Common FAQs
Read through the frequently asked questions below to learn just a little bit more about Canada Purple Shield. If you do not see your question addressed here, be sure to contact us today and we will be happy to discuss your inquiry.
Read through the frequently asked questions below to learn just a little bit more about Canada Purple Shield. If you do not see your question addressed here, be sure to contact us today and we will be happy to discuss your inquiry.
Please think about how much you want to spend on your funeral and the amount you want to leave to pay your other final bills.
The Death Benefit proceeds are received tax free. If a plan is registered as a TFSA (Tax Free Savings Account) or sponsored by a funeral home, all the money grows with tax-free interest.
No. None of our products require that you have a medical exam, and we offer plans that anyone can qualify for regardless of age or health.
Our plans are transferable penalty-free to any province or country.
The money in your plan is protected and cannot be touched by anyone but yourself. This includes nursing homes, income tax, lawyers and estate costs. Furthermore, insurance is not counted as an asset when determining governmental subsidies you may be entitled to.
Your Purple Shield® Plan can be used to pay for a funeral or cremation at the time of need, and to cover any outstanding mortgage loans, credit card or other debts you may leave behind, and donations or immediate financial help to your family.
Yes. For your security, our underwriter, Assurant Life of Canada®, is a member of Assuris, where all of its policy holders are protected for the amount of your coverage. www.assuris.ca
Death benefit proceeds are usually paid immediately. Often times, one simple mention to your local funeral home about your plan will be enough. From here, we take care of all the details and paperwork in conjunction with your local funeral director. We always encourage families to let their funeral home know that they have a Purple Shield® Plan in place.
Yes. Purple Shield® works closely with numerous monuments companies. Your plan can be designed to cover the cost of a monument as well as any other funeral expenses.
When you set up a Purple Shield® Plan, you also receive a Wishes and Memories Planning Guide where all your important information and planning wishes may be recorded. Please fill this out as soon as you can. This is provided free of charge.
Just complete the information form on the right-hand side and we will provide you with an information package tailored to your needs.
Our Travel Plan provides coverage for the return of your body to a funeral home you have selected in your home town.
No. As long as you keep your policy premium up to date.
No, not as long as you have paid your premiums.
Please use the “Contact Us” tab feature of the website with your comments.
We offer a wide variety of funeral insurance and final expense plans. Our products are the result of careful research and years of experience.
