Final Expense Insurance

Have peace of mind knowing your final expenses will be covered.
Many people are surprised to learn that Medicare does not cover funeral expenses. It only covers medically necessary services related to illness or injury — not costs associated with end-of-life arrangements. That’s where Final Expense Insurance comes in. Also known as burial insurance or funeral insurance, this affordable coverage helps ensure funds are available when your loved ones need them most. Policies typically provide benefits ranging from $5,000 to $20,000 or more.

What does Final Expense Insurance cover?
Funerals can be costly — with average expenses running between $7,000 and $12,000. Final expense insurance, a type of permanent life insurance, is designed to help cover these costs. These policies generally:

Do not expire (as long as premiums are paid)
Have fixed premiums
Require no medical exam (though some health questions may be asked)
May build cash value that can be borrowed against

Coverage is often used for:

Funeral & burial or cremation costs
Outstanding medical bills or debts
Probate or legal fees
Other final expenses

Common funeral-related costs can include:

Embalming
Cremation
Casket or burial vault
Transportation of remains
Hearse services
Burial plot or crypt fees
Minister or officiant fees

Why consider Final Expense Insurance?
Even if you have savings or other life insurance, final expense coverage offers a unique benefit: timing. Funeral expenses begin immediately after a passing, while traditional life insurance payouts can take weeks or months to process. Final expense policies are specifically intended to help cover these upfront costs, providing fast, accessible funds when families need them most.

Additionally, many people purchase these policies as they age out of larger life insurance needs (such as covering a mortgage or children’s education) but still want to leave loved ones with enough to handle final expenses.

Interested in exploring your options?

If you’d like to see how Final Expense Insurance can fit into your financial planning, contact us today — we’ll help you review policies and find the right solution for you and your family.

< Back