Best Complete Guide for Final Expense Burial Insurance

Discover Insider Tips on Burial Insurance

This is the best complete guide for Final Expense Burial Insurance. It’s designed to be an information powerhouse. Please bookmark or put a link on your website for easy reference later. This guide is going to cover several things.  If you feel like we missed anything in this best guide, please reach out to us if there’s something you want to be added to this guide. It’s a comprehensive guide to burial insurance for seniors.

This Best Guide for Final Expense Insurance is helpful for everyone, even if you already have a final expense policy but you just want to understand it better. Or, if you’re just considering adding to your insurance policy. Perhaps you have no burial insurance and you’re considering getting some.  Maybe you simply care about seniors in your life and you want to understand burial insurance better for their sake. Or you’re just curious for yourself. If you are a beneficiary, you may find it informative as well.

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What Is Final Expense Insurance?

Final expense insurance is a whole life insurance policy with a small death benefit and is easy to get approved for. Final expense insurance is also called funeral insurance or burial insurance  It basically is a simplified issue whole life insurance.  All are marketing terms the insurance industry uses to sell small whole life policies with a death benefit from  $2,000 to $50,000.

Final expenses mean any final expense costs after your death. This will include various end of life costs like cremation, burial, funeral expenses, travel expenses, and even potentially to pay for people coming to your service. You can include a financial gift or direct miscellaneous bills to be paid.

Providing for final bills will benefit your loved ones during a difficult time. Burial insurance is the term for the type of life insurance policy that is going to take care of your final expenses.

Burial insurance is always going to be structured as a Whole Life Insurance policy.  You do not want burial insurance to be structured as a term type of policy. Ever, ever. You’re would be doing yourself and your loved ones a major disservice if you choose a term policy to take care of your burial expenses.  Please do not go to AARP and get a term plan. Those are terrible term policies that require you to renew annually. Once you are past the age of 50, you should be getting a whole life structured burial insurance policy. You want your burial insurance to be at a locked-in rate for the rest of your life.

best burial guide

Pre-need plans

A pre-need plan is purchased directly from a local funeral home of your choice. Choose the funeral home you want to work with and specify the arrangements you desire. The funeral home will give you a cost that you pay in advance in full or via a payment plan.

Here a little insider information on pre-need plans.  Oftentimes, the funeral homes use an insurance company to cover the final expenses of your pre-need plan.

After you sign up with them, they contact an insurance agent like myself and take out burial insurance in your name. These policies can be anywhere from $10,000 to $50,000. They incorporate that in your cost, which you pay to the funeral home. They name themselves as the beneficiary. So, essentially you have needlessly hired a middleman, who benefits from an insurance policy they took out in your name. So it’s a lot wiser to go directly to an insurance agent like Protect  With Insurance in the first place.

Burial Insurance

Burial Insurance also known as final expense insurance is a whole life insurance policy, where you name the beneficiary. Death benefits are generally used for funeral costs, unpaid medical bills, and even transportation of family members to attend your service.

Pros of Burial Insurance


The good news is that burial insurance policies are very easy to qualify for. They are designed for seniors despite the fact that they most often have health issues. Naturally, as we age, we develop health issues and oftentimes end up on prescription medicines. We may contract issues like high blood pressure,  thyroid, and diabetes. We exercise less and gain weight. All these things can be problematic when it comes to qualifying for insurance. So it’s a relief to know that it’s easy to qualify for burial insurance.


There’s no medical exam in 99.9% of burial insurance plans and better yet it never expires. They are super easy and simple to understand. Once you locate the best burial policy at the lowest possible price,  you need to apply. They process your application and if you’re approved, then they mail the policy to you.  Upon your death, your loved ones receive a healthy check to pay your final expenses. It’s a beautiful thing.

Another great benefit of burial insurance is that it’s going to lock in everything until death. There’s no expiration and no change in price. In addition, there’s no change in coverage. It’s wonderful how they work. It locks in for life because it’s basically a whole life insurance plan. So you are actually taking out a standard, whole life insurance policy that is going to be repurposed to create a burial insurance policy for you.

Typically, the maximum coverage for burial insurance is about $40,000. There are some exceptions to this. If you are extremely healthy, you can even get larger cover policies up to millions of dollars. However, it just gets very expensive.

With most burial insurance policies you can get an accidental rider attached to your policy.  This will afford a double payout to your loved ones as long as your death is deemed accidental death.  That is a great way to get more juice in there to beef it up at a very low additional cost.

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Guaranteed vs. Unguaranteed Burial Policies

Guaranteed burial insurance programs are great if you have a lot of health concerns. Basically, these types of policies are aimed at seniors around 50 to 80 years of age. Mostly they are designed for people with active cancer, heart attacks within the last year, wheelchair-bound or dependent on oxygen. If you have these types of health issues, then a guaranteed burial insurance program is probably going to be your best bet. It’s important to discuss these issues with your agent and come up with a game plan.

You can always start with a guaranteed burial insurance plan.  If your health improves, later on, you can transition out of the guaranteed policy into a normal program, which might get you slightly better rates and possibly more coverage.

Once you survive the first two years, then it’s a one hundred percent full payout forever. However, if death occurs within two years of starting the guaranteed burial insurance program then the payment to your loved ones will be reduced payment to your loved ones.



Getting the Best Price

1. Shop Around for an Agent

So how do seniors get the best price on their burial insurance?  The secret is to shop around. In the past, you would have had to meet with 10 or 20 agents.  Now you can achieve this by searching online.

2. Choose an Independent Broker vs a Captive Agent

Selecting a professional insurance broker firm like  Protect With Insurance  is the key. They are a rock-solid agency that is independent. They do not have to answer to just one insurance company. An independent insurance broker has access to a variety of companies and policies to get you the best price and coverage. A captive agent is held to one single insurance company and its policies.

3. Have an Independent Broker Help You Shop

So you want to work with a solid, reputable, independent agency representative and they will shop for you. They’ll investigate a whole bunch of companies and help you sort out the best coverage at the best price.

4. Select an Agency that Offers You a High Health Rating

You want to make sure that you get what’s called an A-Health Rating with your life insurance company. So interview with various agencies to see what the best health rating you can qualify for. Ask questions until you feel comfortable. That is also helpful to your agent so they can find the best fit for you.

Agents at Protect With Insurance offer you the best access to multiple companies. Check us out at and you can verify that yourself. You’ll see that we’re a very well established, solid agency.

5. Your Answers to Your Agent’s Questions Determine Your Price

Your price is based on the answers you give them about your health and goals. It is also based on the type of policy and coverage you want. They’ll shop for several options for you, which should be the absolute best companies. Here’s an example of a list of best companies we work with: American Amicable, Transamerica Corporation Insurance Company, Americo, Assurity, GerberLife. Believe it or not, Gerber has a great Guarantee program. Then there’s United of Omaha, also famously known as Mutual of Omaha, Royal Neighbors of America, whose name sounds like they’d be out of the country, but they are a fantastic American company that is spot on. Also, there’s NASA financial group, formerly known as Phoenix LifeInsurance, Foresters Financial just to name a few. They are all really solid companies

When we are searching for the absolute lowest price possible it’s a huge range that depends upon your health.and your gender. Your cost is also dictated by the fact whether you’re a smoker or nonsmoker and, of course, a major factor is your age.

Obviously, insurance is a lot cheaper if you are in your 20s. There’s also children’s whole life insurance, which is structured as a whole life policy. You can even ensure an infant at birth.  So the prices are rated from an infant ranging all the way up to 85 years of age. Subsequently, the premiums can run the gamut of $6 a month to $1000 a month.

When you check out the blogs on our website  you can find and compare charts and lists of actual company pricing.

While you’re there check out our testimonials and see what our clients say about us. We’ve been doing this for a long time and we remain very involved with our clients. We’re a place of caring.

Please let us know what else you would like to include in this comprehensive burial insurance guide, and stay safe out there.