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Final Expense Insurance

Will my final expense insurance premium ever go up?

Usually not. Most final expense policies are level-premium whole life insurance, which means the premium is set when the policy is issued and is designed not to increase because of age or later health changes. Confirm that your specific policy is level-premium before you buy.

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Key details about final expense insurance

This is different from some other insurance products, like certain term policies that renew at higher rates, so final expense coverage offers predictable, level payments for budgeting purposes.

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Your payment can change if you change the policy, such as adding or removing a rider or adjusting the coverage amount, so review the policy terms for anything that could affect the premium.

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