Your Medicare Annual Enrollment Checklist
Sep 18, 2026 · 6 min read
A small whole life policy can keep funeral and end-of-life costs from falling on your family.
Final expense insurance is a type of whole life insurance with a smaller benefit, designed to cover funeral costs, medical bills and other expenses at the end of life.
How it works
You pay a fixed monthly premium for life. When you pass away, your beneficiary receives a tax-free benefit they can use however they need.
Who it's for
It's commonly chosen by adults between 50 and 85 who want to protect their family from out-of-pocket costs, especially if they don't have other life insurance.
Most final expense plans ask a few health questions instead of requiring a medical exam.
