What Is Final Expense Insurance?


Final expense insurance—also known as burial insurance—is an easy way to ensure your loved ones are financially protected after you’re gone. Final expense insurance helps cover funeral costs, credit card debt, medical bills and more. Speak to a licensed life insurance agent today at 844-908-9283


Key Takeaways


·      Final expense insurance is a small whole life insurance policy that is easy

to qualify for.

·      The beneficiaries of a final expense life insurance policy can use the

policy’s payout to pay for a funeral service, casket or cremation, medical

bills, nursing home bills, an obituary, flowers, and more.

·        However, the death benefit can be used for any purpose whatsoever.

·        The death benefit is usually somewhere between $2,000 and $100,000.

·        The average cost of a funeral ranges between $7,000 and $12,000.