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What is the most important aspect of making a purchase? I would argue there are multiple but the item that is at the top of most senior’s list is the price!
An insurance professional can show you the best products on the market but if you cannot make the payments every month then what the product can do is irrelevant.
Social Security only provides $255 for your end of life expenses, this fact makes it even more important to find the best price.
In this article, get ready to comb through the best prices for Funeral Insurance.
Funeral Insurance Quotes Online
When searching for a quote online it can be confusing and overwhelming. We are here to make it simple. Read this article to get a general idea of the price you should expect to pay.
Or use our personalized online quote machine to get a more accurate price for your specific age, gender, and state.
How Much Does it Cost for Funeral Insurance?
The average price someone pays is $50 – $70 per month with the average death benefit being $10,000. However, the price will vary from person to person depending on the coverage amount, age, gender, and health of the proposed insured.
The reason for the typical coverage amount being $10,000 is because, in the United States, the average funeral costs are $7,643 for a burial and $6,280 for cremation. Not included in these price averages are a cemetery plot or grave marker.
Funeral expenses vary based upon location and the individual selections made throughout the process. For example, a casket ranges from $1,000 on the low end to well over $10,000. This is just one of many items that are necessary to factor into funeral expenses.
Funeral Insurance Quote Range
Below is a price chart that shows the range that people will pay for funeral insurance based upon age and coverage amount.
As you can see, prices for seniors over 80 are going to be much higher than prices for seniors over 70. This is how age plays into pricing.
The lower the price within your age range, the better health you need to be in to qualify.
Smoking vs. non-smoking also plays a role, there are charts that illustrate both cases.
MaleMonthly Premiums Non-Smoking Rates | |||
---|---|---|---|
Age | $10,000 | $15,000 | $20,000 |
45 | $26 – $46 | $37 – $68 | $48 – $89 |
50 | $29 – $58 | $42 – $77 | $55 – $101 |
55 | $35 – $65 | $51 – $84 | $67 – $125 |
60 | $43 – $69 | $62 – $99 | $82 – $138 |
65 | $56 – $86 | $82 – $125 | $108 – $184 |
70 | $73 – $117 | $108 – $150 | $143 – $215 |
75 | $99 – $169 | $148 – $207 | $196 – $303 |
80 | $133 – $246 | $197 – $368 | $262 – $539 |
85 | $183 – $322 | $273 – $473 | $363 – $693 |
FemaleMonthly Premiums Non-Smoking Rates | |||
---|---|---|---|
Age | $10,000 | $15,000 | $20,000 |
45 | $22 – $34 | $32 – $49 | $42 – $64 |
50 | $24 – $46 | $35 – $53 | $46 – $74 |
55 | $28 – $51 | $41 – $64 | $54 – $95 |
60 | $33 – $53 | $48 – $74 | $62 – $110 |
65 | $41 – $65 | $60 – $91 | $79 – $135 |
70 | $53 – $84 | $78 – $110 | $103 – $164 |
75 | $72 – $123 | $107 – $160 | $141 – $235 |
80 | $98 – $175 | $146 – $262 | $194 – $383 |
85 | $132 – $232 | $202 – $298 | $269 – $437 |
MaleMonthly Premiums Smoking Rates | |||
---|---|---|---|
Age | $10,000 | $15,000 | $20,000 |
45 | $36 – $49 | $53 – $72 | $69 – $95 |
50 | $38 – $69 | $56 – $89 | $73 – $108 |
55 | $48 – $82 | $70 – $121 | $92 – $142 |
60 | $56 – $103 | $83 – $153 | $109 – $184 |
65 | $67 – $128 | $99 – $190 | $131 – $252 |
70 | $86 – $174 | $127 – $259 | $169 – $344 |
75 | $111 – $227 | $165 – $339 | $219 – $451 |
80 | $145 – $328 | $216 – $490 | $287 – $653 |
85 | $283 – $356 | $423 – $493 | $563 – $656 |
FemaleMonthly Premiums Smoking Rates | |||
---|---|---|---|
Age | $10,000 | $15,000 | $20,000 |
45 | $29 – $39 | $41 – $57 | $54 – $75 |
50 | $31 – $52 | $45 – $69 | $59 – $91 |
55 | $38 – $59 | $56 – $83 | $73 – $112 |
60 | $45 – $67 | $104 – $164 | $87 – $130 |
65 | $55 – $86 | $80 – $128 | $106 – $169 |
70 | $70 – $111 | $104 – $164 | $137 – $218 |
75 | $96 – $151 | $143 – $231 | $189 – $307 |
80 | $121 – $215 | $180 – $320 | $239 – $426 |
85 | $192 – $263 | $287 – $334 | $381 – $444 |
Who has the Best Funeral Insurance?
Since, as you can see, the price fluctuates based upon several factors, the best policy can be very different from one person to the next. What you want to look for in policies from whole life insurance companies is that they are financially stable and provide coverage immediately at a low monthly cost.
It is not always possible to qualify for immediate coverage based on your health. This is where an agent experienced in whole life insurance companies is especially important to find the most optimized plan.
Is it Worth Getting Funeral Insurance?
Insurance to cover funeral costs is essential as the financial burden will otherwise fall upon your loved ones. Having the peace of mind that your funeral expenses will be taken care of is always worth it.
It is important to do the math on how much coverage your family will need to cover your funeral costs and what the monthly payments are. You will then need to decide if, given your financial situation, coverage is deserving.
If you have existing life insurance getting additional funeral coverage may or may not be worth it based on if the existing policy is term life or whole life coverage. If you currently have a term life policy from a company like AARP, understand that it will expire at the end of the term or once you reach a certain age. You do not want your family to be caught off-guard assuming you have coverage just to learn that it has expired and they are now responsible for the funeral services.
Your loved ones are deserving of holding a financially worry-free funeral or cremation to honor your legacy.
5 Best Funeral Insurance Companies
The list below is of the top 5 whole life insurance companies. We compiled this list by looking at a combination of the health conditions accepted (underwriting) and price.
The policies from the whole life insurance companies below are in order from strict underwriting to more lenient underwriting and includes the top guaranteed acceptance plan.
#1 Mutual of Omaha Living Promise (Level)
Mutual of Omaha’s Level plan is designed for the healthiest of individuals.
With no waiting period and rock bottom prices, you will be hard-pressed to find a plan that is more well respected in the industry.
Quick Plan Facts
- Plan Name: Living Promise Level
- Age Eligibility: 45 – 85
- Death Benefit Size: $2,000 – $40,000
- Health Questions: Yes
- Waiting Period for Benefits: None
- States Covered: 49 states & DC (excluding NY)
- A.M. Best Financial Rating: A+ (superior)
Is this Mutual of Omaha plan Right for Me?
If you do not have any major health concerns we recommend this product.
Visit the blog section under the main menu to read a full review of this plan.
Quotes:
MaleMonthly Premiums Non-Smoking Rates | |||
---|---|---|---|
Age | $10,000 | $15,000 | $20,000 |
45 | $27 | $39 | $51 |
50 | $30 | $44 | $58 |
55 | $35 | $52 | $69 |
60 | $44 | $64 | $84 |
65 | $56 | $83 | $110 |
70 | $75 | $110 | $146 |
75 | $100 | $148 | $197 |
80 | $140 | $208 | $276 |
85 | $193 | $288 | $382 |
FemaleMonthly Premiums Non-Smoking Rates | |||
---|---|---|---|
Age | $10,000 | $15,000 | $20,000 |
45 | $23 | $32 | $42 |
50 | $24 | $35 | $45 |
55 | $28 | $40 | $52 |
60 | $33 | $48 | $63 |
65 | $41 | $60 | $79 |
70 | $53 | $78 | $103 |
75 | $72 | $107 | $142 |
80 | $98 | $145 | $194 |
85 | $136 | $202 | $269 |
MaleMonthly Premiums Smoking Rates | |||
---|---|---|---|
Age | $10,000 | $15,000 | $20,000 |
45 | $36 | $53 | $69 |
50 | $38 | $56 | $73 |
55 | $48 | $70 | $92 |
60 | $60 | $88 | $109 |
65 | $80 | $118 | $156 |
70 | $107 | $159 | $212 |
75 | $145 | $216 | $287 |
80 | $206 | $308 | $409 |
85 | $283 | $423 | $563 |
FemaleMonthly Premiums Smoking Rates | |||
---|---|---|---|
Age | $10,000 | $15,000 | $20,000 |
45 | $29 | $42 | $55 |
50 | $32 | $46 | $60 |
55 | $39 | $56 | $74 |
60 | $45 | $66 | $87 |
65 | $57 | $83 | $110 |
70 | $74 | $110 | $146 |
75 | $100 | $148 | $197 |
80 | $135 | $201 | $267 |
85 | $192 | $287 | $381 |
#2 Foresters Financial PlanRight (Preferred)
Clients who are in good health will be right for this product. Offering immediate coverage and great additional benefits this product is a top option!
Quick Plan Facts
- Plan Name: PlanRight Level
- Age Eligibility: 50 – 85
- Death Benefit Size: $5,000 – $35,000 (depending on age)
- Health Questions: Yes
- Waiting Period for Benefits: None
- States Covered: All 50 & DC
- A.M. Best Financial Rating: A (excellent)
Is this Foresters PlanRight Best for Me?
Again, this is a top-tier product so you should only apply for this plan if you have not had any major health concerns within the past two years.
Visit the blog section under the main menu to read further about this plan.
Quotes:
MaleMonthly Premiums Non-Smoking Rates | |||
---|---|---|---|
Age | $10,000 | $15,000 | $20,000 |
45 | NA | NA | NA |
50 | $32 | $46 | $61 |
55 | $37 | $54 | $71 |
60 | $45 | $66 | $87 |
65 | $55 | $81 | $106 |
70 | $71 | $104 | $138 |
75 | $103 | $152 | $202 |
80 | $147 | $219 | $290 |
85 | $201 | $300 | NA |
FemaleMonthly Premiums Non-Smoking Rates | |||
---|---|---|---|
Age | $10,000 | $15,000 | $20,000 |
45 | NA | NA | NA |
50 | $26 | $38 | $49 |
55 | $31 | $45 | $59 |
60 | $35 | $52 | $68 |
65 | $41 | $60 | $79 |
70 | $52 | $76 | $101 |
75 | $75 | $111 | $147 |
80 | $111 | $165 | $219 |
85 | $166 | $247 | NA |
MaleMonthly Premiums Smoking Rates | |||
---|---|---|---|
Age | $10,000 | $15,000 | $20,000 |
45 | N/A | N/A | N/A |
50 | $38 | $55 | $73 |
55 | $45 | $65 | $86 |
60 | $52 | $77 | $102 |
65 | $65 | $96 | $126 |
70 | $76 | $112 | $148 |
75 | $105 | $156 | $207 |
80 | $149 | $222 | $294 |
85 | $210 | $314 | N/A |
FemaleMonthly Premiums Smoking Rates | |||
---|---|---|---|
Age | $10,000 | $15,000 | $20,000 |
45 | N/A | N/A | N/A |
50 | $38 | $55 | $73 |
55 | $45 | $65 | $86 |
60 | $52 | $77 | $102 |
65 | $65 | $96 | $126 |
70 | $76 | $112 | $148 |
75 | $105 | $156 | $207 |
80 | $149 | $222 | $294 |
85 | $210 | $314 | N/A |


#3 Royal Neighbors of America SIWL (Level)
If you are looking for a plan that offers first-day coverage but is a little more lenient than the other plans when it comes to health, this plan may be the right decision.
Due to the health questions not being as strict, this comes with a trade-off. This trade-off is a slightly higher price point than the previous two plans we listed.
Quick Plan Facts
- Plan Name: Simplified Issue Whole Life
- Age Eligibility: 50 – 75
- Death Benefit Size: $7,000 – $35,000
- Health Questions: Yes
- Waiting Period for Benefits: None
- States Covered: 43 states & DC (excluding AL, AK, HI, LA, MA, NH, NY)
- A.M. Best Financial Rating: A- (excellent)
Is this Royal Neighbors Plan Right for Me?
If you have specific health conditions like diabetes, this plan would be a great choice.
But remember with more lenient health questions comes a higher monthly premium.
Visit the blog section to read a full review of this company and plan.
Quotes:
MaleMonthly Premiums Non-Smoking Rates | |||
---|---|---|---|
Age | $10,000 | $15,000 | $20,000 |
45 | N/A | N/A | N/A |
50 | $40 | $58 | $77 |
55 | $46 | $68 | $90 |
60 | $50 | $74 | $98 |
65 | $59 | $87 | $115 |
70 | $75 | $111 | $147 |
75 | $110 | $164 | $218 |
80 | $154 | $229 | $305 |
85 | $213 | $318 | $423 |
FemaleMonthly Premiums Non-Smoking Rates | |||
---|---|---|---|
Age | $10,000 | $15,000 | $20,000 |
45 | N/A | N/A | N/A |
50 | $34 | $49 | $65 |
55 | $38 | $55 | $72 |
60 | $38 | $56 | $74 |
65 | $45 | $66 | $87 |
70 | $56 | $82 | $109 |
75 | $80 | $118 | $157 |
80 | $110 | $164 | $218 |
85 | $149 | $222 | $295 |
MaleMonthly Premiums Smoking Rates | |||
---|---|---|---|
Age | $10,000 | $15,000 | $20,000 |
45 | N/A | N/A | N/A |
50 | $52 | $76 | $101 |
55 | $61 | $90 | $119 |
60 | $68 | $100 | $132 |
65 | $83 | $123 | $163 |
70 | $110 | $164 | $218 |
75 | $157 | $234 | $311 |
80 | $206 | $308 | $410 |
85 | $287 | $429 | $571 |
FemaleMonthly Premiums Smoking Rates | |||
---|---|---|---|
Age | $10,000 | $15,000 | $20,000 |
45 | N/A | N/A | N/A |
50 | $46 | $68 | $90 |
55 | $52 | $77 | $102 |
60 | $54 | $79 | $105 |
65 | $63 | $93 | $124 |
70 | $78 | $116 | $154 |
75 | $105 | $157 | $208 |
80 | $142 | $211 | $280 |
85 | $193 | $288 | $383 |
#4 Guarantee Trust Life Heritage (Graded)
This plan is meant for seniors with past health concerns but is able to answer five health questions.
Coverage comes with a two-year waiting period and the following policy payout structure during this time.
- Death Benefit in year 1 – premiums paid plus 5%
- Death Benefit in year 2 – 50% of the face amount
- Death Benefit in year 3 and beyond – 100% of the face amount
The Heritage funeral policy will even cover conditions like Congestive Heart Failure.
Quick Plan Facts
- Plan Name: The Heritage Plan
- Age Eligibility: 40 – 90
- Death Benefit Size: $2,500 – $25,000
- Health Questions: Yes
- Waiting Period for Benefits: 2-years
- States Covered: 48 states & DC (excluding CA & NY)
- A.M. Best Financial Rating: A- (excellent)
Is this Plan from Guarantee Trust Life Best for Me?
If you have had any specific major surgeries or serious health conditions this product would be a great choice.
Visit the blog section to read further about our review of this plan.
Quotes:
MaleMonthly Premiums | |||
---|---|---|---|
Age | $10,000 | $15,000 | $20,000 |
45 | $47 | $68 | $89 |
50 | $51 | $74 | $97 |
55 | $55 | $80 | $106 |
60 | $67 | $99 | $131 |
65 | $80 | $118 | $156 |
70 | $102 | $150 | $199 |
75 | $139 | $206 | $274 |
80 | $232 | $346 | $461 |
85 | $300 | $449 | $597 |
FemaleMonthly Premiums | |||
---|---|---|---|
Age | $10,000 | $15,000 | $20,000 |
45 | $34 | $49 | $64 |
50 | $36 | $52 | $67 |
55 | $42 | $62 | $81 |
60 | $51 | $74 | $97 |
65 | $60 | $88 | $116 |
70 | $73 | $108 | $142 |
75 | $102 | $151 | $201 |
80 | $165 | $245 | $326 |
85 | $191 | $284 | $377 |
#5 AIG (Guaranteed Issue)
When looking at Guaranteed Issue plans it is important to know when this type of plan is necessary and when it is not.
Only move forward with this product if you have one of the following conditions:
- AIDS, ARC, HIV
- Bedridden
- Confined to hospital, nursing home, mental care, or Long Term Care facility
- On Hospice
- Diagnosed with a terminal illness
- Currently have or receiving treatment for invasive cancer
- In the past 24 months diagnosed with: Alzheimer’s, Dementia or Memory Loss, receiving Kidney Dialysis, 24-hour Continuous Oxygen use, Implanted Difibulator, or Organ Transplant
If you do not have any of these conditions you will be able to qualify for a better, less expensive plan.
If you do have one of these conditions this is the best plan you will find that asks no medical questions.
Quick Plan Facts
- Plan Name: Guaranteed Issue
- Age Eligibility: 50 – 80
- Death Benefit Size: $5,000 – $25,000
- Health Questions: No
- Waiting Period for Benefits: 2-years
- States Covered: 49 states & DC (excluding NY)
- A.M. Best Financial Rating: A (excellent)
Is this Guaranteed Issue Plan from AIG Best for Me?
You should only pursue this plan if you have one of the above listed serious or chronic conditions.
Visit the blog section to read further about this plan from AIG.
Quotes:
MaleMonthly Premiums | |||
---|---|---|---|
Age | $10,000 | $15,000 | $20,000 |
45 | N/A | N/A | N/A |
50 | $52 | $77 | $102 |
55 | $57 | $84 | $125 |
60 | $63 | $94 | $138 |
65 | $84 | $125 | $185 |
70 | $98 | $146 | $215 |
75 | $139 | $207 | $303 |
80 | $246 | $369 | $539 |
85 | N/A | N/A | N/A |
FemaleMonthly Premiums | |||
---|---|---|---|
Age | $10,000 | $15,000 | $20,000 |
45 | N/A | N/A | N/A |
50 | $36 | $53 | $74 |
55 | $43 | $64 | $95 |
60 | $50 | $74 | $110 |
65 | $62 | $91 | $135 |
70 | $75 | $111 | $164 |
75 | $107 | $160 | $235 |
80 | $175 | $262 | $384 |
85 | N/A | N/A | N/A |
How do You Buy Funeral Insurance?
Funeral Insurance can be purchased through three different avenues; directly from the company, from a captive agent, or from an independent agency. In order to qualify for the best fitting plan that takes your health into consideration, it is best to work with an independent agent.
Fill out the instant insurance quote calculator and an agent will be in touch.
Typically funeral policies that are purchased directly through the company are guaranteed acceptance which has a higher overall price. While this is not always the case, you will still be independently responsible to call around to compare pricing.
Captive agents represent one company only, even if there is a better option out there, these agents will not be able to sell it and probably will not even know about it. These are companies that often sell homeowners and car insurance too.
Independent agents are usually contracted with several different insurance companies. These agents have freedom in the plans they offer so they typically represent some of the best offerings on the market.
Why Willamette Life?
Funeral Insurance is the only product that Willamette Life sells. As an independent agency, this allows us to focus on one single area of the life insurance market.
Our agents are experts in the field and ultimately place you with the plan that is best for your specific circumstance.


Final Thoughts
a. After looking through Funeral Insurance Quotes Online, you should now have a solid idea of how much you should be paying per month.
b. Use the quote machine on this page to get a more accurate price for your specific age.
c. It is imperative that you work with a professional to make sure you get the best plan for your unique situation. Whether you are in great health or have an unfavorable diagnosis, an independent agency can help obtain the perfect plan for YOU.
At Willamette Life, our job is to match you with a product that is right for you and your family. We have access to many carriers and can find the right piece to the puzzle.
Call us at 844-576-0019
I’m the owner and founder of Willamette Life Insurance. Willamette Life specializes in Final Expense Insurance. We compare prices with different insurance carriers while finding the perfect match for your health and budget. This company was started to help educate the public on why Final Expense Insurance could be a great option for them and their family. We strive to be friendly, informative, and always have the client’s best interest as our top priority. Everything in this article is my own professional opinion and experiences I have had during my time in helping clients.