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PRE-PAYMENT OPTIONS There are a growing number of options available to the public today when seeking to preplan and prepay their final wishes. We can tailor a plan that's right for you. From single pay plans to automatic monthly bank withdrawals designed to meet anyone's budget concerns, our staff would be pleased to outline the choices available. Contact us for your free Family Reminder Booklet Pre-paying can protect you and your family from future inflationary trends while providing the piece of mind of knowing that they will be cared for after you are gone. Below you will find more detailed explanations of the plans that we have available. If you would like to request an appointment after you have reviewed this information, we would be pleased to have one of our staff go over any additional questions you might have.
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Prearranged Funeral Plans (aka Trust contracts)
Under Manitoba Law
The Public Utility Board of Manitoba currently administrates the Prearranged Funeral Act of Manitoba. This department can be reached at (204) 945-2639
All funeral homes that engage in writing contracts called Prearranged Funeral Plans must follow provincial legislation requiring that certain criteria be met.
These funerals homes must present their contracts for approval, present their retail price lists for acknowledgement, post a surety bond and pay the required licensing fees, and register and deposit their trust funds with a recognized Trust Company or Bank.
"Prearranged Funeral Plan" means an agreement whereby, in consideration of payment therefore in advance, by a lump sum or instalments, a funeral director contracts to provide funeral services for a person alive at the time the agreement is made.
Canadian Legal Information Institute - See complete Funeral Prearrangement Act
Third Party Agreements
Consumers may purchase "funeral or final expense" insurance to pay for their eventual funeral costs. This form of planning is encouraged by many funeral directors today. When a consumer has purchased an insurance or annuity plan from a licensed agent and or company that purchase of insurance written falls under the scope of the Insurance Act in Manitoba.
Funeral directors may choose to give letters of agreement to the consumer stating: that if the proceeds of the insurance policy is assigned to the funeral home upon the owner's death the funeral home can at their option provide guaranteed agreements to the consumer providing for the delivery of "guaranteed goods and services". The consumer should note that although these forms of insurance are transferable, the guaranteed goods and services agreement provided by the funeral director will be subject to the receiving funeral director's acceptance of the same.
