Final Expense Insurance
Insurance Glossary
A small whole life policy meant to cover funeral, burial and other end-of-life costs, sold in face amounts well below those of a standard life policy. Underwriting is limited to a short health questionnaire or skipped altogether, no medical exam is required, and the premium stays level for life once the policy is issued. Issue ages generally start around 50, and policies written with limited or no underwriting commonly carry a graded or modified benefit for the first two or three years.
This content is for general informational purposes only and is not insurance, legal, or financial advice. Coverage, exclusions, eligibility, and pricing vary by insurer, by policy, and by state, and only the policy documents control what is covered. Always confirm the details of any coverage with a licensed insurance agent or the issuing carrier before you buy.
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