Final Expense Insurance
Final Expense insurance also referred to as burial insurance is a whole policy that is designed to help adults plan ahead for funeral, cremation, memorial, and other end of life expenses. It can also be used to cover outstanding medical bills or any debts that you may leave behind.
Peace of mind that is Simple and Affordable.
Why Final Expense Insurance?
The average funeral can cost upwards of $10,000. Medical bills and other debts place a financial burden on your loved ones. Social Security only provides a one-time payment of $255 to your surviving spouse or qualified dependent. For people between the ages of 50-85, final expense insurance provides an affordable way to provide you peace of mind.
How does Final Expense Plans work?
Final Expense policies are non-medical Whole life policies with face amounts usually between $2,000-$35,000.
Simplified issue - Simplified issue policies can provide first day coverage(no waiting period), which require an individual to answer a few medical questions.
Guaranteed issue - Guaranteed issue policies are for certain individuals with high-risk health conditions. These are for individuals who have been declined or would not qualify for a simplified issue first day coverage policy. Guaranteed issue plans have no health questions. They all come with a 24-month waiting period.
How Much Does A Funeral Cost?
Casket and Vault
$3,722
Basic Services Fee
$2,000
Facilities Charge
$915
Embalming
$695
Preparation of Body
$250
Service Cars/Vans
$500
Hearse
$318
Transfer of Deceased
$310
Memorial Service
$250
Total Average Expenses
$8,960*
*Other cash payments or expenses such as cemetery plot, headstone, outstanding debts (home mortgage or loans) etc. are not included in the above.
A policy that provides a cash benefit to your Family
What are the benefits of Final Expense Insurance?
Final Expense insurance is an affordable way to cover your final expenses and gain peace of mind.
No Medical Exam - Final expense does not require a medical exam. Even if you have pre-existing medical conditions you can qualify for coverage. Some individuals can even qualify for first-day coverage, without a two-year waiting period.
Guaranteed Death Benefit - Death benefit is guaranteed to never decrease due to changes in your age or health
Guaranteed Premiums - Premiums are guaranteed to never increase due to changes in your age or health
Cash Value - Policy builds guaranteed cash values
Quick Approvals - The application process is quick and easy, most policies are approved within 24 hours
We help individuals and families build lasting wealth through personalized strategies, transparent advice, and a commitment to your long-term success.
Quick links
Support
Privacy Policy
Terms & Conditions
Copyright 2026. Rich Life Capital Group. All rights reserved.