Compare Burial Insurance Quotes

Burial insurance — also called final expense insurance — is a small whole life policy (typically $5,000 to $25,000) specifically designed to cover funeral costs, outstanding medical bills, and other end-of-life expenses. It pays a tax-free benefit directly to your beneficiary within days of your passing.

Unlike traditional life insurance, burial policies have relaxed underwriting (many require no medical exam), smaller face amounts, and level premiums for life. They're built for seniors who want simple, guaranteed protection without the complexity or cost of a full-size policy.

Monthly premiums for a $10,000 policy:

• Age 55, good health: $22–$32
• Age 65, good health: $38–$52
• Age 75, good health: $75–$110
• Age 75, guaranteed issue: $95–$140

Rates never increase once the policy is issued, and coverage never expires as long as premiums are paid. Cash value builds slowly over time.

Three underwriting tiers:

• Simplified issue — short health questionnaire, no exam. Most applicants qualify if they don't have major conditions (recent cancer, heart attack, or stroke).
• Guaranteed issue — no health questions at all. Anyone 50–80 is accepted, but policies have a graded death benefit: if you pass within the first 2 years, beneficiaries receive only a return of premiums plus interest, not the full face amount.
• Pre-need insurance — purchased directly from a funeral home to pre-pay specific services. Less flexible than standalone burial insurance.

The national average funeral cost in 2026 is about $8,300 for a traditional burial and $6,900 for cremation with a service. Add estimated final medical bills, outstanding consumer debt, and any legacy gifts you want to leave.

Most applicants land between $10,000 and $15,000 — enough to bury the insured, cover lingering bills, and leave a small cushion for the beneficiary. Larger amounts ($20K–$25K) are worth considering if you also want to leave something behind or pay off a mortgage tail.

The shopping checklist:

1. Decide how much coverage you need (cost estimate + debts + buffer).
2. Choose simplified issue if you're in reasonably good health — rates are 20–30% lower than guaranteed issue.
3. Quote 3 carriers. Mutual of Omaha, Gerber Life, AIG, and Colonial Penn are the main players.
4. Apply. Simplified issue decisions usually come back within 24 hours; guaranteed issue is nearly instant.
5. Name your beneficiary carefully — naming a funeral home can mean the payout goes straight to the provider, bypassing probate.