Did You Know?

A popular whole life insurance policy for seniors is final expense insurance which almost always allows for instant approval. This type of insurance policy is also commonly referred to as “burial insurance” or “funeral insurance.”

We understand how overwhelming it can be to get adequate coverage. That’s why we can help you look into this policy with a $2,000 – $50,000 death benefit, so you don’t have to choose between affordability and the comfort of your loved ones.

The death benefit can be used to cover any funeral or medical costs, but your beneficiaries can use this benefit for other purposes as well.


Generally, final expense insurance has the following features:

  • Cash value that allows the insured to use a policy loan
  • Whole life insurance with paid premiums to omit expirations
  • Fixed premium if they are paid
  • Simple application process
  • Affordable pricing
  • Fast approvals sometimes within a matter of days
  • Simplified issue without a medical exam at times

Final Insurance Cost

A Final Expense Insurance policy can cost $30 to $70 on average, depending on your health, sex, age, coverage amount, and insurance provider. This premium can be higher with rates between $70 and $120 monthly if you are above 70 years old or have many health conditions.
On the other hand, younger applicants with good health can fall in the $20 to $50 price range.

While cost is an essential factor when selecting an insurance policy, don’t let it take precedence. Consider the expenses your family will have to cover after you are gone. Some of these include:

  • Outstanding medical bills for prescription drugs, treatments, emergency care, nursing care, etc.
  • The debts your family inherits after you, including student, personal, credit card, and auto loans.
  • High funeral costs

iHealthcare is Here to Help!

At iHealthcare, we care about getting you the coverage you need. That’s why if you’re considering a final expense policy, we’ve got you covered. We will walk you through all your options so you can make the best decision!
To get all your questions answered and to speak with an experienced agent, give iHealthcare a call at 713-397-1875.
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Helping individuals and families access affordable healthcare. iHealthcare offers personalized services to our clients, helping them find the best possible healthcare solutions for their needs.
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