Final Expense Insurance
Help Your Family Cover What Comes After
Funeral costs and end-of-life expenses can create unexpected stress for the people you care about most.
Final expense insurance is a simple, affordable life insurance policy designed to help cover
funeral services, medical bills & other immediate costs—so your loved ones can focus on what matters, not financial strain.
This policy is specifically designed to cover funeral costs, burial, medical bills & related final expenses.
It’s often easier to qualify for than traditional life insurance, even with health concerns.
Fixed premiums & smaller benefit amounts make it a budget-friendly way to plan ahead.
It provides peace of mind for you—and a financial cushion for your family when they need it most.
What Is Final Expense Insurance?
Final expense insurance—also called
burial insurance or funeral insurance—is a
whole life policy with a smaller death benefit, typically between $5,000 and $25,000. It’s intended to help your loved ones
pay for immediate expenses after your passing, such as funeral services, cremation, outstanding medical bills, and legal fees.
Unlike some traditional life insurance policies, final expense plans are designed for accessibility. They usually don’t require a medical exam, and approval can often happen quickly—even for applicants with pre-existing conditions.
This coverage stays in place for life (as long as premiums are paid), offering
long-term security and
a straightforward payout when it’s needed most.
$7,800
The average funeral in the U.S. costs over $7,800
Source: National Funeral Directors Association
#1
Medical bills are the #1 cause of debt left behind after death
Source: Consumer Financial Protection Bureau
50–85
Final expense insurance is available to most applicants ages 50–85
Source: Life Insurance Market Research Association
Frequently Asked Questions
Your Questions About Final Expense Insurance
Here’s what to know about this practical, compassionate coverage:
What does final expense insurance cover?
It covers funeral expenses, burial or cremation costs, unpaid medical bills, and small debts. It’s not meant to replace income but to provide enough to settle immediate costs—so your loved ones don’t have to take on debt during an already difficult time.
How is this different from other life insurance?
Final expense policies offer smaller benefit amounts, typically between $5,000 and $25,000, and are much easier to qualify for. They’re often permanent (whole life) policies, meaning they don’t expire as long as you continue paying premiums.
Do I need a medical exam to qualify
Not usually. Many final expense policies offer guaranteed or simplified issue, which means no exam is required—just basic health questions. This makes it ideal for older adults or anyone with past health issues.
Who receives the payout?
You’ll name a beneficiary—usually a family member—who receives the lump-sum payment. They can use the funds for any purpose, though they’re commonly used for funeral arrangements, medical bills, and unpaid debts.
Is final expense insurance worth it?
If you want to make sure your loved ones won’t be burdened by your final costs, it’s a smart and affordable option. It provides financial peace of mind and helps your family move forward without added stress.
