Get Peace of Mind
with Final Expense
Final Expense Insurance is designed to cover end-of-life costs. Ensure your family is protected from the burden of funeral services and medical bills.
Cover Your Final Costs
Final expense insurance is a type of whole life insurance designed to cover end-of-life costs, such as funeral services, burial, cremation, and related expenses like medical bills or legal fees.
The benefit is paid to your beneficiary, who can use it for any purpose, though it’s intended to help with these specific final expenses.
Policy Highlights
Why Final Expense insurance is a thoughtful choice.
Affordable Coverage
These policies provide a smaller, fixed death benefit, usually between $2,000 and $40,000, resulting in significantly lower monthly premiums that fit most budgets.
Prices Are Set
The premium amount is locked in at the start of the policy and remains the same for the life of the policy. You never have to worry about rate increases as you age.
Cash Value
Includes a guaranteed cash value that grows over time. A portion of each premium contributes to the cash value, which grows at a guaranteed rate, adding an extra layer of security.
Final Expense vs. Term Life
Compare the benefits. Final Expense offers lifelong protection and cash value, features typically not found in standard Term Life policies.
Comparison
| Feature | Term Life | Whole Life |
|---|---|---|
| Guaranteed Payout | Yes | Yes |
| Lifelong Protection | No (Fixed Term) | Yes |
| Accumulates Cash Value | No | Yes |
| Dividends | No | Yes |
| Fixed Premiums | No (Increases after term) | Yes |