Return of funeral insurance in Quebec

From the looks of things, the Quebec government plans to reverse a ban on funeral insurance. Not surprisingly, funeral home operators are now worried and wanting to block the legal reversal because their pre-planned funeral arrangements will face stiff competition. For nearly forty years, la Belle Province was the only place in Canada where such insurance was unavailable having been outlawed in the early seventies by a government keen on protecting its populace from being solicited by insurance agents.

The insurance companies should be free to insure anything they want but the funeral homes are being shafted. The banks/insurance companies have an unfair advantage because they print money. Economically, the funeral companies will be competing with the banks which are nothing more than tax-payer subsidized competitors. Soon, the insurance companies will be able to expand their base upon which their devious accounting tricks hide the inflation of the money supply.

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