Find answers to the most common questions about final expense insurance, costs, and the application process.
Final expense insurance is a type of whole life insurance designed to cover end-of-life costs such as funeral expenses, burial costs, and outstanding debts. Coverage amounts typically range from $5,000 to $40,000, and premiums remain fixed for life.
No medical exam is required. Most final expense policies use a simplified health questionnaire instead. Even seniors with pre-existing conditions may qualify, though the specific plan and rate may vary.
Most final expense insurance carriers accept applicants between the ages of 50 and 85. Some carriers extend eligibility to age 89. Contact us to find the best option for your specific age and health situation.
Costs vary based on age, gender, health, and coverage amount. Many seniors qualify for coverage starting from as little as $1 per day ($30/month). The best way to get your exact rate is to call us at (877) 380-9957 or submit our quick quote form.
Yes. Many final expense policies are designed to accept seniors with common health conditions such as diabetes, heart disease, COPD, or high blood pressure. In some cases, a graded benefit policy (with a 2-year waiting period) may apply.
The application process typically takes 15–30 minutes over the phone. Once approved, your coverage begins immediately (or within a short waiting period depending on the policy). Many clients receive their policy documents within a few business days.
No. Final expense insurance is a whole life policy, which means your premiums are locked in at the rate set when you enroll and will never increase — regardless of your age or changes in health.
You designate a beneficiary when you apply. This is typically a family member such as a spouse, child, or sibling. The beneficiary receives the tax-free death benefit and can use it for any purpose, including funeral costs, medical bills, or other expenses.