Affordable whole life insurance to cover funeral and burial costs. Compare top carriers and average costs for Texas residents.
Final expense insurance is a type of whole life insurance designed to cover end-of-life costs including funeral expenses, medical bills, and other outstanding debts. Policies typically range from $5,000 to $50,000 in coverage.
The Texas Department of Insurance regulates the nation's second-largest insurance market. Texas has a 10-day free-look period and no state income tax, making life insurance attractive for financial planning.
Texas has a population of 30.5 million with a median age of 35. Final Expense insurance is designed for seniors aged 50-85, with coverage typically ranging from $5,000 - $50,000.
Compare rates from top final expense insurance carriers.
The table below shows estimated monthly premiums for final expense insurance in Texas. Actual rates vary based on age, health, and coverage amount.
| Coverage Amount | Est. Monthly Premium |
|---|---|
| $5,000 | From $27/mo |
| $10,000 | From $43/mo |
| $15,000 | From $60/mo |
| $25,000 | From $91/mo |
* Rates are estimates for a healthy individual. Your actual rate may vary.
These are among the most popular and highly-rated carriers offering final expense insurance to Texas residents:
Working with an independent agent like CoverMeOnline gives you access to quotes from multiple carriers so you can find the best rate.
Compare rates from top final expense insurance carriers.
Texas has very competitive life insurance rates due to the large market and many carriers. Final expense policies start around $27/month and term life rates are among the most affordable.
Texas has no state income tax, and life insurance death benefits are generally federal income tax-free, making it an excellent wealth protection and transfer tool.
The TDI regulates the state's insurance market, licenses companies and agents, reviews rates and policies, investigates complaints, and protects consumers.