Simplified Issue, Guaranteed Issue, Time Pay Funeral & Cremation Insurance Plans

By: Ccpp  09-12-2011
Keywords: Life Insurance, Insurance Plans, Medical Exams

There are three types of Funeral - Final Expenses Plans:

    FUNERAL/CREMATION PLAN: SIMPLIFIED ISSUE

    Coast to Coast Provinces Plans are Exclusive

    Our exclusive 'Simplified Issue' plans are more comprehensive, offer more benefits and provide maximum portability.

    There are no medical exams or tests of any kind, and no doctor's visits.

    It's that simple! We are here for you!

    Simplified Issue Plans include:

    • Immediate Benefits - guaranteed for life!
    • Benefits are Tax-Free
    • Level premiums - benefits will not end because of age
    • Protection amounts from $1,000 to $25,000 (depending on the Province of residence)
    • Double Indemnity
    • Your benefits can never be cancelled
    • Ages 40 - 85 can apply (depending on Province of residence)
    • Terminal Illness' Benefit - Living Benefit Advance
    • Archived Vital Information - important if traveling - provides necessary information for your family

    PLUS - Additional Benefits include:

    • Accidental Death & Dismemberment
    • Spousal Occupational Training
    • Home & Vehicle Modification
    • Special Education
    • Bereavement Counselling
    • In-Hospital Confinement
    • Day Care
    • Family Transportation
    • Seat Belt
    • Identification Card
    • Critical Illness
    • Rehabilitation

    FUNERAL/CREMATION PLAN: GUARANTEED ISSUE

    Our exclusive

    Guaranteed Issue

    plans are similar to the ones "advertised on TV!"

    However, we provide lower pricing, and many additional benefits.

    There are no medical exams or tests of any kind, and no doctor's visits!

    It's that simple! We are here for you!

    Guaranteed Issue Plans Include:

    • Immediate Coverage and Graded Benefits - guaranteed for life!
    • Benefits are Tax-Free
    • Level premiums - benefits will not end because of age
    • Protection amounts from $1,000 to $25,000 (depending on the Province of residence)
    • Double Indemnity
    • Your benefits can never be cancelled
    • Ages 40 - 85 can apply (depending on Province of residence)
    • Terminal Illness Benefit - Living Benefit Advance
    • Archived Vital Information - important if traveling - provides necessary information for your family

    INCLUDES - Additional Benefits such as:

    • Accidental Death & Dismemberment
    • Spousal Occupational Training
    • Home & Vehicle Modification
    • Special Education
    • Bereavement Counselling
    • In-Hospital Confinement
    • Day Care
    • Family Transportation
    • Seat Belt
    • Identification Card
    • Critical Illness
    • Rehabilitation

    FUNERAL/CREMATION PLAN: TIME PAY

    Coast to Coast Provinces Plans are Exclusive

    Our exclusive Time Pay Life Insurance plans are becoming more and more popular every day.  This type of insurance plan is a way of having the best of both worlds with a whole life policy. These plans provide complete flexibility and can be paid in 1, 3, 5,10 or 20 years. The death benefit is guaranteed to stay level or, you have the option of a growth plan. This means that the insurance benefit will increase each and every year - even if you choose to keep it until age 100.

    The death benefit is paid out tax-free, and can be paid in one lump sum. With the tax-free lump sum, you can choose to receive a tax-free monthly income (recovery period) for one or more years.

    Advantages

    You pay for a specified number of years and never have to pay another premium. The policy will remain in force. The death benefit remains level.

    There are a few medical questions and usually there are no tests and no doctor's visits!

    Many of the plans have a

    guaranteed growth

    and your

    coverage

    will

    increase

    each and every year.

    It's that simple! We are here for you!

    Policy Riders

    You may add certain riders to your policy. For example, you can add the waiver of premium rider. If you should become disabled the insurance company willwaive your premiums for as long as you are disabled. You must be disabled for at least six (6) months to qualify for payment with most insurance companies. If and when you return to work - the premium payments would begin again.

    Time Pay Plans include:

    • Immediate Benefits and may have Graded Benefits - guaranteed for life.
    • Benefits are Tax-Free
    • Level premiums - Benefits will not end because of age
    • Protection amounts from $1,000 to $25,000 (depending on your Province of residence)
    • Can include Double Indemnity
    • Can not be cancelled
    • Available to Age 85 (depending on Province of residence)
    • Terminal Illness - Living Benefit Advance
    • Archived Vital Information - for your family
    • Cash values, which accumulate and have Loan Provisions
    • Many of the plans have a guaranteed growth and your coverage will increase each and every year
    • Some of the time pay plans can accrue dividends. Dividends are not guaranteed and depend on the performance of the life insurance company
    • Some time pay plans have a waiver of premium rider and an accidental death benefit rider which can be added to your Time Pay policy

    INCLUDES - Additional Benefits such as:

    • Accidental Death & Dismemberment
    • Spousal Occupational Training
    • Home & Vehicle Modification
    • Special Education
    • Bereavement Counselling
    • In-Hospital Confinement
    • Day Care
    • Family Transportation
    • Seat Belt
    • Identification Card
    • Critical Illness
    • Rehabilitation

    Coast to Coast Provinces Plan and our Benefit Providers
    are Federally Registered and Provincially Licensed

The information in this article was current at 06 Dec 2011

Keywords: Insurance Plans, Life Insurance, Medical Exams

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