Empower Life GuideInsurance & Retirement

Final Expense Insurance

Protect your family from end-of-life costs

Final expense insurance (often called burial insurance) is a smaller whole life policy — typically $5,000 to $50,000 — designed to cover funeral and cremation costs, remaining medical bills, and other end-of-life expenses. With no medical exam required and simplified health questions, most people ages 50–85 can qualify, often with coverage that starts immediately.

  • No medical exam — simplified application
  • Ages 50–85 typically eligible
  • Coverage can begin immediately
  • Covers funeral, medical & final costs

Why final expense coverage matters

The median funeral with burial now costs around $8,000–$10,000 — before any remaining medical bills, credit card balances, or legal costs. Without a plan, those costs land on grieving family members within days. A final expense policy hands your loved ones a tax-free check quickly, so their focus stays on healing instead of fundraising.

Simple to qualify, fast to start

There's no medical exam. Applications use a short set of health questions, and many applicants are approved in days — sometimes the same day. Depending on your health, coverage is either immediate and full from day one, or 'graded' with a short waiting period. May will tell you honestly which you qualify for and find the carrier that gives you the strongest offer.

Locked-in protection for life

These are whole life policies: your premium never increases, your coverage never decreases, and the policy can never be canceled due to age or health changes. Once you're in, you're protected for life — with a small cash value that builds along the way.

Ideal for

Ages 50–85Seniors on a fixed budgetThose with health conditionsPlanning ahead for family

Final Expense questions, answered

What families ask most about final expense insurance

Usually, yes. Final expense underwriting is far more forgiving than traditional life insurance. Conditions like diabetes, high blood pressure, or a heart history several years back are commonly accepted. Even with serious conditions, guaranteed-issue options exist with no health questions at all.

Most carriers pay claims within days of receiving the paperwork — many within 24–72 hours. That speed is exactly what final expense coverage is designed for, since funeral homes typically require payment up front.

Most clients choose $10,000–$25,000 — enough for a funeral, outstanding bills, and a cushion for the family. May can help you size it to your wishes and budget in a quick phone call.

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