What is Burial Insurance?

Burial Insurance, or Final Expense Insurance is a type of whole life insurance that pays out a predetermined sum upon the policy holders death. It is often for smaller amounts (Up to $30,000 but the average policy is around $10,000). It is typically very easy to receive coverage and premiums can be as low as $30/month. It is a great way to make sure that your family will not be burdened with the expenses of a funeral upon your death.

How much Burial Insurance Coverage do I need?

While it can vary, the average price of a funeral is $10,000. It’s important that your burial insurance policy will cover the final expenses you have planned. To be sure, get a free quote today.

How long will my Final Expense Insurance Policy last?

A Funeral Insurance policy is designed to last until the policy holder passes away. The only way the insurance policy would lapse is if you fail to pay your premiums.

Do I need to get an exam to qualify for Final Expense Insurance?

In most instances, there is no need for an exam. This is why some people refer to Final Expense Insurance as “No Exam Insurance.”

Can you cancel a Funeral Insurance Policy?

Once purchased, the only way to cancel is to stop paying premiums. However, you will not receive any of the money back that you’ve paid into the policy should you cancel and you will also not receive any of the insurance benefits upon the death of the policy holder.

Will My Funeral Insurance Premiums Change?

No, once you’ve been approved for your Funeral Insurance policy, your payments will remain the same for the life of the policy. Your premium will be determined by your age and the amount of the policy. Once you’re locked in, the rates won’t change. View our chart to get an idea of what your premiums may cost.