Final Expense Insurance
Final Expense Insurance
A foundation for financial protection
Final expense insurance is an insurance policy used to pay for burial expenses and funeral services when the named insured dies. Such a policy helps ease the financial burden placed on a family when a loved one dies.
However, you can usually get a policy with a death benefit value as low as $5,000 (best for basic funeral expenses) and as high as $50,000. In 2012, the average funeral exceeded $8,000.