Final expense insurance, also known as burial or funeral insurance, is a type of whole life insurance designed to cover medical bills and funeral expenses when you pass.
Coverage & Policies
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Final Expense Insurance, also referred to as Funeral Insurance or Burial Insurance, covers all of your funeral expenses. These include your funeral or memorial service, cremation or burial and coffin, alongside any additional funeral costs.
The death benefit is guaranteed as long as premiums are paid on time.
In the event you pass away, your beneficiary will receive the life insurance proceeds income tax-free*
Terminal illness benefit accelerates the death benefit if diagnosed with a terminal illness with a life expectancy of less than 12 months.**
The accelerated death benefit is received income tax free.*
Plus, there are no restrictions on how you may use the proceeds.
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