A: Final expense insurance applicants aged between 65 and 90 could pay anywhere between $30 to $200 a month depending on the coverage amounts they require.

A: Yes, final expense insurance or burial insurance may be purchased by you for a parent or other family member.

A: Burial insurance is a very popular choice for seniors. A medical exam usually won’t be needed for this type of policy, as you simply need to answer a few medical questions. This kind of coverage is best for those who would not be able to obtain life insurance otherwise.

A: The cost of a burial plot in a public cemetery can be anywhere from $200 to $2,000. A burial plot in a private cemetery could cost anywhere from $2,000 to $5,000.

A: Burial insurance is a type of life insurance policy designed specifically with seniors in mind, and it is meant to cover only the costs of a funeral and burial. Also often called final expense insurance, the policy can be tailored to cover any outstanding debts that you might leave behind after you’re gone.