Prearranged Funeral Plan Sales Company Licence
Apply for a Prearranged Funeral Plan Sales Company Licence. You need the licence if you’re a company that sells pre-arranged funeral plans to the public. Companies include funeral homes and crematoriums.
By law, you must have a Prearranged Funeral Plan Sales Company Licence if you’re a company that sells pre-arranged funeral plans to the public.
Surety bond
You need to have a surety bond in the amount of $5,000 to $20,000 depending on the amount of pre-arranged funeral plans sold.
| Number of plans | Bond amount |
|---|---|
| 1 to 30 plans | $5,000 |
| 31 to 60 plans | $10,000 |
| 61 to 90 plans | $15,000 |
| 91 or more plans | $20,000 |
Eligibility
Your company needs to have a Funeral Home or Crematorium Licence to apply.
How to apply
- Complete the application form.
- Check the application for details on all required supporting documents.
- Include payment with your application.
- Send your completed application, supporting documents and payment by mail or fax.
How long it takes
It should take 2 weeks to get the licence. It can take longer if more information is needed or if your application hasn’t been filled in correctly.
Cost
| Activity | Fee |
|---|---|
| Licence | $66.00 |
Payment options
Visa, MasterCard, American Express, cheque, money order. A cheque or money order should be made payable to the Minister of Finance. Payment options may vary depending on how you apply.
Before you start
Make sure you have:
- Registry of Joint Stock Companies number
- name, address, position, and date of birth for you and any partners and officers
- 3-year employment history for you and any partners and officers
- name and address of the financial institution where your trust account is held
You also need to provide details if you or any partner, officer or director has:
- had a licence refused, suspended or revoked
- been involved in a personal or corporate bankruptcy
- unpaid judgments outstanding
- been convicted of an offence and not been pardoned
You need to provide additional supporting documents including:
- original copy of surety bond
- copy of the pre-paid funeral deposit trust agreement held at a Canadian bank, trust company or credit union where the trust money will be held
- samples of the pre-need or pre-arranged purchase agreements for the sale funeral goods and services
Application form
Renewal
You need to renew your Prearranged Funeral Plan Sales Company Licence by 30 June each year. You should get a renewal notice in the mail before the renewal date. It’s your responsibility to renew on time.