Final Expense Insurance
New Jersey

At NJ Burial Insurance, we are known as the leading final expense company in the area. Our goal is to help prepare your family for your end-of-life costs.

What is Final Expense Insurance?

Also known as burial insurance, final expense insurance is used by seniors to cover funeral costs. Any excess death benefit can be used to pay outstanding medical bills, credit card debt, and other short-term financial obligations. Your beneficiaries can spend the policy’s payout for any purpose they want.

Buying final expense insurance protects your spouse and children from rising funeral and cremation costs. It’s a popular choice among seniors because of its low-cost premiums and great policy coverage.

Common Features of Final Expense Plans
Get a Free Final Expense Insurance Consultation and Quote

Choosing a final expense policy can be challenging. Give us a call to receive a free quote from our trusted agents.

Final Expense Insurance for Seniors

Most people buy traditional insurance policies like term insurance. This is intended for income replacement and other large financial responsibilities. It provides financial protection to your family in case of an unfortunate death.

For older adults, they usually don’t need life insurance since they have few financial obligations. Traditional life insurance isn’t needed as much. Instead, getting final expense insurance is more recommended.

Added financial burden for Family

We all know how stressful funeral planning is. It’s very difficult to grieve while dealing with the arrangements of a loved one’s passing. Moreover, final arrangements can be quite expensive. According to the National Funeral Directors Association, the average funeral cost is around $10,000. The family members left behind will be the ones to carry out any final wishes and burial costs.

When the surviving family has no way to pay for these expenses, the financial burden will add to their intense grief. That’s why final expense life insurance can take some burden off your family’s shoulders.

Best for Seniors without traditional Life Insurance

If you’re a senior without traditional life insurance, you might need final expense insurance. This type of insurance is usually offered to people who are at least 50 years old. It’s a lot easier to qualify, even for people in poor health. Final expense policies do not require applicants to take a medical exam. You can just answer a few health-related questions before your insurance plan gets approved. 

This is what makes final expense insurance popular among seniors. Anyone can get a policy regardless of health and age. With final expense plans, your family can focus on grieving instead of stressing about funeral costs. Upon passing, your designated beneficiary will receive the death benefit as stated in your policy. Be sure to find the right insurance plan that will protect your family from such a financial burden.

FAQs About New Jersey Final Expense Insurance

Does it expire?

Final expense insurance is a whole life policy. It does not expire when you reach a certain age. As long as you keep up with your premiums, it is guaranteed to cover your funeral or cremation costs.

Do I need a medical exam?

Taking a medical exam isn’t required to qualify for final expense insurance. Applicants are asked about age, smoking history, and other health questions.

In fact, final expense policies are best suited for people with health issues. The coverage will be approved as long as they fit the age requirements.

What features are included?

Riders are additional features in your final expense policy. Depending on your insurance company, you can request add-ons that can benefit your surviving loved ones. These added features include child riders, accidental death and dismemberment, or funeral discounts.

Remember that no two insurance policies are the same. There’s no one-size-fits-all policy in burial and final expense insurance. To check the benefits of your final expense policy, consult with an experienced insurance agent.

In what ways can it be used?

Facing the death of a loved one can be overwhelming and stressful. We have to deal with grief and handle any end-of-life costs. This is where final expense insurance comes in. Upon the insured’s passing, funds from the policy are immediately available for the family.

Since the final expense benefit goes straight to the beneficiary, they can freely choose how to spend it. Aside from funeral costs, the death benefit can be used for the following purposes:

>> Medical bills
>> Probate fees
>> Credit card debt
>> Mortgage payments
>> Outstanding loans

How much does final expense insurance cost?

On average, the final expense policy costs between $30 to $70 per month. The insurance premium depends on several factors. Your age, sex, and coverage amount will determine how much money you will pay. Your premiums can be higher or lower based on these factors.

To get the most value, it’s better to get a final expense policy as early as possible. A 55-year-old individual would pay around $56 per month. On the other hand, a 75-year-old applicant might qualify for insurance rates in the $85-$120 range. At a young age, the younger applicant would get a lower premium because they have a significantly longer life expectancy. A few extra dollars a month could make a big difference.

As insurance experts, we recommend you shop around and compare your options. This way, you can get better coverage and find better rates for your final expense policy.

How much does a funeral cost?

In the United States, the median funeral expenses are around $10,000. Even a basic funeral can cost thousands of dollars. Every year, the rates are on the rise and will continue to do so. So, why not try to save for funeral arrangements while you can?

Final expense insurance allows you to plan and pay for your funeral in advance. This can relieve stress from your loved ones when you have passed. Once the death payout is already available, your beneficiaries can use the money to pay for the funeral expenses. They also have the option to use your policy’s lump sum however they want.

Here’s a list of the average funeral costs per service, according to the National Funeral Directors Association (NFDA):

Funeral Service Fee


Funeral Home Rental


Funeral Home Staff


Cosmetic Services




Burial Vault




Cremation Casket








Grave Marker

$200 – $400

Opening and Closing of the Grave

$300 – $1,000

Is final expense insurance necessary? Who is it for?

Final expense policies aren’t right for everyone. However, it is an appealing choice for individuals wishing to cover their end-of-life expenses. From cremation expenses to burial plot, this insurance provides a guaranteed payout for your final arrangements. You will be benefiting from final expense insurance if you are the following:

Option for for people with life-threatening health conditions

Even those with pre-existing conditions can get final expense insurance. Some companies provide coverage for people with life-threatening health conditions. However, the only option available is guaranteed issue insurance. This has a compulsory waiting period of two years. After the waiting period, the policyholder will receive the full death benefit.

Keep in mind that the final expense is for protection, not income replacement. It will only provide you with a more elaborate send-off. When your loved ones get the death benefit payout, the money pays off final expenses. If there is anything left, your family can keep it.

Conditions where final expense insurance is not advisable

Final expense insurance is not advisable for some people. If you or your family have enough savings, you may not need to get a policy. You can simply use your savings to cover the cost of funeral and burial expenses.

Another instance is when you already have an insurance policy. It doesn’t matter if purchased it on your own or received the policy from your employer. Your policy’s death benefit might already be enough to cover funeral expenses. A new final expense plan might just be an unnecessary cost for you.

Pros and Cons of Final Expense Insurance

Before you sign any insurance policy, it’s very important to weigh down its benefits.



Get a Free Final Expense Insurance Consultation and Quote

Choosing a final expense policy can be challenging. Give us a call to receive a free quote from our trusted agents.

How do I get final expense insurance in New Jersey?

First, you need to get a quote from an insurer in New Jersey. Research the insurance companies you’re interested in and contact them. By visiting their websites, you can receive a free no-obligation quote after filling out a form. Comparing different insurance policies in terms of coverage and premiums required. Once you’ve chosen an insurance provider, you may proceed with the application process.

Applicants are required to fill out an application, which can be up to 10 pages long. In the form, you will be answering several questions related to your health. You will be asked about your age, family history, lifestyle, and

Don’t worry if you have pre-existing conditions. Final expense insurance will not require taking a medical exam. All you need to do is fill out the medical questionnaire during the application process. Some companies require a blood and urine sample. With final expense, you can qualify for coverage regardless of your health condition.

We encourage you to be honest when answering these pre-qualifying questions. Even if you answer “yes” to one or more of these questions, you may still qualify for a final expense policy. People with pre-existing conditions won’t be declined by insurance companies. The best way to find out whether you qualify is by reaching out to a New Jersey insurance agent.

Pre-Qualifying Questions!

Are you diagnosed with HIV or AIDS?

Do you have any pre-existing conditions?

Are you currently bedridden, hospitalized, in a care facility, or receiving hospice care?

Have you had a stroke or heart attack?

Do you have congestive heart failure or disease of the circulatory system?

Do you have cancer?

Do you have Alzheimer’s disease or dementia?

Have you been treated for any of the conditions above in the last 2 years?

Have you been treated for any of the conditions above in the last 2 years?

Are you taking prescriptions? If yes, what are those?

What are your lifestyle habits?

Have you had alcohol or drug abuse?

FAQs About New Jersey Final Expense Insurance

What does it cover?

Your policy can help pay off a substantial amount of final expenses, including funeral service and cremation fees.

How is this different from life insurance?

Their main distinction is that the final expense offers a small face amount. This whole life insurance covers the costs associated with one’s passing. In final expense insurance, the death benefit can be up to $20,000. On the other hand, traditional life insurance has much higher death benefit payouts.

How does it work?

Like other types of insurance, there’s an application and review process. Once your policy has been approved, you may start paying your premium according to the terms. Most final expense plans have death benefit protection and a cash value component. The death benefit is paid to the primary beneficiary when the policyholder passes away.

What happens if there are excess funds left over?

Your beneficiaries can use the death benefit in any way they see fit. The cash payout may be used for burial fees, hospital bills, and credit card debt.

Can you get this for children?

Anyone can be a good candidate for final expense insurance. However, this plan is usually offered to individuals between 50 and 80 years old.

Let’s Get Started

Get the most affordable final expense insurance with the help of our agents!

Opening Hours
Monday - Saturday

Contact Details