Final Expense

Final expense insurance (or burial insurance) is whole life coverage for end-of-life costs (funerals, medical bills), offering fixed premiums, fast approval (no exam usually), and tax-free cash for beneficiaries, making it ideal for seniors or those with health issues who need affordable, guaranteed coverage to protect loved ones from debt, with whole life being better than term for longevity. 

What Final Expense Insurance Covers

• Funeral Costs: Caskets, plots, services, transportation, headstones.

• End-of-Life Expenses: Medical bills, outstanding debts.

• Benefit: Pays tax-free cash directly to your beneficiaries. 

Key Benefits

• No Medical Exam: Simplified underwriting with health questions only, making it accessible.

• Fixed Premiums: Rates never increase.

• Whole Life: Lasts your entire life, unlike term policies that expire.

• Affordable: Low monthly costs, often $20-$50/month.

• Peace of Mind: Ensures loved ones aren't burdened financially during grief. 

Who It's For

• Seniors or older individuals.

• People with pre-existing health conditions.

• Anyone wanting to plan ahead for funeral costs.