One important component of financial planning involves accounting for end-of-life expenses, and seniors hoping to spare their families from unexpected financial hardship would do well to prepare for these costs. Funeral insurance (also called final expense insurance) is a form of life insurance to cover funeral and burial costs. Funeral insurance for seniors can be a practical option for achieving peace of mind for both themselves and their families.

What is Funeral Insurance?

Funeral insurance is a type of permanent life insurance that covers funeral and burial costs.