When you pay for your pre-arrangement, the money is paid to Assurant Life of Canada. They hold your money until a death occurs. Only then, by providing proof of death will those funds be released to Trinity Funeral Home.
Every life insurance company authorized to sell in Canada is required, by the federal, provincial and territorial regulators, to become members of Assuris. Members cannot terminate their membership as long as they are licensed to write business in Canada or have any in force business in Canada.
Members are regulated in Canada, for both financial soundness and market conduct, by the federal and provincial regulators. For more information on regulation of companies click here