Burial insurance is another term for final expense life insurance. It is a small whole life insurance policy designed to cover funeral and burial costs. Coverage amounts typically range from $5,000 to $25,000. Burial insurance is available to seniors and often has simplified underwriting.
Key Points
- Burial insurance: another term for final expense life insurance
- Small whole life policy for funeral and burial costs
- Coverage: typically $5,000-$25,000
- Available to seniors aged 50-85
- An independent agent can help you find the best burial insurance rates