Final Expense Insurance:
Simple, Affordable End-of-Life Coverage
Final expense insurance—also known as burial or funeral insurance—is designed to cover the costs associated with end-of-life expenses, helping ease the financial burden on your loved ones during a difficult time. With simplified underwriting and smaller benefit amounts, it’s an accessible and affordable option for many.
​
Benefits of Final Expense Insurance
1. Covers Key End-of-Life Costs
-
Final expense insurance helps pay for funeral expenses, burial or cremation, medical bills, and other outstanding debts, so your family doesn’t have to.
​
2. No Medical Exam Required
-
Most policies are issued based on answers to a few health questions—no physical exam is needed, making it ideal for older individuals or those with health concerns.
​
3. Affordable Premiums
-
Because benefit amounts are smaller—typically ranging from $2,000 to $50,000—monthly premiums are generally lower and more manageable on a fixed income.
​
4. Quick and Easy Application
-
Final expense policies often have a simple application process and fast approval, so you can get covered quickly and with less hassle.
​
5. Permanent Coverage
-
As long as premiums are paid, final expense insurance provides lifetime protection, ensuring your family receives the support they need when the time comes.
​
6. Helps Protect Your Legacy
-
By covering your end-of-life costs, final expense insurance ensures that your family keeps more of their savings and inherits more of your estate.
​
Types of Final Expense Insurance
​
While all final expense policies aim to cover funeral and related costs, there are two primary types to consider based on health and timing:
​
1. Level Benefit Final Expense
-
Offers full death benefit from day one of the policy.
-
Best suited for individuals in relatively good health.
​
2. Graded Benefit Final Expense
-
Has a waiting period (typically 2–3 years) before the full death benefit is available. If the insured passes away during this time, beneficiaries may receive a return of premiums paid, plus interest.
-
Designed for those with moderate or serious health conditions.
​
Optional Riders and Add-Ons:
-
Accidental death benefit
-
Child or grandchild rider
-
Accelerated death benefit (for terminal illness)
Is Final Expense Insurance Right for You?
If you're looking for a simple, reliable way to relieve your family of financial burdens during a time of loss, final expense insurance may be the right solution. It’s an especially helpful tool for seniors, retirees, and anyone wanting to plan ahead with dignity and care.
​
Plan today for peace of mind tomorrow.
​​
Need help finding the right policy?
Get a FREE Instant Quote online through our partner, Ethos or Contact us by phone at 816-583-0040 —we’re here to guide you every step of the way.
​