Frequently Asked Questions
Burial insurance, and final expense insurance, is different from most other types of life insurance. The death benefit is not tied to someone's income or net worth. Because burial insurance, and final expense insurance, are specifically for funeral and burial costs, the policy death benefit isn't limited by someone's net worth or income.Typically the death benefits associated with burial insurance, and final expense insurance, range from $1,000 to $50,000. Some policies may go up to $100,000 of coverage. However, the size of the insurance policy is linked to the family's funeral expense needs more than their overall financial profile.
No, absolutely not! There are no fees, charges or any costs associated with the burial insurance application. The only time you pay is if you are buying the insurance policy. There is no risk, cost or obligation to apply.
No, unlike with larger life insurance policies, medical exams are not typically required to purchase burial insurance or funeral insurance. In many cases, if medical underwriting is involved it is limited to a review of medications that the insured has taken.