Final Expense Insurance is a type of life insurance designed to cover the costs associated with a person’s death, such as funeral, burial, cremation, and other end-of-life expenses. It is sometimes called “burial insurance” or “funeral insurance.”
Final Expense Insurance is a simple, affordable way to plan for end-of-life costs, protecting your family from unexpected financial stress.
Coverage Amount
Typically ranges from $2,000 to $50,000.
Enough to cover funeral costs, medical bills, or small debts.
Simplified Application
Often requires no medical exam.
Approval is usually based on health questionnaires.
Fixed Premiums
Premiums are generally fixed for life, meaning they don’t increase as you get older.
Cash Benefit
Paid directly to the beneficiary, usually in a lump sum.
Can be used for funeral costs, medical bills, or any other expenses.
Age Eligibility
Often available for individuals aged 50–85, depending on the insurer.
Eases Financial Burden: Ensures family members aren’t left paying funeral or burial costs.
Quick Payout: Provides fast cash to cover immediate expenses after death.
Affordable Coverage: Lower premiums make it accessible even for seniors or those with health issues.
Peace of Mind: Guarantees that final wishes and end-of-life costs are taken care of.
