It's a type of life insurance plan that provides money to help pay for your final expenses which may include your funeral and burial costs.
Final expense burial insurance policies provide a small amount of life insurance protection, usually from $2,500 up to $20,000. And, depending on your age, your approval may be guaranteed no matter what your health.
How can they accept anyone who meets the age guidelines. That's because many of these policies have a graded death benefit the first two years you are insured. So, you won't have full coverage until after two years of being insured.
When you apply for the policy there is no health exam required, and there are usually no health questions asked, if it is a graded benefit type of life insurance plan.
Learn more about how to buy a final expense burial insurance policy online.