Final Expense insurance is commonly referred to as burial insurance, and it is a type of whole life insurance designed to cover funeral and burial expenses, memorial service expenses, medical bills, etc. Death benefits usually range from $5,000 - $45,000 so the coverage amounts are quite small compared to traditional life insurance policies. Features of Final Expense Insurance Death benefits typically range from $5,000 - $45,000 making it a more accessible and affordable poli