FAQs

Frequently Asked Insurance Questions

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 give us a call and we will be happy to discuss your inquiry.

Are the financial benefits in my Canada Purple Shield Plan taxable?   

No. When a plan is sponsored by a funeral home, all the money grows with tax-free interest and is also payable to your family tax-free as well.

Do I ever need a medical to qualify for a plan?   

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.

What happens if I move?   

Our plans are transferable penalty-free, even from province to province.

What happens if I go into a nursing home?   

The money in your plan is sheltered and cannot be touched by anyone but yourself. This includes nursing homes, income tax, lawyers, and estate costs.

Can I shelter extra money in my Canada Purple Shield Plan?   

Yes. Many people put extra money aside in their plan to help out with extra costs that may occur such as: flowers, luncheons, cemetery expenses, donations, traveling expenses, and other things. Some people choose to put extra money aside just so that their family has immediate financial help. However, because of the attractiveness, there are limits on how much money a person can shelter in a single plan.

Is my money protected for as long as I live?   

Yes. All of our plans are backed by a company called Assuris, and are protected for your security.

What happens when I pass away?   

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 Canada Purple Shield Plan in place.

Can I pay for my monument or marker with a Purple Shield Plan?   

Yes. Canada Purple Shield works closely with monument companies throughout Canada. You can lock in the cost of your monument at today's prices through a Canada Purple Shield Plan.

What is the best way to record my wishes?   

When you set up a Purple Shield Plan, we also give you a Wishes and Memories Planning Guide free of charge.

How can I start a plan?   

The easiest way is to sit down with one of our many qualified pre-planning consultants for a free informational meeting. They can show you all the benefits in great detail, and help you choose the plan that's right for you and your family.

To set up a free consultation, all you have to do is call us at 1-800-661-8959. Get in touch to inquire about receiving a free information package!

Canada Purple Shield | 1-800-661-8959