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Hamilton Funeral Insurance

Hamilton Funeral Insurance Overview

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Funeral planning requires a lot of skills, prior experience and knowledge, sadly most Canadians lack requisite experiences and knowledge to plan such an event. This is why the service of an accredited funeral director in Hamilton is needed to organize a funeral. The funeral director will make the job easier for you and also conduct the funeral with dignity and professionalism.

You need a funeral director to make sure that the desires of the deceased and those of his loved ones are fulfilled. The assistance and services of the funeral director will be relevant to ensure the success of the funeral.

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Hamilton Funeral Insurance Details

Hamilton Funeral Bonds

Funeral bonds are special amounts set aside to cover your eventual funeral cost in Hamilton. The money invested in funeral bonds is paid out when you die and it must be used for your funeral.

Funeral bonds are backed by capital guarantees. Furthermore, they are reliable, portable and flexible investments usually not tied to your specific location in the city. Also, the bonds are indexed annually and have a maximum limit. You can obtain more information about funeral bonds in Hamilton from your funeral director.

Here are some benefits of funeral bonds in Hamilton:

  • There is no entry or exit fee in funeral bonds.
  • The money you earn from the bond will not affect your personal income tax position in Hamilton.

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Hamilton Obituary and Mortality Rate

A 2013 report placed Hamilton at the number 5th spot in death rate on murder city list, almost doubling from 1.44 in 2012 to 2.04 in 2013. However, the city is currently experiencing a substantial opioid homicide. The opioid-related deaths increased by 28 percent in the first six months of 2018.

When someone dies, it is traditional to organize an obituary for such a person in order to announce his or her death to Canadians and the world at large. An obituary is a way to put into remembrance the contributions of the deceased to the society.

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Hamilton Funeral Homes Listings

  • Friscolanti Funeral Chapel – 43 Barton St E, Hamilton, ON L8L 2V7 – (905) 522-0912
  • X. Dermody Funeral Homes – 796 Upper Gage Ave, Hamilton, ON L8V 4K4 – (905) 388-4141
  • Markey-Dermody Funeral Home – 1774 King St E, Hamilton, ON L8K 1V7 – (905) 547-1121
  • Bay Gardens Funeral Home – 947 Rymal Rd E, Hamilton, ON L8W 3M2 – (905) 574-0405
  • Cresmount Funeral Home – Fennell Chapel – 322 Fennell Ave E, Hamilton, ON L9A 1T2 – (905) 387-2111
  • Marlatt Funeral Home & Cremation Centre – 615 Main St E, Hamilton, ON L8M 1J4 – (905) 528-6303
  • G. Wallace Funeral Home – 151 Ottawa St N, Hamilton, ON L8H 3Z2 – (905) 544-1147
  • Dodsworth & Brown Funeral Home – 15 West Avenue N, Hamilton, ON L8L 5B9 – (905) 522-2496
  • Smith’s Funeral Home Stoney Creek Chapel – 454 Hamilton Regional Rd 8, Stoney Creek, ON L8G 1G6 – (905) 664-4222
  • Truscott, Brown & Dwyer Funeral Chapel – 1309 King St E, Hamilton, ON L8M 1H2 – (905) 549-2417

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Hamilton Funeral Insurance Related Pages

Hamilton Funeral Insurance News

Diana Parent was clear with what she wanted for her funeral before she died. But when Judy Wood went to finalize her sister’s funeral at Victoria Greenlawn funeral home, she realized that her sister’s planning did not cover any funeral services. It only covered the burial spot, cremation, and urn.

Wood described the experience as shocking. The funeral home staff said the package they recommended included everything Wood wanted. After going through all the services included in the package, the bill went up to $10,000 on top of the money already paid by Diana.

Wood said she didn’t want to seem as though she was asking a lot of questions but after trying to keep costs down by canceling terms like catered receptions and memorial cards, they still needed to stash out additional $4,300 for the funeral.

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Hamilton Funeral Insurance FAQ

What Does Funeral Insurance Cover?

Funeral insurance pays the agreed amount on funeral cost up to $15,000 in the event of your death.

What Happens When a Family Can’t Afford a Funeral?

In case you cannot afford the cost of a burial, cremation or funeral. You can contact the office of the coroner in your county or city and sign a release form with the office. The state or county will pitch in to either cremate or bury the body.

What is the Difference Between Life Insurance and Funeral Insurance?

Funeral insurance and life insurance are closely related. The two pays out a lump sum but the lump sum paid out by funeral insurance is smaller than that of life insurance. Also, funeral insurance caters for short-term expenses but life insurance is suitable for long-term financial security.

How Much Does it Cost For Funeral Insurance?

Funeral insurance policy costs an average of $50 per month. Usually, the face amount purchased for funeral insurance is $10,000. The exact premium you might pay could vary depending on the face amount you purchase, your age, gender, and health.

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