When protecting your loved ones from unexpected costs, choosing the right final expense insurance company can make all the difference. That’s why we’ve carefully reviewed and selected the top final expense insurance companies to trust in 2025, so you can make a confident, informed decision this year.
Call now from Monday through Friday, 9 a.m. to 5 p.m. ET at (866) 786-0725. Get started on your burial insurance journey, or use our free funeral expense calculator for a clear breakdown of funeral expenses based on your choices.
What is Final Expense Insurance?
Final expense life insurance is a type of whole life insurance designed to cover end-of-life costs and burial or cremation, such as funeral expenses, medical bills, and remaining debts. Unlike traditional life insurance, these policies typically have a smaller payout but are easier to obtain.
Most final expense insurance plans have a face amount average cap of around $50,000, depending on your age and your current state of health.
Most final expense policies are issued without a medical exam, making them ideal for seniors or individuals with health concerns. That means, even seniors with pre-existing health conditions can qualify without having to answer medical questions or take a medical exam. Once approved, coverage never decreases, and premiums remain the same for life.
Why Choosing the Right Final Expense Insurance Company Matters
Choosing the right final expense insurance company means more than just finding a policy—it means finding protection that eases the burden on your family. When the time comes, your loved ones shouldn’t have to worry about finances.
A well-chosen policy can help cover funeral costs, settle small debts, and ensure your wishes are honored. Most importantly, it allows your family to grieve without added stress. As you’ll see in our review below, each insurance company has different requirements. This doesn’t mean you’ll pay more because you have a certain condition or the form of payment you choose to use; it’s just that each carrier views these things differently.
Final expense life insurance matters because it offers dignity, security, and peace of mind when your family needs it most.
How We Chose the Top Final Expense Insurance Companies
To determine our top picks for 2025, we reviewed over 50 final expense insurance companies using the following criteria:
- Financial strength and company reputation
- Ease of application and underwriting
- Customer service and claims processing
- No medical exam availability
- Policy flexibility and added benefits
These selections reflect the best final expense insurance companies based on trust, affordability, and ease of use. We also considered several top-rated final expense life insurance companies ranked by industry reviewers and policyholders alike.
How Much Does Final Expense Insurance Cost?
On average, final expense insurance costs between $40 and $75 per month for a $10,000 policy. That price can vary based on factors like your age, health, gender, and the company you choose. The best final expense insurance companies often offer rates below this range, especially for applicants who are younger or in relatively good health.
Keep in mind that the sooner you apply, the more you save. Because final expense policies are priced based on age and risk, locking in a policy early means locking in a lower monthly premium for life. Rates don’t go up over time, no matter how your health changes.
Unlike traditional life insurance, which can be expensive and difficult to qualify for, final expense insurance is designed to be simple, affordable, and permanent. It offers lifelong protection with level premiums, so you’ll never be surprised by a rate increase, and your loved ones will never be surprised by unexpected costs. It’s typically more affordable than traditional life insurance and offers lifelong protection with level premiums that never increase.
Remember, the earlier you apply, the lower your monthly rate will be.
Want to know your exact monthly rate?
Contact Final Expense Benefits today for a personalized quote tailored to your age, health, and budget. Call us at (866) 786-0725 to speak with a licensed agent, or use our Free Funeral Expense Calculator to estimate your final costs and confidenlty.
The 5 Best Final Expense Life Insurance Companies
When it comes to finding affordable final expense insurance, these providers lead the way. Each one offers unique advantages depending on your age, health, and coverage needs.
We partner with over 20 carriers, including:
1
Mutual of Omaha
Mutual of Omaha is one of the biggest names in the life insurance industry, for good reason. Many seniors enjoy the great rates and customer service Mutual of Omaha burial insurance offers.
Why it’s #1: Known for fast approvals, no medical exams, and level premiums that never increase.
Best for: Seniors seeking affordable, long-term peace of mind from a highly trusted brand.
Highlights:
- Ages 45–85
- Immediate full coverage for qualified applicants
- A+ AM Best rating
2
Aetna (Accendo Insurance)
Why it stands out: One of the few final expense insurance companies for seniors that accepts applicants up to age 89.
Best for: Seniors over 80 or those needing a fast, simplified issue policy.
Highlights:
- No medical exam
- Accelerated death benefit included
- Competitive premiums
3
American Amicable
American Amicable Life Insurance offers several final expense insurance policies aimed towards seniors like their low-cost Senior Choice final expense insurance plans. With over 110 years of service in the life insurance industry, they provide multiple simplified life insurance policies.
Why it stands out: Offers multiple plan tiers for people with various health conditions.
Best for: Applicants with some health issues who still want affordable coverage.
Highlights:
- Multiple benefit options (immediate, graded, modified)
- Simple underwriting
- Coverage up to $50,000
4
Royal Neighbors of America
- Policies for ages 50–85
- Accelerated death rider included
- Nonprofit member benefits program
5
AIG
Why it stands out: AIG offers a guaranteed issue final expense policy with no medical exams or health questions, providing a reliable option for seniors who may not qualify elsewhere.
Best for: Individuals with serious health conditions such as cancer, heart disease, or those in assisted living or nursing care who need guaranteed acceptance.
Highlights:
Guaranteed issue for ages 50–80
No medical exam or health questions required
2-year limited benefit period
Fixed premiums with coverage from $5,000 to $25,000
Backed by an A+ rated company with a long-standing reputation
Honorable Mentions:
- Prosperity Life Group: Very affordable premiums, even for those with moderate health issues
- Gerber Life: Simple guaranteed issue for older applicants with no health questions
- Liberty Bankers Life: Offers graded and modified plans with competitive rates
Below is a comparison table between the recommended Final Expense Benefits Life Insurance Companies:
Final Expense Life Insurance Comparison Table
| Final Expense Insurance Company | Medical Exam Required | Health Questions | Guaranteed Acceptance | Waiting Period | Coverage Amount Range | Best For |
|---|---|---|---|---|---|---|
|
Mutual of Omaha |
No |
Yes |
No |
None (if approved) |
$2,000-$40,000 |
Healthy seniors seeking reliable, fast coverage |
|
Aetna
|
No |
Yes |
No |
None (if approved) |
$2,000-$35,000 |
Older applicants (up to age 89) |
|
American Amicable |
Some plans |
Some plans
|
Graded/Modified |
Possible (based on plan) |
$2,500-$50,000 |
Applicants with moderate health issues |
|
Royal Neighbors
|
No
|
Yes
|
No
|
None (if approved) |
$7,000-$30,000 |
Seniors wanting member perks and community support |
|
American International Group |
No |
No |
Yes |
2 years |
$5,000-$25,000 |
Seniors with serious health conditions needing guaranteed issue |
Use our free quoting tool to find the best plan for you and your family today.
Real-Life Example: Why It’s Worth Planning Ahead
When Teresa lost her mother unexpectedly, she had just days to come up with over $9,000 for the funeral and burial costs. Without a life insurance policy, the financial pressure only added to the emotional burden.
Now, Teresa has her own final expense life insurance policy, ensuring her daughter won’t face the same stress.
Final expense insurance for families is more than a policy; it’s a gift of love, security, and protection.
Contact Final Expense Benefits today for a personalized quote tailored to your age, health, and budget. Call us at (866) 786-0725 to speak with a licensed agent, or use our Free Funeral Expense Calculator to estimate your final costs.
How to Choose the Right Final Expense Life Insurance Company
Not all final expense life insurance carriers are the same. Choosing the right one depends on your:
- Age and health status
- Desired coverage amount
- Budget and payment preferences
Some carriers offer immediate coverage. Others may include a two-year waiting period. It’s important to compare features before committing.
Common Mistakes to Avoid
Even with the best intentions, mistakes happen. Applying for final expense insurance at the right time is crucial. Waiting too long can mean higher premiums and fewer options, especially as health declines with age.
While it might be tempting to choose the cheapest policy available, low-cost plans can sometimes come with hidden limitations or lack essential features. It’s also important to fully understand whether your policy includes a waiting period, as some plans delay full benefits for up to two years. Lastly, don’t overlook financial ratings. Choosing a company with a strong reputation and an A+ rating from AM Best can give you greater confidence in long-term reliability and payout assurance. If you do happen
Conclusion
The top final expense insurance companies in 2025 offer simplicity, peace of mind, and lasting protection for your family. Whether you’re planning or helping a loved one, choosing the right provider means you’ll never have to worry about the unexpected.
Call our expert agents Monday through Friday, 9 A.M. – 5 P.M. ET at (866) 786-0725 or check out our free online quoting tool to receive an estimate.
FAQ
Can I get coverage if I have health issues?
Absolutely. If you’ve been declined elsewhere due to health concerns, guaranteed issue final expense plans may be your best option. These policies require no medical exams or health questions, though they often include a brief waiting period before full benefits kick in. Still, they provide peace of mind when other options aren’t available.
What happens if I outlive the policy?
You can’t outlive a final expense whole life policy. Coverage lasts your entire life as long as premiums are paid. So, no, final expense life insurance does not expire.
Is final expense insurance worth it?
If your family would struggle to cover funeral costs or medical bills, final expenses insurance is a smart, affordable solution that eases emotional and financial stress.
How fast can I get coverage?
Many final expense life insurance policies with no waiting period options are available, often with coverage beginning on day one for qualified applicants.
How much final expense insurance do I need?
This depends on your goals. Most people choose $10,000–$20,000 to cover funeral costs, medical bills, and small debts. Use our Funeral Expense Calculator to estimate your personal needs.
Can I buy final expense insurance for someone else?
Yes, you can purchase a policy for a parent, spouse, or loved one with their consent. You’ll need their basic health information and authorization to apply.
