-2211
  • Meadowvale Cemetery, Cremation and Funeral Centres – 7732 Mavis Rd, Brampton, ON L6Y 5M1 – (905) 451-3716

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Brampton Funeral Insurance News

Most Canadians do not think about funeral cost as if death never happens but you will have to cater for the funeral cost when your loved one dies. Funeral costs could be very expensive and you could be faced with the expenses when making final arrangements for the funeral especially if you have to settle your loved one’s outstanding debts.

The cost of funerals could be up to $15,000 in Canada. Sadly, most Canadians live paycheque to paycheque and as a result, several Canadians may not be able to cater to the cost of funerals and associated costs. It is also required that the deceased estates settle most of his outstanding debts. An average consumer has a debt of about $22,000. You may have to use the deceased assets to settle his debts and still cater to the cost of the funeral.

Since most Canadians do not plan for their deaths, the cost of the burial, cremation or memorial service is left on the family members. Also, since funerals are very expensive, most Canadian families would rather opt for cremation.

However, with appropriate life insurance, you can lift the burden of your funeral off your family’s shoulders. The benefits associated with term life insurance depend on the policy but the lump sum could be up to $250,000 which can be used for any purpose including funeral costs.

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Funeral Insurance FAQ

What Is the Difference Between Life Insurance and Funeral Insurance

Both funeral insurance and life insurance pays out a lump sum benefit but the amount covered by funeral insurance is smaller. The major difference is that while life insurance provides long-term financial security to your loved ones, funeral insurance caters to your short-term burial expenses.

How Does Funeral Insurance Work?

Usually, you can choose between $5,000 and $15,000 for funeral insurance and the amount will be paid out when your beneficiary dies. You are required to pay the premiums monthly or fortnightly.

What Does Funeral Insurance Cover?

Funeral insurance pays out an agreed amount to your estate if you die. This covers the cost of your funeral up to $15,000.

How Much Does It Cost For Funeral Insurance?

Several factors affect funeral insurance such as gender, age, smoking status etc. However, the average cost of a funeral insurance policy is $50 per month but most face amount purchased is $10,000.

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