Compare Life Insurance Types Final Expense vs Whole Life vs Term Life

Understand the key differences between the three main types of life insurance to make the best choice for your family's protection.

📊 Quick Comparison

Coverage Amount

Final Expense
$5K-$50K
Whole Life
$25K-$10M+
Term Life
$100K-$5M+

Monthly Cost

Final Expense
$18-$150
Whole Life
$200-$800+
Term Life
$17-$300

Age Range

Final Expense
50-85
Whole Life
18-85
Term Life
18-75

Medical Exam

Final Expense
No
Whole Life
Usually
Term Life
Usually

Coverage Duration

Final Expense
Lifetime
Whole Life
Lifetime
Term Life
10-30 years

Cash Value

Final Expense
Limited
Whole Life
Yes, guaranteed
Term Life
None

Best For

Final Expense
Funeral costs
Whole Life
Permanent needs
Term Life
Temporary needs

Approval Time

Final Expense
24-48 hours
Whole Life
2-6 weeks
Term Life
2-6 weeks
🏥

Final Expense Insurance

Burial & Funeral Coverage

Coverage: $5K - $50K
Monthly Cost: $18 - $150
Age Range: 50-85
Medical Exam: No
Approval: 24-48 hours

✅ Benefits

  • • No medical exam required
  • • Quick approval (24-48 hours)
  • • Covers funeral and burial costs
  • • Guaranteed acceptance options
  • • Affordable monthly payments
Get Final Expense Quote
🛡️

Whole Life Insurance

Permanent Protection

Coverage: $25K - $10M+
Monthly Cost: $200 - $800+
Age Range: 18-85
Medical Exam: Usually
Approval: 2-6 weeks

✅ Benefits

  • • Lifetime coverage guaranteed
  • • Builds cash value over time
  • • Fixed premiums never increase
  • • Can borrow against cash value
  • • Tax-deferred growth
Get Whole Life Quote
⏰

Term Life Insurance

Temporary Protection

Coverage: $100K - $5M+
Monthly Cost: $17 - $300
Age Range: 18-75
Medical Exam: Usually
Approval: 2-6 weeks

✅ Benefits

  • • Maximum coverage for minimum cost
  • • Fixed premiums during term
  • • Convertible to permanent coverage
  • • Ideal for temporary needs
  • • High coverage amounts available
Get Term Life Quote

🤔 Which Type is Right for You?

Choose Final Expense If:

  • You're 50-85 years old
  • You want to cover funeral costs
  • You prefer no medical exam
  • You need quick approval
  • You want affordable monthly payments

Choose Whole Life If:

  • You want permanent protection
  • You want to build cash value
  • You can afford higher premiums
  • You want estate planning benefits
  • You want to leave a legacy

Choose Term Life If:

  • You need maximum coverage
  • You want the lowest cost
  • You have temporary needs
  • You're young and healthy
  • You want income replacement

Ready to Get Started?

Get your free, no-obligation quote in under 5 minutes.

🏥 Final Expense Quote 🛡️ Whole Life Quote ⏰ Term Life Quote