Final expense coverage is the last gift that you will be able to give your loved ones.

This coverage helps your family cover your end-of-life costs. This includes casket & funeral services, cemetery expenses, monuments or markers, vault fees, any medical bills you may leave behind, and more. Funeral planning is never easy and can leave a heavy burden on our loved ones. Final Expense Insurance is one of the cheapest forms of life insurance available and is a popular form of life insurance among senior citizens. Applicants are not usually undergoing medical exam.

Final expense insurance, also known as burial insurance or funeral insurance, is a type of life insurance designed to help cover the costs associated with a person's death. It's typically a whole life policy with a smaller death benefit than traditional life insurance, making it more affordable and easier to qualify for. The purpose is to ease the financial burden on loved ones during a difficult time by covering expenses like funeral costs, medical bills, and other end-of-life expenses. 

Here's a more detailed look: 

Purpose:
To help cover the financial costs associated with death, including funeral arrangements, medical bills, and other debts. 

Types:
Final expense insurance can be a whole life policy, which offers lifetime coverage and builds cash value, or a term policy, which provides coverage for a specific period. 

Coverage:
The coverage amount is typically lower than traditional life insurance, but can range from $2,000 to $50,000, depending on the policy. 

Affordability:
Final expense insurance is often easier and more affordable to obtain than traditional life insurance, especially for those with health conditions or older individuals. 

Benefits:

It can provide peace of mind for the insured and their loved ones by helping to cover end-of-life costs and avoid the financial strain on the family during a difficult time. 

Flexibility:
The death benefit can be used for a variety of expenses beyond just funeral costs, such as medical bills, debts, or other needs of the beneficiary. 

Underwriting:
Many final expense insurance policies don't require a medical exam, making them accessible to a wider range of people.