GFP Guaranteed Funeral Plan is a group insurance product offered by a select group of Funeral Homes that are members of Guaranteed Funeral Deposits of Canada Fraternal.

With GFP Guaranteed Funeral Plan, when you pay for your funeral in a lump sum, you qualify for a discount based on your age at the time of purchase. If you pay in a lump sum your funeral is fully and immediately covered. You can also pay in installments over the course of several years. During the first two years your death benefit will be what you paid so far with 10 % interest. After two years, the death benefit is the full funeral amount.

When you purchase a GFP plan, you are eligible to enroll in the World Wide Travel Plan™. Your WWTP is effective immediately even if you are paying your funeral in installments. If death should occur while out of the country or just 100 kilometers or more out of town (60 Miles) the plan covers all the expenses to transport the deceased to the funeral establishment where the arrangements are made. If the Participant is traveling alone, transportation and reasonable travel expenses for the next of kin to go to the location of death and accompany the deceased back home.

The following is a summary of benefits of GFP:

• Discount based on your age
• Health questions
• Funding flexibility
• Pay over the course of 1, 3, 5 or 10 years
• Pay monthly, quarterly, semi-annually, annually
• Pay by post-dated cheques, PAC (pre-authorized cheque), or Visa and Mastercard (option only for 3, 5, 10 years pay plan)
• Tax-free benefits
• World Wide Assistance Travel Plan
  
• Joint coverage option
• Plan can be cancelled within the first 30 days
• Plan is portable should you move