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Final expense insurance
A smaller whole life policy that covers funeral costs, medical bills, and other final expenses, so your family isn't left with the bill.
How final expense works
Final expense policies are a type of whole life insurance with smaller coverage amounts, typically from about $5,000 to $50,000. Approval is based on a few health questions instead of a medical exam.
If you have serious health conditions, guaranteed-issue policies are available. They accept everyone in the eligible age range but usually include a waiting period, often two years, before the full benefit is paid for a non-accidental death.
- Coverage amount
- About $5,000 to $50,000
- Typical ages
- About 50 to 85
- Medical exam
- No
- Premiums
- Fixed for life
Is final expense right for you?
A good fit if you
- Are over 50 and want simple, lasting coverage
- Don't want your family paying for your funeral
- Have health issues that make other coverage hard to get
- Want a policy that never expires
Keep in mind
- It costs more per dollar of coverage than larger policies
- Guaranteed-issue policies have a waiting period
- Coverage amounts are meant for final costs, not income replacement
Final expense questions
Don't see yours? Ask us directly.
How much coverage do I need?
Enough to cover a funeral or cremation, any outstanding medical bills, and small debts. Funerals commonly cost several thousand dollars to well over ten thousand, so we help you estimate based on your wishes.
Can I qualify with health problems?
Usually, yes. Simplified-issue policies ask a few health questions, and guaranteed-issue policies ask none. We match you with the carrier most likely to give you full coverage from day one.
How quickly is the benefit paid?
Once the insurer receives the death certificate and claim forms, claims are often paid within a few weeks.
Will my premium ever go up?
No. Final expense premiums are locked in for the life of the policy.
Compare final expense quotes from multiple insurers
A short call with a licensed agent is all it takes to see your options.