Everything You Need to Know About Final Expense (Burial) Insurance

Introduction

The average funeral in the U.S. costs between $7,000 and $12,000. For many families, this is a sudden financial burden that is hard to manage. Final Expense insurance—often called “Burial Insurance”—is designed specifically to cover these end-of-life costs.

1. Why is it different from “Regular” Life Insurance?

Unlike traditional life insurance, Final Expense policies usually have:

• Lower Face Amounts: Typically between $5,000 and $25,000.
• No Medical Exams: Most policies only require you to answer a few health questions.
• Fixed Premiums: Your monthly price will never go up as you get older.

2. Can you get coverage with health issues?

Yes. Many Final Expense plans are “Simplified Issue” or “Guaranteed Issue,” meaning even if you have had a heart attack, stroke, or diabetes, you can still qualify for a plan to protect your loved ones.

3. What can the money be used for?

While it’s called burial insurance, the beneficiary can use the cash for anything:

• Funeral and cremation costs.
• Outstanding medical bills.
• Credit card debt or small loans.

Conclusion

Don’t leave your children with a bill they can’t afford. A small monthly investment today can provide peace of mind for your entire family tomorrow.