Burial insurance and final expense life insurance
People often use “burial insurance” and “final expense insurance” to mean the same thing: a type of life insurance meant to help with funeral costs, burial or cremation, and other last expenses. The name on a policy may vary, but the purpose is usually to leave a beneficiary money that can be used for those costs. It is life insurance, not a contract that prepays a specific funeral home.
The policies I offer provide full coverage from day one, with no waiting period, and great coverage at a reasonable price. Coverage, benefits, and eligibility vary by state and are subject to the policy terms and underwriting.
Term life insurance
Term life insurance covers a person for a set period, such as a number of years. If the insured person dies during that term and the policy is in force, the policy pays a death benefit to the beneficiary. If the term ends while the person is still living, the coverage typically ends unless it is renewed, converted, or replaced, depending on the contract. Term policies are often used to help with income or debts during working years. They are not automatically the same as a final expense policy.
I explain options that may fit your situation on a phone quote. This page is general information, not a finding that one type is right for every family.
A simple comparison
| Question | Burial / final expense life insurance | Term life insurance |
|---|---|---|
| What is it for? | Often used to help with funeral, burial or cremation, and final bills | Often used to help with income, debts, or other needs during a set period |
| How long does it last? | Typically designed as lasting coverage while the policy stays in force, subject to the contract | Lasts for a stated term, unless renewed or changed under the policy |
| When does coverage begin? | The policies I offer provide full coverage from day one, with no waiting period, subject to underwriting and the policy terms | Depends on the policy; ask about the specific contract |
| Does this page list prices? | No. Cost depends on age, health, coverage amount, state, and the policy. A free quote is the way to hear numbers for your situation. | |
If you are not sure which kind of life insurance you are looking at, call me at (478) 494-6005 and we can sort it out in plain language.