MY FINAL EXPENSE OPTIONS · COVERAGE GUIDE
How much final expense coverage should you consider?
Updated September 11, 2026 · General insurance education
Your starting point is the gap between the expenses you want to plan for and the resources already available for them. A coverage amount should fit both that goal and a premium you can maintain.
Build your own estimate
- List your wishes. Ask local providers for itemized prices for the arrangements you would prefer. Add other expenses you want to discuss, without assuming that every family member becomes responsible for every debt.
- Review available resources. Consider existing insurance and savings intended for these expenses. Check who can access those funds and when.
- Discuss the remaining gap. Bring your estimate and a comfortable monthly budget to a licensed agent.
An illustration, not a quote
If you chose a planning target of $12,000 and had $4,000 already set aside specifically for it, the difference would be $8,000. These numbers are invented for arithmetic only; they are not funeral price estimates, available policy amounts or a coverage recommendation.
Look beyond the initial premium
Ask what payments are required over time and which policy values are guaranteed. Compare existing coverage before considering a replacement, and do not cancel a current policy before understanding the new coverage. The NAIC outlines affordability and replacement questions.
Choose “Another amount / not sure” on our form if you want help organizing these questions. A requested amount is a conversation starting point, not an approved benefit.
This guide describes general concepts, not a particular insurer’s policy or a personal coverage recommendation. Availability, premiums, eligibility and benefits vary. Review your specific policy before purchasing. Read insurance disclosures.