Final Expense Life Insurance

Burial Insurance That’s Simple, Guaranteed, and Stress-Free

What it is

Final expense insurance is a small-face-amount whole life policy (typically $2,000–$50,000) designed exclusively to cover end-of-life costs: funeral, cremation, medical bills, credit-card balances, or charitable bequests. No medical exam required for most applicants—acceptance is guaranteed issue or based on a short health questionnaire.

Key riders & strategies

No health questions; 100% approval.

Locked in for life; never increase.

Small but tax-deferred; can be borrowed against.

Immediate: Full payout from day one (if health questions passed).
Graded: 30% year 1, 70% year 2, 100% year 3+ (guaranteed issue).

Pays beneficiary directly within 24–48 hours.

Crypto-specific uses

Name a trust as beneficiary; include a memo with wallet recovery instructions.

IRS treats crypto as property; heirs owe tax on unrealized gains. A $25K policy can fund the bill without forced liquidation.

Direct proceeds to a multisig wallet or registered 501(c)(3) for perpetual giving.

Covers $15K+ international funeral transport if you pass abroad.

Sample costs (non-tobacco, simplified issue)

Age	$10,000 Face	$25,000 Face
50	$35/mo	$81/mo
60	$51/mo	$121/mo
70	$77/mo	$186/mo
80	$133/mo	$326/mo
(Guaranteed issue rates ~20–30% higher)