Final Expense

Final Expense insurance, offered by providers like Nationwide and Mutual of Omaha, is a type of whole life insurance designed to cover end-of-life costs such as funeral expenses, medical bills, and outstanding debts. It’s ideal for individuals aged 50 to 85 with low to moderate income who want to ease the financial burden on their loved ones. With fixed premiums and coverage typically between $2,000 and $25,000, it's especially helpful for seniors, caregivers, or those without large savings. This policy ensures families can focus on healing—not unexpected costs—when the time comes.