Final expense insurance is a type of life insurance often used to help loved ones with funeral, burial, medical, or other end-of-life expenses. These policies typically have smaller death benefits than larger family protection policies.

• Designed to reduce the financial burden on family members.
• May be easier to qualify for than some larger life insurance policies, depending on carrier rules.
• Benefits are generally paid to the beneficiary and may be used for more than funeral costs.
• Premiums and eligibility depend on age, health, carrier, and coverage amount.