Fill out the form
Give us a call
Start saving today
Final expense insurance, also known as burial insurance, is a type of whole life policy with a death benefit that ranges between $2,000 and $50,000. These policies are intended to provide coverage for end-of-life expenses, such as funeral, burial, and medical expenses.
Compared to traditional life insurance policies, final expense insurance is also much easier to qualify for. The two types of final expense you may qualify for include simplified issue and guaranteed issue.
A simplified issue policy is for those who do not qualify for traditional life insurance but only pose a moderate risk to insurance companies. To qualify for simplified issue, you do not need to go through medical exams like you would with traditional life insurance. It is only a few simple yes or no medical questions to determine your eligibility.
These policies have death benefits up to $50,000.
A guaranteed issue policy will offer near-certain approval to anyone who applies, regardless of your health or if you are of old age. A medical exam or questionnaire is not required, although some insurance companies will very rarely ask questions about a terminal illness that could disqualify you.
These policies have death benefits up to $25,000.
Whether or not a final expense policy is best for you ultimately depends on what you currently qualify for. If you are of older age or have health concerns that would disqualify you from purchasing a traditional life insurance policy, a final expense policy is something to consider.
Always speak with a licensed insurance expert who will help you compare your options so you can get the best policy for your needs. Give us a call today to learn more about the final expense options available to you!
EMAIL US
info@insurapply.com
CALL US
833.571.2180
HOURS
Mon-Fri: 9am-5pm CST | Sat: Closed | Sun: Closed
FOLLOW US
Insurapply, LLC does our best to keep information on this site current and up to date. This site will change over time and will reflect new information and content, adjustments to price, and modifications to underwriting requirements dictated by the insurance companies that we represent. The Life Insurance quotes generated on this site are an estimate of premium cost. These numbers do not constitute an offer for life insurance coverage, this is not a binding contract between the insurance company and the individual. The offer will become binding once the insured completes the underwriting process in total, an official offer has been issued by the insurance company, the offer has been accepted by the owner of the policy, and the first initial premium has been paid. Insurapply operates as “Insurapply Insurance Agency” in the state of California.