Final expense insurance

The beneficiary you name generally receives the death benefit and can use it for funeral costs and other expenses.

No. It is protection meant to help cover final costs, not an investment product.

Often not. Many final expense policies are simplified or guaranteed issue, though terms and any waiting periods vary by policy.

It is typically a smaller whole life policy focused on end-of-life costs, while broader life insurance often addresses income replacement and larger needs. We can compare them for you. ...