Final Expense & Burial Insurance
Midwest Division Insurance Agency is here to help you prepare for some of life's most difficult moments. Plan ahead to replace stress and uncertainty with peace of mind — for you and the people you love.
Protect Your Family from Unexpected Costs
Losing a loved one is never easy, and families are often faced with immediate expenses such as funeral services, cremation or burial, and unpaid medical bills. Final expense insurance helps cover these costs so your family isn't left scrambling financially during an already emotional time.
With a final expense policy in place, you give your family the gift of time — to grieve, to heal, and to celebrate your life — without the added burden of financial stress.
What a funeral typically costs
- Funeral home services & staff
- Casket or cremation urn
- Burial plot or cremation fees
- Headstone or grave marker
- Flowers & printed materials
- Transportation & visitation
- Unpaid medical bills
Why Consider Final Expense Insurance?
A funeral today can cost $7,000–$15,000 or more, including the service, casket, burial plot, headstone, flowers, and transportation. These costs often need to be paid quickly, and without a plan, they may fall on grieving loved ones.
Final expense insurance — also called burial insurance — is a small life insurance policy designed specifically to cover these expenses. It's a simple way to spare your family from unexpected financial strain.
Benefits are commonly used to:
- Cover funeral, burial, or cremation expenses
- Pay off medical bills, outstanding debts, or legal fees
- Provide immediate cash to your beneficiary — no waiting
- Leave a small legacy or memorial contribution
How It Works
Final expense insurance is generally available to people ages 50–85, with coverage amounts typically ranging from $5,000 to $25,000. When you pass away, the tax-free cash benefit is paid directly to your beneficiary, who can use it for any purpose.
Final Expense Insurance FAQ
Is final expense insurance the same as life insurance?
It's a type of life insurance, but much smaller and simpler. It's designed specifically to cover funeral and end-of-life expenses, while traditional life insurance covers larger financial needs like income replacement or mortgages.
What can the money from a final expense policy be used for?
Anything your beneficiary needs — funeral costs, cremation, medical bills, credit card debt, or even a memorial donation. The benefit is paid as a tax-free lump sum with no restrictions on how it's used.
Do I need a medical exam to qualify?
Many policies do not require a medical exam, especially for benefit amounts under $25,000. Most require only a few health questions, making it accessible for many seniors.
Can I get coverage if I'm older or have health issues?
Often, yes. Final expense insurance is more accessible than traditional policies, and some plans offer guaranteed acceptance up to age 85, regardless of health history.
Will my premiums go up as I age?
No — most final expense policies offer level premiums that are locked in when you enroll. Your monthly payment stays the same for the life of the policy.
How much coverage do I need?
We'll help you estimate your expected final expenses — funeral costs, any outstanding debts, and other end-of-life needs — and recommend a coverage amount that fits your situation and budget.