Why Final Expense?
Unlike term life insurance which expires, final expense is whole life insurance. It is built to last as long as you do, providing a cash payout for funeral services, medical bills, or leaving a small legacy.
Flexible Plans for Every Budget
We compare multiple top-rated carriers to find a plan that fits your budget. Whether you need enough for cremation or a traditional burial service, we’ll outline the tradeoffs clearly.
What's Included
- Level Benefit: Immediate full coverage for many healthy applicants.
- Graded Benefit: Acceptance options for more complex health histories.
- Memorial Benefit: Smaller policies for simple needs.
Key Benefits
Everything you need to know about how this plan protects you.
Level Premiums
Many plans offer level premiums that stay consistent as long as you keep paying.
Tax-Free Payout
Benefits are generally paid to beneficiaries tax-free; timing varies by carrier.
Cash Value
As a whole life policy, it builds small cash value over time that you can borrow against.
Simple steps to secure coverage
Calculate Your Need
Use our calculator to estimate funeral costs in your state.
Compare Rates
See quotes from multiple carriers side-by-side.
Get Approved
Complete a short application over the phone.
No Doctors, Just Answers
Many plans use simplified underwriting and can be completed over the phone or online.
- Answer a few health questions
- Prescription history review (if applicable)
- Quick decisions in many cases
The cost of waiting
Funeral costs have risen in many regions. Without a plan, families often rely on savings or short-term financing. A modest policy can help cover final expenses and reduce stress for those you love.
Trusted by families like yours
Frequently Asked Questions
Common questions about this coverage option.
Is there a waiting period?
Many applicants qualify for immediate coverage. Some plans use graded benefits (often around two years) based on health history, and we’ll explain the options up front.
Can I be turned down?
Approval depends on age and health. If traditional plans aren’t a fit, guaranteed issue options may be available, typically with lower limits and graded benefits.
Does the policy cover cremation?
Yes. The beneficiary receives cash. They can use it for cremation, burial, travel, or even unpaid bills. You are in control.
Will my rates go up when I turn 80?
Most final expense policies are level-premium whole life, so rates typically stay the same as long as premiums are paid.
How fast does it pay out?
Many carriers pay claims within days after receiving required documents; timing varies by carrier.
Do I need a medical exam?
Many plans are no-exam and use health questions instead of lab work.
Can I buy this for my parents?
Yes, provided you have their consent and they can answer the health questions (or sign the app).
What is the maximum coverage?
Limits vary by carrier, often in the $5k–$50k range. If you need more, we can compare other products.
Secure Your Rate Today
Complete the quote form above.
Review options from top-rated national carriers.
E-sign your application and get protected.
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Get your free, no-obligation quote today.
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Burial Cost Estimator
Estimate funeral and burial costs using service type, local pricing, and optional extras, then route directly to final expense coverage options for families.
Try the ToolReviewed by
Alex Morgan | Licensed Life Insurance Specialist
Alex has helped over 1,500 families secure final expense coverage.
Last reviewed: 2026-01-07
Licensing & Disclosures
CoverMeOnline connects you with top-rated insurance carriers. We are not a carrier.
Not available in NY. Rates subject to underwriting. Not all applicants will qualify for the lowest advertised rates.
Not available in NY. Rates subject to underwriting. Not all applicants will qualify for the lowest advertised rates.
Information only. This is not financial, legal, or tax advice.