Final Expense Life Insurance
Protect your loved ones from the burden of end-of-life costs
Final expense life insurance provides an affordable way to ensure your family is not left with the financial burden of funeral costs, medical bills, and other final expenses. With no medical exams and premiums that never increase, it's designed to give you and your family lasting peace of mind.
Key Benefits
No Medical Exam Required
Apply without the hassle of a medical exam. Most policies require only a simple health questionnaire, and guaranteed acceptance options are available for all ages.
Premiums Never Increase
Lock in your rate when you apply. Your monthly premium stays the same for the life of your policy, no matter what happens with your health.
Affordable Monthly Payments
Coverage starts as low as a few dollars a day. Choose a benefit amount between $5,000 and $35,000 that fits your budget and your family's needs.
Benefits Paid to Your Family
Your beneficiaries receive the full death benefit tax-free, typically within days. Funds can be used for any purpose — funeral costs, bills, or everyday expenses.
Lifetime Coverage Guaranteed
Your whole life policy provides permanent coverage that never expires as long as premiums are paid. This is not term insurance — your family is protected for life.
Cash Value Accumulation
Your policy builds cash value over time that you can borrow against if needed. This living benefit adds another layer of financial flexibility to your coverage.
How It Works
Enter Your Zip Code
Tell us where you live so we can find plans available in your area.
Compare Plans
Review coverage options side by side and see what fits your needs and budget.
Enroll with an Expert
A licensed agent guides you through enrollment at no cost to you.
Frequently Asked Questions
Final expense life insurance, also known as burial insurance or funeral insurance, is a type of whole life insurance designed to cover end-of-life costs such as funeral and burial expenses, medical bills, and other outstanding debts. Policies typically range from $5,000 to $35,000 in coverage and feature affordable monthly premiums that never increase.
Most final expense life insurance policies do not require a medical exam. Instead, you answer a series of health questions on a simplified application. Some plans offer guaranteed acceptance with no health questions at all, though these policies may have a graded benefit period during the first two to three years. A licensed agent can help you find the best option based on your health history.
Monthly premiums for final expense insurance depend on your age, gender, health, tobacco use, and the amount of coverage you choose. For example, a healthy 65-year-old might pay between $30 and $70 per month for $10,000 to $15,000 in coverage. Premiums are locked in at the time of purchase and will never increase for the life of the policy.
Final expense insurance is a type of whole life insurance that provides permanent coverage and builds cash value over time, with premiums that never increase. Term life insurance provides coverage for a set period (such as 10, 20, or 30 years) and is generally used for larger coverage amounts. Final expense is specifically designed for smaller coverage amounts to handle end-of-life costs.
Most final expense insurance claims are paid within a few days to a couple of weeks after the insurance company receives the required documentation. Beneficiaries receive the full face value of the policy tax-free and can use the funds for any purpose, including funeral costs, outstanding debts, or day-to-day living expenses.
With guaranteed issue policies, you cannot be turned down regardless of your health. However, these policies may have a graded benefit period where full benefits are not available in the first two to three years. Simplified issue policies require answering health questions and may decline coverage for certain conditions, but they offer full benefits from day one if you are approved.
Plan Select is a marketing organization that connects consumers with licensed insurance agents. Plan Select is not an insurance company and does not sell insurance directly. Plan availability varies by location.