- SERVICES AND OPTIONS
- FUNERAL PRODUCTS
Many people are deciding to preplan their funerals. There are many benefits to taking this step including providing you with a peace of mind that things are “taken care of”. Many people also express that making some decisions now (at a much less stressful time) is much better than leaving these decisions for your family to make upon your passing.
Many people ask the question: “if I want to prearrange my funeral, do I need to pay for it now?” The answer to this question is “no”. Preplanning can be as simple as meeting with us and starting a file that contains your information and preferences.
However, many people are electing to pay in advance. At Nairn-Chyz Funeral Home the prepayment method we use is provided by a company named Purple Shield. Purple Shield sells funeral insurance policies that can be purchased to cover the expected costs of your funeral. This policy can be purchased in a lump-sum, or payments can be made towards it. There are many benefits to this type of policy including portability of the policy if you move, tax free growth of the policy, the funds in the policy are sheltered from a means test if your loved one needs to be admitted to a personal care home and much more.
Purple Shield has many other products available including a very affordable policy that can be purchased that will cover any repatriation costs should you die unexpectedly away from home anywhere in the world. This policy will also cover the costs of your travelling companion returning home.
Some funeral homes use a Trust Account system of pre-funding where you purchase your funeral at today’s prices. In this system, the funeral home can retain a portion of the interest accrued on the account in exchange for providing the funeral you have pre-arranged upon your passing.
At Nairn-Chyz Funeral Home, we have exclusively used Purple Shield since opening our funeral home in 1989. The Purple Shield policies have kept up with the cost of inflation in every single prearranged funeral we have arranged since that time. In fact, some families have even found that the interest accrued by these policies added up to be greater than the cost of their loved one’s funeral. Contrary to what happens at funeral homes using Trust Accounts, the family retains these extra funds, and can use the extra funds to put towards other final expenses as they see fit, such as a cemetery memorial.
There are many decisions to be made when preplanning your funeral. We would be happy to meet with you to discuss these options and create a file containing your preferences. Once you have met with us, we can help arrange an appointment with our Purple Shield representative, Lloyd Hudson. He will meet with you and discuss funding options based on a cost estimate that we will provide.
Arrangements can be made in the comfort of your own home by clicking the button below. Fill in as much as you are comfortable with and we'd be pleased to meet with you to discuss further. See the form below for details.
If you prefer, you can contact the Purple Shield office directly at 1-800-661- 8959. You can also visit their website at www.purpleshieldsk.ca to learn more. The “Frequently Asked Questions (FAQs)” section has plenty of good preplanning information.