Final Expense Insurance
Death is one of the few certainties, but how you pay for your funeral isn't.
Final expense insurance, also known as burial insurance or funeral insurance, is a life insurance policy with a low face value, such as $5,000 to $50,000, that you buy directly from an insurance company. You can name any beneficiary, typically a family member, who would make the claim and receive the money upon your death. That beneficiary would then be responsible for using the money to carry out your wishes.