The passing of a loved one is a difficult time that can unfortunately be made more difficult by expenses that surviving family members often don’t anticipate or don’t realize they must have money for up-front.

“You don’t realize the kind of money you have to have when someone passes away – to pay lawyers, the funeral home, funeral expenses, probating the will, the government, and whatever investments you have to pay taxes on,” says Stella Rupert, a Sudbury-area pharmacist.
Rupert’s husband Paul, also a pharmacist and OPA member, had taken out a life insurance policy through the Association’s plan in 1978. When he passed away in 2010, Rupert called OPA and the insurance department liaised with the insurance company. Rupert says the claims process went smoothly and she was happy with the speed with which the claim was settled.

“You know, once you provide the death certificate and any other paperwork that’s required it was pretty well settled,” she says.

Without OPA coverage, Rupert says she would have had to reach into the family’s investments. She credits her husband’s foresight in taking out the insurance policy and ensuring she had the money she would need for his passing.

Looking back, Rupert says she wishes she’d taken out life insurance with OPA when her husband did. Today, the OPA plan is only available to members 65 or younger, and as a result Rupert no longer qualifies for coverage.

“For this type of insurance now, I’d have to go with a private broker which makes a big difference in what I’d be paying,” she says. “In my opinion the OPA policy was in a good price range, but you have to find what will suit you and your family, and decide what your family will need. In our case it fit the bill. There was value in what we had, certainly value for what we paid.”