Skip to content
Speak with a licensed insurance agent
Mon – Fri: 9am – 8pm ET
Ensurem
A 777 Partners Portfolio Company

Final Expense Insurance

Protect Your Family & Final Wishes

3 Ways to Get Final Expense Coverage

1

Fill out a form, and a licensed agent will help you compare plans from multiple carriers.

2

Skip the wait by calling a licensed agent to learn more about your options.

Mon – Fri: 9am – 8pm ET

A final expense insurance policy is an affordable way to provide your family members with up to $50,000 upon the time of your death to help pay for your medical bills, outstanding debt, funeral costs and more.
For example, a $10,000 policy may cost $25 per month.1

Final Expense Insurance Plan Features & Benefits

No Medical Exam
No Medical Exam
No waiting Period
No waiting Period
Rates Never Increase
Rates Never Increase
Tax-Free Payouts
Tax-Free Payouts

Frequently Asked Final Expense Questions

What is Final Expense Insurance?

Final Expense Insurance, or Burial Insurance, is a form of whole life insurance that provides the policyholder a payment after the policyholder dies.

Is a Medical Exam Required to Get Final Expense Insurance?

No. Unlike traditional life insurance policies which require applicants to undergo underwriting before determining eligibility, Final Expense Insurance doesn’t require a medical exam. Instead, you’ll go through “simplified underwriting,” in which you’ll answer some basic questions about your medical history before determining your plan eligibility.

How Can My Final Expense Payout Be Used?

There are no restrictions on how your Final Expense policy payment must be used. While many people purchase policies to help pay the cost of a funeral with a viewing. As stated above, the cost of a funeral with a viewing in 2021 can average $7,848. Funds can also be used to help pay for any outstanding debts or any unforeseen expenses that may arise for your loved ones in your absence.

Who Needs Final Expense Insurance?

The cost of traditional life insurance policies tends to scale with your age and health, which make policies less affordable later in life. A Final Expense Insurance policy may be a good alternative for pre-retirees over the age of 50 who either don’t have life insurance or see the need for additional coverage.

How Does My Policy Build a “Cash Value”?

As you pay your premiums, your policy builds a “cash value,” which you can borrow against and use as a personal loan. You will then repay the loan over time. Any unpaid loans when you die will reduce the amount your beneficiaries receive.

How Much Coverage Do I Need?

Plans can be customized to fit most budgets. They can offer payouts ranging from a few thousand dollars to tens of thousands of dollars. Your monthly plan premium will cost more if you wish to have a larger payout.

Can I Choose Who Gets the Money?

Yes. The final expense insurance policy proceeds are distributed to the person or persons of your choice, called beneficiaries. You can divide up your payment any way you see fit.  You may even name a funeral home as a partial beneficiary to cover your funeral expenses automatically.

Will My Beneficiary Pay Taxes on the Death Benefit?

No. The Final Expense Insurance Plan proceeds are distributed tax-free to your named beneficiary or beneficiaries.

Medicare Help Center

EnsuremTV is where you’ll find the
latest health care and lifestyle tips.
Stream for free from the comfort of
your home or on the go anytime.

Learning Center

Learn about Medicare basics, different plan options, enrollment and more. Discover the information you need to make healthcare decisions with confidence.

See Our Reviews

Enroll Your Way

Shop and enroll on your own time with Emma

Have our virtual assistant, Emma, guide you through the Medicare plan selection and enrollment process.

OR

Shop and enroll over the phone with an agent

Speak with one of our licensed insurance agents who can guide you through the Medicare plan selection and enrollment process.

HIPAA EnsuremVERIED & SECURED EnsuremSSL SECURED Ensurem