What is Final Expense Insurance?

Final expense insurance, also known as burial insurance, is a type of life insurance that is specifically designed to cover outstanding expenses and funeral costs after a loved one passes away. Unlike pre-paid funeral plans, final expense insurance can be used by the beneficiary you designate as and where needed rather than being limited to specific funeral services and providers. With the cost of an average funeral running into the thousands, a final expense policy can provide much needed protection from not only burial expenses, but also any remaining medical costs, potential legal costs as well as other outlays.

Final expense policies will have a lower face value than most traditional term or whole life policies as they are intended for a specific purpose of covering those final costs rather than providing comprehensive support for surviving family members. These types of policies generally don’t require a medical exam, but premiums will be higher the older you are, and some benefit payouts may be limited during the first few years of coverage for those with significant health issues.

Life insurance helps you take the burden off your loved ones.

Life insurance doesn’t have to be complicated. For this reason, having a simple and guaranteed life insurance policy helps you to cover funeral expenses and fees that never increase. Peace of mind has never been easier…or affordable.

Choose your coverage:

  • No medical exam
  • Simply application
  • No waiting period