Coverage / Final expense
Final expense insurance
Smaller, permanent coverage for funeral and end-of-life costs.
Final expense insurance (sometimes called burial insurance) is a smaller whole-life policy designed to cover end-of-life costs — funeral and burial expenses, medical bills, and other final costs — so your family isn't left with the bill during a difficult time. Coverage amounts are typically modest, and the application is usually simple.
Who it's a fit for
- Covering funeral, burial, and final medical costs
- Older adults who want simple, lifelong coverage
- Sparing loved ones a financial burden
- People who don't need a large policy
How it works
- Choose a modest coverage amount aimed at end-of-life costs.
- Applications are typically simple, often with no medical exam.
- Coverage is permanent and premiums are usually level.
- Name the beneficiaries who will receive the benefit.
Good to know
- Coverage amounts are smaller than other types of life insurance.
- Cost per dollar of coverage can be higher than term life.
- Some policies include an initial waiting period before the full benefit applies.
- Approval still depends on your situation and the application.
Final expense — common questions
How much final expense coverage do people get?
It varies, but final expense policies are generally smaller — sized around funeral and end-of-life costs rather than income replacement. A licensed agent can help you choose an amount.
Is a medical exam required?
Often not, but applications include health questions you answer yourself. A no-exam outcome can't be guaranteed for any specific person.
See if final expense fits your situation.
Start a quick quote, or talk with a licensed agent — no obligation.
Seven16 Life provides general information to help you explore life insurance options. This is not financial, legal, or tax advice.
Coverage is subject to eligibility, the application, and underwriting. Not everyone will qualify, and approval is never guaranteed.
Products and availability may vary and may not be offered in all states.
Coverage is provided and underwritten by licensed insurance providers. Seven16 Life may refer or connect you with licensed providers or partners where appropriate.