The average funeral in the U.S. often ranges from $7,000-$15,000, and that is not even on the high end.

 Final expense insurance applicants aged between 50 and 80 could pay anywhere between $34 to $388 a month depending on the coverage amounts they require. (this quote is based upon $15,000.00, non-smoking male.  the quote for a non-smoking female is less).

Yes, final expense insurance or burial insurance may be purchased by you for a parent or other family member, as long as they are in agreement.

Burial insurance is a very popular choice for seniors. A medical exam usually won’t be needed for this type of policy, as you simply need to answer a few medical questions. This kind of coverage is best for those who would not be able to obtain life insurance otherwise.

With most companies you can have as many as you want.

 Cremation insurance is just another name for final expense insurance. It is intended to cover the cost of the funeral and small debts the insured may have.

 It’s actually quite common for final expense insurance policies to be used in conjunction with a term or whole life insurance policy. After all, combining a final expense insurance policy with other life insurance policies can help provide your loved ones with greater financial stability.