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Final Expense vs. Term Life
Both policies can protect your family, but they serve different goals. Final Expense is lifetime coverage sized for funeral and end‑of‑life costs; term life is temporary coverage typically sized for income replacement or debts.
| Feature | Final Expense | Term Life |
|---|---|---|
| Coverage length | Lifetime (whole life) | 10–30 years (temporary) |
| Medical exam | No exam for most; health questions | Often required, especially for larger amounts |
| Typical amount | $5,000–$35,000 | $100,000+ |
| Premiums | Fixed for life | Level during term, then ends or increases |
| Primary use | Funeral and final expenses | Income replacement, mortgage, debts |
Choosing between them depends on your goal. If your priority is funeral costs and a simple application, Final Expense may fit best.