Final Expense Insurance
Affordable coverage designed specifically to cover funeral, burial, and end-of-life expenses. Protect your family from financial burden.
What is Final Expense Insurance?
Final expense insurance (also called burial or funeral insurance) is a small whole life policy designed to cover end-of-life costs. Coverage typically ranges from $5,000-$35,000 to pay for funeral, burial, cremation, and related expenses.
These policies are specifically marketed to seniors (ages 50-85) and often feature simplified underwriting with no medical exam required.
What Does It Cover?
Funeral Costs
- • Funeral home services: $2,000-$5,000
- • Embalming and preparation: $500-$1,200
- • Casket or urn: $1,000-$10,000
- • Viewing and ceremony: $500-$2,000
Burial/Cremation
- • Cemetery plot: $1,000-$4,000
- • Headstone/marker: $1,000-$5,000
- • Burial vault: $1,000-$3,000
- • Cremation: $1,000-$3,000
Additional Expenses
- • Death certificates
- • Flowers and memorial cards
- • Transportation costs
- • Reception/gathering expenses
Medical Bills
- • Unpaid medical bills
- • Hospital costs
- • Outstanding debts
- • Legal and probate fees
Key Features
No Medical Exam
Most policies require only a few health questions. No blood tests, physicals, or doctor visits needed.
Guaranteed Acceptance
Some policies guarantee acceptance regardless of health conditions (ages 50-85). May have 2-year waiting period.
Fixed Premiums
Monthly premiums never increase. Pay the same amount for life.
Quick Payout
Beneficiaries typically receive funds within 24-48 hours to cover immediate expenses.
Average Funeral Costs
The average funeral costs $7,000-$12,000 in the United States. Without insurance, your family would need to pay these costs out-of-pocket, often within days of your passing.
Traditional Burial
$7,000-$12,000
Burial with Vault
$8,000-$15,000
Cremation
$2,000-$5,000
Memorial Service Only
$1,000-$3,000
Who Should Consider Final Expense Insurance?
Seniors (50-85)
Primary target demographic
Health Issues
Can't qualify for traditional life insurance
Limited Budget
Need affordable coverage
No Savings
Don't want to burden family
Advantages
Easy to Qualify
Simplified underwriting, no medical exam
Affordable Premiums
Lower cost than traditional whole life
Quick Payout
Funds available within 1-2 days
Peace of Mind
Family won't be burdened with funeral costs
Average Cost
Final Expense ($10,000 Coverage)
$50-150/month
Varies by age and health
Age 50
$50-70/month
Age 60
$70-100/month
Age 70
$100-140/month
Age 80
$150-200/month
What coverage level do you need?
Choose the protection that matches your requirements