Up To $40,000 Benefit*

Low Premiums and affordable coverage

Guaranteed Coverage with no medical exams

Protect Your Loved Ones With A Final Expense Life Insurance Policy

Are you looking for guaranteed coverage with no medical exams required

Are you looking to not leave behind any debts

Are you 60 years or older?

What is Final Expense Funeral Insurance?

Final Expense burial insurance, also known as burial insurance or funeral insurance, is a type of whole life insurance policy designed to cover the costs associated with a person's funeral and burial. Here's a detailed explanation:

Key Features

Purpose: The primary aim of Final Expense insurance is to provide funds to cover funeral and burial expenses, thereby alleviating the financial burden on the policyholder's family.
Coverage Amounts: These policies typically offer smaller coverage amounts compared to standard life insurance policies, ranging from $5,000 to $40,000, depending on the insurer and the policyholder's needs.
Premiums: Premiums for Final Expense insurance are generally fixed and can be paid on a monthly or annual basis. The cost of premiums is influenced by the policyholder's age, health, and the amount of coverage selected.
Eligibility: These policies are often easier to qualify for than traditional life insurance. Many insurers offer simplified underwriting, which means applicants might not need to undergo a medical exam. Instead, they may only need to answer a few health-related questions.
Beneficiaries: The death benefit is paid out to the policy's designated beneficiary, who can use the funds to cover funeral costs, medical bills, or any other expenses they deem necessary.

Is there a difference between Burial insurance and Final expense insurance?

No, there isn't much difference between the two terms and they are often used interchangeably.

They both provide broad coverage that can be used for any end-of-life expenses, including medical bills, credit card debt, and other outstanding obligations.

Overall Benefits

Peace of Mind: Policyholders gain peace of mind knowing that their funeral expenses won't impose a financial strain on their loved ones.
Fixed Premiums: The premiums remain constant throughout the policyholder's life, making it easier to budget for the expense.
Quick Payout: The death benefit is typically paid out quickly, providing funds when they are most needed.
No Restrictions on Use: Although intended for funeral expenses, beneficiaries can use the death benefit for any purpose.

Conclusion

Final Expense burial insurance is a practical option for individuals seeking to ensure that their funeral and burial costs are covered without leaving their families with a financial burden. It offers a straightforward and accessible means of providing financial security and peace of mind regarding end-of-life expenses.