Burial Insurance: Simple, Affordable Protection for Final Expenses
When a loved one passes, the last thing a family should worry about is how to pay for final expenses. That’s why burial insurance—also known as Final Expense insurance—remains one of the most valuable tools for planning ahead.
What Is Burial Insurance?
Burial insurance is a small whole life insurance policy designed to cover funeral costs, medical bills, or any remaining debts after death. It’s typically easier to qualify for than traditional life insurance and offers permanent coverage.
Who Is It For?
Ideal for seniors, individuals with health conditions, or anyone looking to leave a financial cushion behind, burial insurance ensures your family won’t have to dip into savings or borrow money to cover your final expenses.
Simple, Streamlined Application
Many burial policies offer simplified underwriting—meaning no medical exam is required, just basic health questions. That makes it one of the most accessible insurance options for individuals later in life.
Peace of Mind for You and Your Family
At Diversified Insurance Brokers, we help you plan for every phase of life—from retirement income to final expense protection. And if you also have a student in your household, Diversified College Planning can help reduce the cost of college while you secure your family’s future.
Use our Burial Insurance Calculator below to see how easy it is to get started.
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FAQs: Is Burial Insurance Necessary?
What does burial insurance actually cover?
Burial insurance covers funeral costs, cremation expenses, medical bills, and other end-of-life charges that families often face unexpectedly. The benefit is paid directly to your chosen beneficiary.
Is burial insurance necessary if I already have life insurance?
It depends. Some people keep life insurance for income replacement, debt payoff, or legacy planning and prefer a separate, smaller policy dedicated to final expenses. This avoids draining the main policy’s benefit.
Can I self-fund final expenses instead of buying insurance?
Yes—if you have sufficient savings earmarked for this purpose. Burial insurance is most useful when savings are limited or unpredictable.
Why do some people choose burial insurance even if they can afford their funeral?
Many choose it to guarantee immediate liquidity for their family. Funeral homes require prompt payment, and insurance ensures funds are available instantly without delays or probate.
Is burial insurance necessary for someone with health issues?
It can be very helpful, as burial insurance offers simplified underwriting and guaranteed-issue options for those who may be declined for traditional life insurance.
Is burial insurance worth it for younger or middle-aged adults?
In some cases, yes. Premiums are lower at younger ages, and buying early can protect against future health decline or higher policy costs later in life.
Can burial insurance replace a full life insurance policy?
No. Burial insurance is designed only to cover final expenses. Individuals who need income replacement or broader financial protection will still need traditional life insurance.
What happens if I die shortly after buying a policy?
If you pass from accidental causes, most burial policies pay the full benefit immediately. For natural causes, graded-benefit plans may delay the full payout if death occurs within the first 2–3 years.
Is burial insurance a good option for people without family?
Yes. Individuals with no close relatives often use burial insurance to ensure their affairs and funeral costs are covered without burdening distant relatives or the state.
How do I know whether burial insurance is necessary for me?
Consider your savings, health status, age, family situation, and whether loved ones could comfortably handle funeral costs. Burial insurance provides certainty when these factors are uncertain.
About the Author:
Jason Stolz, CLTC, CRPC and Chief Underwriter at Diversified Insurance Brokers, is a senior insurance and retirement professional with more than two decades of real-world experience helping individuals, families, and business owners protect their income, assets, and long-term financial stability. As a long-time partner of the nationally licensed independent agency Diversified Insurance Brokers, Jason provides trusted guidance across multiple specialties—including fixed and indexed annuities, long-term care planning, personal and business disability insurance, life insurance solutions, and short-term health coverage. Diversified Insurance Brokers maintains active contracts with over 100 highly rated insurance carriers, ensuring clients have access to a broad and competitive marketplace.
His practical, education-first approach has earned recognition in publications such as VoyageATL, highlighting his commitment to financial clarity and client-focused planning. Drawing on deep product knowledge and years of hands-on field experience, Jason helps clients evaluate carriers, compare strategies, and build retirement and protection plans that are both secure and cost-efficient.
