Best Burial Insurance Companies Of 2024

If you’re looking for burial insurance or final expense insurance, it can be overwhelming to choose from the many insurance companies and policies available.

This comprehensive guide will provide you with all the information you need to find the best burial insurance company for your needs, with a focus on factors like affordability, policy features, and customer satisfaction.

What is Burial Insurance?

Burial insurance, also known as final expense insurance, is a type of life insurance policy that is specifically designed to cover the costs of end-of-life expenses, such as funeral and burial costs.

Unlike traditional life insurance policies, burial insurance policies typically have lower death benefits and premiums, making them more affordable for seniors and those with pre-existing health conditions.

Most burial insurance carriers will offer simplified issue whole life at age 50 and over.

How to Choose a Burial Insurance Company

When choosing a burial insurance company, it’s important to consider factors like policy features, premiums, and customer satisfaction ratings. Some key factors to consider include:

  • Affordability: Look for a company that offers affordable premiums that fit your budget.
  • Policy Features: Consider the policy features, including death benefits, coverage amounts, and any additional benefits or riders.
  • Customer Satisfaction: Research customer satisfaction ratings and reviews to get an idea of the company’s reputation and customer service.

In addition, some states may not offer the same coverage and carriers. For example, if you lived in Philadelphia, Pa, you may have different carriers and disclosures that are state specific than Iowa.

Best Burial Insurance Rates

Getting the best rate will be determined on a few questions to see if you can qualify. The rates below are the best rates available by age.

Average Burial Insurance Rates For Females

Age $5,000 $10,000 $20,000
40 $10.40 $20.79 $37.20
45 $12.51 $22.61 $42.01
50 $13.75 $24.23 $44.86
55 $15.45 $27.60 $51.58
60 $18.04 $32.71 $61.80
65 $22.11 $40.77 $77.93
70 $28.22 $52.88 $102.15
75 $37.28 $70.94 $138.27
80 $50.41 $97.50 $191.66
85 $67.50 $131.66 $259.99
89 $132.83 $262.32 $521.31
90 $151.59 $299.77 Not Available

Average Burial Insurance Rates For Males

Age $5,000 $10,000 $20,000
40 $11.19 $22.38 $44.05
45 $13.49 $25.92 $48.50
50 $16.30 $30.55 $57.48
55 $19.58 $35.76 $67.91
60 $23.48 $43.49 $83.37
65 $28.79 $53.97 $104.34
70 $36.67 $69.78 $135.95
75 $50.41 $97.30 $190.99
80 $68.75 $134.16 $264.99
85 $90.83 $178.17 $352.84
89 $172.08 $340.82 $678.31
90 $178.76 $354.11 Not Available

Best Burial Insurance Companies

Here are some of the best burial insurance companies to consider:

CORE Partners

  1. SBLI (COPD Level)
  2. Trinity Life/Family Benefit Life
  3. Wellabe GW (Level/GI)
  4. American Amicable
  5. Royal Neighbors

Other Partners

  1. Mutual of Omaha
  3. GPM (Organ Transplant Level)
  4. Americo
  5. Foresters
  6. Royal Arcanum
  7. Liberty Bankers Life
  8. Security National Life SNL (No MIB Check)
  9. CFG (NY Carrier)

Graded/Guaranteed Acceptance

  1. GTL
  2. Gerber Life

Rate Comparison

Each carrier below will have health impairment nichIes.

For example, if you are diagnosed with COPD, there are only 3 of the 12 carriers that will offer level of immediate coverage. All the others will be a waiting period.

To give you an idea of the average premiums for burial insurance policies, here is a rate comparison for a $10,000 death benefit policy for a 65-year-old female:

  • Mutual of Omaha: $41.01/month
  • American Amicable: $47.05/month
  • Trinity Life/Family Benefit Life: $41.28/month
  • SBLI: $44.24/month
  • AETNA/CVS: $47.60/month
  • Gerber Life Insurance: $62.61/month
  • Liberty Bankers Life: $44.95/month
  • Security National Life SNL: $52.24/month
  • Royal Arcanum: $47.89/month
  • Foresters Financial: $43.38/month
  • Great Western Insurance Company: $47.02/month
  • GTL: $64.83/Month
  • GPM Life: $48.89/month
  • CFG: $43.85/month

It’s important to note that rates will vary based on factors like age, gender, and health status.

Pros and Cons of Burial Insurance

Remember to also consider the pros and cons of burial insurance before making a decision.

While burial insurance can provide affordable coverage for end-of-life expenses, it may have lower death benefits and limited policy options. Be sure to weigh these factors against your own needs and budget.

Like any type of insurance, burial insurance has its pros and cons. Here are some key factors to consider:


  • Affordable premiums
  • Guaranteed issue policies available
  • Coverage for end-of-life expenses
  • Cash value accumulation with some policies


  • Lower death benefits than traditional life insurance policies
  • Limited policy options and coverage amounts
  • May not cover all end-of-life expenses
  • May have age restrictions or health requirements

Ultimately, the key to finding the best burial insurance policy is to do your research and choose a reputable and trustworthy insurance company.

With the information and resources available in this article, you can make an informed decision and feel confident that you have chosen the best burial insurance policy for your needs.

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Reviewing Your Current Policy

Additionally, it’s important to review your burial insurance policy regularly to ensure that it still meets your needs and covers any changes in funeral and burial costs.

If you have any questions or concerns about your policy, don’t hesitate to contact your insurance company for assistance.

Finally, keep in mind that burial insurance is just one part of your overall financial plan.

Consider working with a financial advisor to create a comprehensive plan that includes retirement savings, estate planning, and other financial goals.

Overall, by taking the time to research and compare burial insurance companies and policies, you can find the best coverage for your needs and ensure that your final expenses are covered.

Other Options

In addition to burial insurance, there are other options for covering final expenses, such as preneed funeral plans and traditional life insurance policies.

Preneed funeral plans allow you to prepay for funeral and burial expenses, while traditional life insurance policies can provide more comprehensive coverage for your loved ones after you pass away.

When choosing the best option for you, it’s important to consider your individual needs and budget.

Burial insurance may be the best choice if you’re looking for affordable coverage specifically for end-of-life expenses, while preneed funeral plans or traditional life insurance policies may be a better fit if you want more comprehensive coverage or the ability to prepay for your funeral expenses.

Ultimately, the most important thing is to make sure that your final expenses are covered so that your loved ones aren’t burdened with these costs during an already difficult time.

By doing your research and working with a reputable insurance company, you can find the best coverage for your needs and gain peace of mind knowing that your final expenses are taken care of.

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Q: What is the difference between burial insurance and traditional life insurance?

A: Burial insurance policies typically have lower death benefits and premiums than traditional life insurance policies, and are specifically designed to cover end-of-life expenses like funeral and burial costs.

Q: Do I need burial insurance if I already have life insurance?

A: It depends on the coverage amount of your existing policy and whether it provides adequate coverage for end-of-life expenses. Burial insurance can be a useful supplement to traditional life insurance policies to ensure that your loved ones have the financial means to cover your final expenses.

Q: How much burial insurance coverage do I need?

A: The amount of burial insurance coverage you need will depend on factors like your age, health status, and the cost of funeral and burial expenses in your area. A reputable burial insurance company can help you determine the appropriate coverage amount for your needs.

Q: Can I get burial insurance if I have pre-existing health conditions?

A: Yes, many burial insurance companies offer guaranteed issue policies that do not require a medical exam or health screening. However, these policies may have higher premiums and lower coverage amounts.


Choosing the best burial insurance company is an important decision that requires careful consideration of factors like affordability, policy features, and customer satisfaction.

By researching the top-rated burial insurance companies and comparing rates and policy options, you can find the best burial insurance policy for your needs and ensure that your final expenses are covered.

More Burial Insurance Resources