Final expense insurance – also called burial insurance or funeral insurance – is a small whole life policy specifically designed to cover end-of-life costs. With the average funeral in Los Angeles costing $8,000-$15,000, final expense insurance ensures your family isn’t burdened with these costs during an already difficult time.

Coverage ranges from $5,000 to $50,000, premiums are affordable, and many policies require no medical exam.

What Final Expense Insurance Covers

The death benefit can be used for anything, but it’s typically intended for:

  • Funeral and burial costs – Casket, service, cemetery plot, headstone
  • Cremation expenses – Typically $2,000-$7,000
  • Outstanding medical bills – Hospital and doctor bills from a final illness
  • Credit card debt – Small debts that would otherwise fall to family
  • Legal and administrative costs – Probate fees, death certificates

Who Needs Final Expense Insurance?

  • Seniors who don’t want to burden family with funeral costs
  • Anyone without significant savings to cover end-of-life expenses
  • People with health conditions who may not qualify for larger policies
  • Those who want guaranteed coverage regardless of health status

Types of Final Expense Policies

Simplified Issue

Answer a few health questions (no exam). If you qualify, full coverage starts immediately. Most applicants ages 50-85 qualify.

Guaranteed Acceptance

No health questions at all. Everyone between certain ages (typically 50-85) is accepted. There’s usually a 2-year waiting period for the full death benefit (accidental death is covered immediately). Premiums are higher than simplified issue.

What Does Final Expense Insurance Cost?

Sample monthly rates for $15,000 in coverage (simplified issue):

  • Age 55: $35-50/month
  • Age 60: $45-65/month
  • Age 65: $55-80/month
  • Age 70: $70-110/month
  • Age 75: $95-150/month

Rates vary by carrier, health status, and gender. TermHero compares options from multiple carriers.

Get Your Final Expense Quote

Don’t leave funeral costs to your family. Get a free, no-obligation quote for final expense coverage.

Call (818) 222-2300 or get your free quote