Best Burial Insurance in 2024

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Best Burial Insurance in 2024

Best Burial Insurance in 2024, A sort of whole life insurance called burial insurance, sometimes known as final expense insurance, is intended to assist in defraying funeral and other costs associated with dying.

The top burial insurance providers provide guaranteed acceptance life insurance policies with a range of coverage levels and other perks. These policies don’t require you to undergo a medical exam or provide answers to health-related inquiries.

Policies often don’t expire or renew, and acceptance is typically guaranteed for applicants who meet the eligibility requirements (generally between the ages of 50 and 85). Continue reading to find out more about the top burial insurance providers, their features, and additional advantages.

Best Overall: State Farm

One of the biggest insurers in the country, State Farm provides a variety of insurance products, one of which is a guaranteed issue ultimate expense policy. Furthermore, according to our study, State Farm is the top insurer in both our rankings of the finest universal and whole life insurance providers.

Final expense product applicants who meet the eligibility requirements are guaranteed coverage, and State Farm does not request medical examinations or inquiries for this type of policy. The range of coverage is $10,000 to $15,000.

Not all states provide State Farm policies, and the company does not have a license in Massachusetts. Although it is not feasible to purchase insurance online, State Farm has a wide network of agents that can assist customers in locating the coverage they require.

Coverage amount: $10,000 to $15,000
Age eligibility: N/A
Waiting period: Limited payout for first two years
Medical exam requirements: None
Coverage for pre-existing conditions: No restrictions
Financial strength rating: A++ (Superior) rating from AM Best

Best for Seniors Over 65: AARP


AARP may be best known as an advocacy organization for people 50 and older, and one of the things it offers its members is life insurance, including burial insurance. The company doesn’t underwrite the policies it offers; that’s done via New York Life. Final expense insurance coverage is available up to $25,000, and acceptance is guaranteed for qualifying applicants.

In addition, AARP also offers members the option of buying supplemental Medicare health insurance, dental insurance, plus pet, car, home, and renters through other third-party providers such as The Hartford and Fetch.

Coverage amount: Up to $25,000
Age eligibility: 50 to 80 (50 to 75 in New York) and partners aged 45 to 80
Waiting period: Limited benefits for the first two years
Medical exam requirements: No medical exams, no health questions
Coverage for pre-existing conditions: No restrictions
Financial strength rating: A++ (Superior) rating by AM Best

Best for Guaranteed Acceptance: Ethos

Ethos Insurance Logo

Ethos is not a provider of insurance. Instead, it’s a digital brokerage with a focus on life insurance plans that don’t require exams. For applicants between the ages of 65 and 85, it provides assured acceptance coverage of $10,000, $15,000, $20,000, and $25,000 in addition to term life insurance up to $2 million with no medical tests.

These policies are not supported by Ethos directly. Instead, it works as a licensed producer and third-party administrator for a number of major providers that provide coverage, including Legal & General America, Ameritas Life Insurance Corp., TruStage Financial Group, Inc., Senior Life Insurance Company, and Mutual of Omaha.

Best for High Coverage Limits: Mutual of Omaha

Mutual of Omaha is an expert in financial products, medical insurance, and life insurance. A guaranteed acceptance insurance with coverage levels up to $25,000—higher than many other providers—is one of the company’s offerings. With a beginning age of 45, Mutual of Omaha also allows applicants to apply for this plan at an earlier age than many other providers.

If the policyholder passes away within the first two years, Mutual of Omaha’s death benefits are drastically decreased, much like those of other providers. This benefit decrease, in contrast to other carriers, only takes place in the event that the policyholder passes away due to natural causes. If the policyholder passes away during the first two years due to an unintentional reason, Mutual of Omaha will pay out full death benefits.

Things To Consider When Buying Insurance

Options for coverage: Certain organizations, such as Mutual of Omaha, only provide specific products, such as full or term life insurance.

Some insurers, such as State Farm, provide renters’, auto, house, and pet insurance in addition to life insurance. Whole life insurance policies with guaranteed issue are widely available, but it’s crucial to research the many coverage options to choose the insurance provider and policy that best suit your needs.

Affordability and premiums: In return for coverage, all insurance firms demand premium payments. These rates change based on the applicant’s age, lifestyle, and, occasionally, health. Obtaining quotations from several suppliers is advised by experts in order to choose an insurance that makes financial sense.

Age eligibility: Applicants must normally be 50 years of age or older to be eligible for last expense insurance. Your age will influence both your premiums and your eligibility for a certain product.

Restrictions for medical exams: The top providers usually don’t for burial insurance coverage, but before you apply, make sure you are aware of any restrictions since they may affect your eligibility or rates.

Waiting period: A number of companies offer lower payments or none at all if an insured person passes away in the first 12 or 24 months.

Make sure you read the tiny print and take your health and financial situation into account when evaluating any restrictions.

Pre-existing condition coverage: Generally speaking, insurers won’t inquire about a patient’s health history or reject applications based on it, but you should confirm any limitations before submitting an application.

Graded death benefit: Many insurers give decreased death benefits if a policyholder dies within the first two years of coverage. Make sure you are aware of the rules governing these diminished advantages and the circumstances under which they apply.

We began our search for the top burial insurance providers by looking into a number of leading national life insurance providers to determine which ones specialized in final expense coverage and guaranteed issue life insurance.

Next, we looked into each policy’s coverage limitations, eligibility requirements, waiting periods, and other benefits. Although rates are highly variable and typically not disclosed to the public, we also looked into provider ratings to reduce our selection to only those that were thought to be affordable choices.

At U.S. News 360 Reviews, our contributors and editors have years of expertise studying and examining difficult financial issues including numerous types of life insurance. Dock Author of this article and 360 Reviews writer David Treece has over twenty years of expertise in the financial services sector.

For Forbes, Investopedia,, and other publishers, he has written about insurance and other financial matters. In addition, he has written for various insurers, including Ethos Life, and worked for a variety of financial services and insurance organizations.

Who has the best burial insurance?

State Farm offers the best burial insurance, based on our research. The company offers a guaranteed issue whole life policy that is flexible and designed to meet a wide array of policyholder needs.

Additionally, State Farm is the No. 1 company in our ratings of best whole life insurance and best universal life insurance, based on our analysis. It also has some of the cheapest average premiums among insurers in our study.