Losing a loved one is an extremely difficult experience. Picking up the pieces while dealing with the accompanying emotions can be stressful. And making matters worse is the financial burden out-of-pocket expenses can impose at the end of life. They average $11,618.1

Without a final expense life insurance policy, families may have a hard time coming up with these funds quickly. Final expense life insurance can help prevent families from having to withdraw from their savings, sell precious assets, borrow money or set up online donation accounts to come up with the necessary funds required to bury a loved one.

While most people don't like to talk about end-of-life issues, it is important to plan for them. Expenses associated with death, such as caskets and embalming, can have a substantial financial impact on those you love. Final expense life insurance can help protect loved ones from having to pay these costs out of pocket.

In 2017, the cost of the average funeral exceeded $8,700.2 In most cases, a basic funeral service will include a memorial, death certificates for the deceased, and housing the remains. In addition to those costs, there are also charges involved for goods and services, such as transportation, preparation and embalming, use of the funeral home, a casket and headstone, a burial plot, gravesite, the burial service, or alternatively, cremation. There may also be additional costs, such as flowers and the printing of memorial cards.

Purchasing a final expense life insurance policy through Guaranteed Final Expense Life Insurance is easy, and your age and health may not affect your approval for coverage. Contact us for a free consultation and pricing.


1 "Out-of-Pocket Healthcare Expenditures at the End of Life," The National Bureau of Economic Research home page,, accessed Aug. 26 2019.
2 National Funeral Directors Association, Statistics,, updated July 18, 2019