Family Compass Funeral Funding Programs

The products used to fund the Family Compass Program have been developed by Canadian Insurance Companies to focus on the recognition that everyone should be treated as individuals. One plan (product) will not nor does not suit every single need the same way.

For this reason Family Compass is able to offer coverage to those who didn’t feel they could qualify for life insurance.

• Coverage is available up to the age of 90
• Issue amounts from $1,000 to $35,000 with NO waiting period
• No Medicals Required
• Money left over after funeral expenses are paid to the Designated Beneficiary

How are Family Compass Insurance Plans Funded?

Funding for the expense and services selected is done by either a Life Insurance Policy or thru a Guaranteed Investment Certificate. Similar to a Banks Insurance, funds are guaranteed to be available at the time of need and are protected under the rules of CDIC.