$18
Lowest monthly rate (age 50, female)
$8,300+
Average US funeral & burial cost
50–85
Age range typically covered

Let's be direct. Burial insurance is not a great investment in the traditional financial sense. If you live a long life and pay premiums for 20–30 years, you will likely pay in more than the death benefit over time.

But that is not the right way to think about it. Burial insurance is not an investment — it is a way to transfer the financial risk of your funeral and end-of-life costs away from your family. The question is not whether you will come out ahead financially. The question is whether your family can absorb an unexpected $8,000–$10,000 expense at one of the most difficult moments of their lives.

For most seniors without dedicated funeral savings, the answer makes burial insurance a practical and worthwhile decision.

Plan Types Available

Graded Benefit

For applicants with some health concerns who may not qualify for a level plan. Full death benefit becomes payable after a 2-year waiting period.

Moderate monthly premium

Guaranteed Issue

No health questions whatsoever. Available to almost anyone ages 50–80. Best option for those with serious health conditions who may not qualify elsewhere.

2-year waiting period applies

When Burial Insurance Makes Sense

Burial insurance makes sense if you do not have $8,000–$10,000 set aside specifically for funeral costs, if you want to ensure your family is not burdened with those costs, or if your existing life insurance coverage has expired or is no longer sufficient.

It also makes sense if you are currently healthy enough to qualify for a level benefit plan — because locking in a low premium now prevents a significantly higher premium later if your health declines.

When It May Not Be Necessary

If you have sufficient savings or investments that your family can access quickly after you pass, and those funds clearly cover funeral costs and any outstanding debts, then burial insurance may be an unnecessary expense.

Similarly, if you have a large existing life insurance policy in force, and that policy will pay out in a timely manner, your family may already have the funds needed.

The key word is accessible — many assets (estate funds, retirement accounts, certain investments) can take weeks or months to become available to a family after a death. Funeral homes typically require payment within days. Burial insurance pays quickly, which is part of its practical value.

Monthly Cost Ranges — $10,000 Policy

The table below shows typical monthly premium ranges by age and gender. Actual rates depend on your health history, coverage amount, and carrier.

AgeFemale / MonthMale / MonthPlan Type
Age 50$18 – $28$22 – $35Level Benefit
Age 55$22 – $34$27 – $42Level Benefit
Age 60$28 – $44$35 – $55Level Benefit
Age 65$35 – $56$46 – $70Level / Graded
Age 70$44 – $70$55 – $90Level / Graded
Age 75$65 – $105$85 – $135Graded / Guaranteed
Age 80$90 – $140$120 – $185Graded / Guaranteed

Estimates for a $10,000 policy. See the full cost breakdown →

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A licensed agent can review your specific situation and walk you through the options available — at no charge and with no obligation to purchase.

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Frequently Asked Questions

Can I get burial insurance without a medical exam?+
Yes. The majority of burial and final expense plans do not require a physical exam. Some plans ask a short set of health questions to determine the best plan type, while guaranteed issue plans require no health information at all.
What is the age limit for burial insurance?+
Most carriers accept applicants from age 50 up to age 85. Guaranteed issue plans are generally available up to age 80, depending on the carrier. A licensed agent can confirm what's available at your specific age.
What is the difference between burial insurance and final expense insurance?+
The terms are interchangeable. Both refer to small whole life insurance policies — typically $5,000–$25,000 — designed to cover funeral costs and end-of-life expenses. "Final expense" is used by insurers; "burial insurance" is more widely understood by consumers.
Does my premium increase over time?+
No. Your premium is locked in at the age you apply and cannot increase due to age or changes in your health — for life, as long as you keep paying.
Who will contact me after I submit my information?+
A licensed insurance agent will reach out to walk you through the options available in your area. There is no cost and no obligation to purchase anything.
Is burial insurance a scam?+
No. Burial insurance is a legitimate form of whole life insurance regulated by state insurance departments. Licensed agents selling these products must be licensed in the states where they operate. The policies pay out the stated death benefit as agreed. Like all insurance, you are paying for protection against a risk — not a guaranteed financial return.

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Related Resources

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