Frequently Asked Questions About Final Expense Insurance
Everything You Need to Know About Final Expense Insurance in Plano, TX
Final expense insurance is a financial planning tool designed to help cover funeral expenses, outstanding medical bills, and other end-of-life costs. Without a plan in place, loved ones may face unexpected financial stress during a difficult time.
At Doyle Assurance Group, we specialize in helping families in Plano, TX, Dallas, and the DFW Metroplex find affordable, reliable final expense insurance policies. Below, we’ve answered the most frequently asked questions to guide you in making the right choice.
Frequently Asked Questions About Final Expense Insurance
What is final expense insurance, and who should consider it?
➡ Final expense insurance, also known as burial insurance or funeral insurance, is a whole life policy that helps pay for funeral costs and related expenses. It is ideal for individuals who want to protect their families from financial strain.
✔ Covers funeral services, medical bills, and outstanding debts
✔ Available to individuals of all health backgrounds
✔ Provides a guaranteed benefit to ease financial burdens
How does final expense insurance differ from traditional life insurance?
➡ Final expense insurance is designed specifically for end-of-life expenses, while traditional life insurance is often used for income replacement and large financial obligations.
✔ Lower coverage amounts (typically $5,000–$50,000)
✔ No medical exam required for most policies
✔ Affordable premiums that remain fixed for life
Do I need a medical exam to qualify for final expense insurance?
➡ Most final expense policies do not require a medical exam. Instead, insurers ask a few health-related questions, making it easier to qualify.
✔ No in-person medical exams
✔ Fast approval process—some policies activate within 24 hours
✔ Available for individuals with pre-existing health conditions
How can my beneficiaries use the death benefit?
➡ The payout from final expense insurance can be used for any financial need, including:
✔ Funeral and burial costs
✔ Medical bills, legal fees, or outstanding debts
✔ Household expenses to support surviving family members
Beneficiaries have full flexibility on how to use the tax-free payout.
How much does final expense insurance cost?
➡ The cost of final expense insurance depends on your age, health, gender, and chosen coverage amount. Premiums remain fixed for life.
✔ Plans start at as little as $20 per month
✔ No rate increases once locked in
✔ Affordable options for seniors and individuals with health concerns
How much final expense insurance coverage do I need?
➡ The right amount depends on funeral costs, outstanding bills, and any financial support needed for loved ones.
✔ $10,000–$15,000 covers a basic funeral and burial
✔ $20,000–$50,000 provides additional funds for medical bills and estate planning
✔ Doyle Assurance Group offers personalized consultations to determine the best coverage for you
Does Medicare cover funeral expenses?
➡ No, Medicare does not cover funeral costs or provide funds for burial expenses.
✔ Social Security may provide a one-time death benefit of $255
✔ Families are responsible for any remaining expenses
✔ Final expense insurance ensures financial protection for loved ones
Can I change my policy or beneficiaries after purchasing?
➡ Yes! Most final expense policies allow beneficiary updates and coverage adjustments at any time.
✔ Beneficiaries can be changed at any time
✔ Policy amounts may be adjusted with insurer approval
✔ Regular policy reviews help ensure it meets your final wishes
How do I apply for final expense insurance with Doyle Assurance Group?
➡ Applying is quick and easy, and we guide you through the process:
✔ Free consultation to discuss your coverage needs
✔ Simple application process with no medical exams required
✔ Fast approvals—some policies activate within 24 hours
Doyle Assurance Group makes it easy to secure affordable final expense coverage.
Get the Peace of Mind You Deserve Today
Planning for final expenses ensures your loved ones are financially protected. Whether you need burial insurance, funeral coverage, or a simple way to ease financial burdens, Doyle Assurance Group is here to help.