General FAQs

Final expenses insurance is designed to help cover any immediate costs after you pass away, such as a funeral service, burial or cremation, or outstanding bills.

When you pass away, your beneficiaries will receive a lump sum payout that they can put towards your end-of-life expenses. It’s a little like that friend that’s always there even when you didn’t even realize you needed them.

Final expenses insurance works a lot like other insurance policies, but it’s much simpler (if we do say so ourselves).

You’ll pay a monthly or annual premium. That amount will be based on factors such as on your age, gender and smoking status, and the coverage amount you choose.

When the time comes, the beneficiaries you’ve chosen will get a lump sum payout within just a few days of making a claim. They can use that to cover any immediate expenses, such as a funeral service, or outstanding bills.

Final expenses insurance is designed to help cover any immediate expenses after you pass away, such as your funeral or memorial service, burial or cremation costs, or outstanding bills – at the end of the day, it’s up to you and the people you love.

Your beneficiaries will get a lump sum payment, and they can use the money on whatever they need at that difficult time.

Once Canadian residents outside Quebec hit their 20^th birthday, they’re guaranteed acceptance for North Cover Final Expenses Insurance – and it stays that way until age 80.

Burial insurance or funeral insurance are other names for final expenses insurance. As those names suggest, coverage can go towards funeral and burial costs, outstanding bills or other final expenses immediately after someone passes away. In the case of North Cover Final Expenses Insurance, it’s a one-time cash payout up to $25,000.

Life insurance, on the other hand, is designed to replace a person’s lost income after they pass away. That means the coverage amount may be bigger, because it often offers financial support for a longer period.

While life insurance payouts can go towards funeral costs, having final expenses insurance can give you additional peace of mind. The claim payment will come through fast, so your beneficiaries will have money on hand to cover immediate costs.

The monthly or yearly cost of final expenses insurance will depend on the level of coverage you choose, plus other personal factors, such as your age and smoking status. The best way to get an accurate estimate of the cost is to request a quote. Our licensed advisors are ready to talk you through your coverage options, so get in touch.

Nope! North Cover Final Expenses Insurance does not require any medical checks or blood tests when you apply for coverage. As long as you are a Canadian resident outside of Quebec between 20 and 80 years old, you are guaranteed acceptance.

Final expenses insurance is a smart choice for anyone who wants to protect their loved ones financially.

Any Canadian resident between the ages of 20 and 80 residing in Canada (outside of Quebec) is guaranteed acceptance for North Cover Final Expenses Insurance. You can also choose your coverage amount up to $25,000. That way, you know your beneficiaries will have a quick, lump sum payment that they can put towards whatever immediate expenses they need to cover after you pass away, including your funeral costs, last bills, and more.

Let’s talk it over. Get in touch with one of our licensed advisors to discuss your options and request a quote today.

Once you reach big life milestones like buying a home or growing your family, planning for the worst is important (even if it’s not always comfortable). Taking out final expenses insurance is one way to help you protect your loved ones from high funeral costs, and other bills or expenses you may leave behind. The bonus? Planning ahead will take some weight off your shoulders, so you can get back to living in the moment.

Great question! They’re not the same. Both are super helpful, but in different ways.

Final expenses insurance helps your loved ones pay for immediate expenses after you pass away – think funeral costs, plans for your celebration of life, outstanding bills, and more. North Cover Final Expenses Insurance offers up to $25,000 for these kinds of end-of-life expenses.

Life insurance is a little more about the long game. It’s designed to replace lost income (rather than covering immediate final costs), which gives your loved ones more financial security longer term.

Glad you asked. Buying North Cover Final Expenses Insurance coverage is quick and simple. Request a quote or call one of our trusted advisors at 1-844-241-70471-844-241-7047 between 8am and 8pm (ET), Monday to Friday.

North Cover Final Expenses Insurance premiums are based on your age, gender, and smoking status. If you’re a non-smoker, your premiums will be lower.

We love that you’re healthy and hope it stays that way! While we don’t want to be a downer, it’s still important to plan for what happens when you go. Taking out final expenses insurance is a great way to help you protect your loved ones from high funeral costs, and other bills or expenses left behind after you pass away.

Final expenses, including funeral costs, can often be pretty expensive. A burial or cremation, memorial service, bills you’ve left behind, and more can add up fast. Taking out final expenses insurance gives the people you love a financial helping hand at a tough time – plus the means to celebrate your life how you want, if that’s what they choose to do.

How much final expenses insurance coverage you need is totally up to you. Choose a level of North Cover Final Expenses Insurance coverage from $3,000 up to $25,000. The amount you pick will depend on your family’s needs and your final wishes for how the people you love will honour your memory.

We also understand that when things happen by accident, your family may not be prepared financially. That’s why North Cover Final Expenses Insurance also provides a triple payout for accidental death.

At a time when your family needs it most, we aim to provide North Cover Final Expenses Insurance payouts to your family fast and usually paid within 2-5 business days. If you have additional questions, email us at support@northcover.ca or call us at 1-844-203-85231-844-203-8523 between 8am and 8pm (ET) Monday to Friday.

Final expenses insurance premiums are not tax deductible. However, there is generally no tax on benefits (insurance claims payouts) received by you or your beneficiaries in Canada.

Funeral costs and other final expenses, such as administrative fees related to your estate, are also considered personal expenses and are not tax deductible.

The Canada Revenue Agency website provides more details on some of these costs, including tax information. Remember to always seek qualified professional advice about the tax implications of any insurance product, as tax laws may change in the future.

Yes, you can buy final expenses insurance and pay the premiums for your parent(s) – and we bet they’ll appreciate you doing so! You’ll either need to have a Power of Attorney (POA) or ensure your parents are taken through the sales process to answer any necessary questions and provide written consent. Keep in mind that unless you have a POA, your parent(s) will be the policyholder(s) and will have complete control over the policy.

Canadian residents outside Quebec between 20 and 80 are guaranteed acceptance for North Cover Final Expenses Insurance. Applying is easy, with no blood tests or medicals! Get in touch and speak to one of our licensed advisors to discuss your options and request a quick quote.

Final expenses insurance premiums can be cost effective for many people. North Cover Final Expenses Insurance premiums are based on your age, gender, smoking status, and the level of coverage you want.

The amount of final expenses you need will depend on your life and circumstances. This is why North Cover allows you to choose your coverage amount and tailor it to your personal needs.

Life insurance and final expenses insurance are two separate products, designed for different purposes. Find out more about life insurance.