Final Expense Insurance
A small whole life policy, usually $5,000 to $25,000, built to cover a funeral, cremation, and the bills that come with them.
Who it fits
- Ages 50 to 85
- You want family to have cash within days, not months
- You have health conditions and were turned down before
- You want a payment that stays the same for life
What to know
- Coverage amounts
- $5,000 to $25,000, higher with some carriers
- Medical exam
- None. A few health questions on the phone.
- Premiums
- Locked in. They never increase.
- Coverage length
- Lifetime, as long as premiums are paid.
- Payout
- Tax-free lump sum to the beneficiary you name.
- Approval
- Usually during the same call.
How we help
- 01
We ask a handful of health questions and match you to the carrier most likely to approve you at the best rate.
- 02
You hear three coverage amounts with the exact monthly payment for each. You pick.
- 03
The application is completed over the phone. Underwriting usually answers within minutes.
Final expense questions
What does a funeral cost?
A traditional funeral with burial runs $10,000 to $15,000 in most of the country. Cremation with a service is typically $5,000 to $10,000.
Is there a waiting period?
Depends on your health. If you qualify for a level plan, full coverage starts day one. Graded and guaranteed issue plans pay a return of premium plus interest for the first two years, then the full benefit. We tell you which one you qualify for before you decide.
Can I be turned down?
Some health conditions do not qualify for a level plan. In that case we look at graded or guaranteed issue options, which accept most applicants within the age range.
Also in Life Insurance
Get a final expense quote
A licensed agent calls you back, Mon to Fri, 8am to 6pm PT.
Want it handled today?
Most life applications are approved on the first call.