Final Expense Insurance
Small whole life policies to cover funeral costs.
Quick answer
Final expense insurance is a small whole life policy, usually $5,000 to $50,000, designed to cover funeral, burial and end-of-life bills. It is available to seniors, often ages 50 to 85, with simplified health questions and no medical exam, and premiums never increase.
- Coverage amount
- $5k–$50k
- Ages
- Typically 50–85
- Medical exam
- None
- Premiums
- Fixed
Who is final expense insurance best for?
- Seniors ages 50–85
- Covering funeral and burial costs
- People with health conditions
- Leaving loved ones free of final bills
Pros and cons
Pros
- No medical exam
- Fast approval
- Premiums never increase
- Coverage never expires
Cons
- Lower coverage amounts
- Higher cost per dollar of coverage
- Some guaranteed-issue plans have a 2-year waiting period
How much does final expense insurance cost?
Costs depend on age, health and coverage amount. Because coverage amounts are small, monthly premiums are usually manageable on a fixed income.
Why buy through Varis Life?
Varis Life is an independent agency with access to every major carrier and licensed agents in all 50 states. We compare final expense insurance options side by side so you get the best fit for your health, budget and goals.
Frequently asked questions
How much final expense insurance do I need?
Most people choose enough to cover a funeral, burial or cremation plus outstanding bills, commonly $10,000 to $25,000.
Can I get final expense insurance with health problems?
Yes. Simplified issue plans ask a few questions, and guaranteed issue plans accept everyone with a waiting period.
Compare every carrier in one call
A licensed Varis Life agent will shop the market for you, in any of the 50 states, at no cost.
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