Final Expense Life Insurance Cost: What You Can Expect in 2025

Final expense life insurance costs range from $30 to $70 per month for most seniors. Premiums vary based on age, health, gender, and coverage amount, but these policies remain affordable for those seeking to secure end-of-life expenses.

What Is Final Expense Life Insurance?

Final expense life insurance is a whole life policy designed to cover end-of-life costs such as funerals, medical bills, and small debts. It typically provides coverage between $5,000 and $25,000, offering peace of mind to families during difficult times.

Average Monthly Premiums by Age

The table below shows average costs based on a $10,000 policy:

Age	Male (Non-Smoker)	Female (Non-Smoker)
50	$30	$25
60	$40	$32
70	$55	$45
80	$85	$70

These averages reflect rates offered by top insurers such as Choice Mutual and Aflac.

Factors That Affect Final Expense Insurance Cost

Several key factors determine your monthly premium:

Age: The older you are, the higher the cost.
Gender: Women usually pay less than men.
Health: Simplified underwriting means no medical exams, but preexisting conditions still affect price.
Smoking Status: Smokers pay up to 50% more than non-smokers.

Why It’s Worth the Investment

In 2024, the NFDA reported that the average funeral cost exceeded $9,000. A final expense policy ensures your loved ones aren’t burdened with this bill during an emotional time.

How North Star Insurance Advisors Can Help

North Star Insurance Advisors specializes in affordable, over-the-phone final expense coverage. We help seniors nationwide secure life insurance quickly with no in-person appointments.

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