Final expense insurance is a type of whole life insurance designed to cover end-of-life costs such as funeral expenses, medical bills, and outstanding debts. Policies typically range from $5,000 to $50,000 and do not require a medical exam.
Final expense insurance, also known as burial insurance or funeral insurance, is a small whole life insurance policy designed specifically to cover the costs associated with death. These include funeral and burial expenses, outstanding medical bills, credit card debt, and other final obligations.
Unlike traditional life insurance, final expense policies are simple to obtain. Most require only a health questionnaire — no medical exam. Coverage amounts typically range from $5,000 to $50,000, and premiums remain level for life once the policy is issued.
The average funeral in the United States costs between $7,000 and $12,000, making final expense insurance a practical way to ensure your family is not financially burdened.
Compare rates from top final expense insurance carriers.
Burial insurance typically costs between $20 and $150 per month, depending on your age, health, coverage amount, and gender. A healthy 60-year-old can expect to pay around $40-$60 per month for $10,000 in coverage. Read more
Final expense insurance is a type of whole life insurance with smaller coverage amounts ($5,000-$50,000) and simplified underwriting. Traditional whole life offers larger coverage ($100,000+), requires medical exams, and builds more cash value over time. Read more
You can be denied simplified issue final expense insurance if you have serious health conditions like active cancer, recent stroke, or organ failure. However, guaranteed issue policies accept everyone regardless of health — no one can be denied. Read more
Compare rates from top final expense insurance carriers.