An Alabama burial policy is an affordable tool to ensure your end-of-life costs don’t burden your loved ones.
Learn how these policies work, see sample costs, the best companies, and how much a funeral costs in AL.
How Does Final Expense Life Insurance Work?
A final expense life insurance plan is a small whole life policy that pays an immediate cash benefit to cover your final expenses.
No medical exams are required, and most companies offer about $50,000 in coverage or less.
The underwriting is very lenient, so senior citizens with health conditions can still obtain coverage.
While the payout from the policy is typically intended to pay for funeral expenses, the money can be spent on anything.
Your beneficiaries will receive a tax-free cash payment that has no restrictions on what they may spend it on.
And if they don’t use all the funds to pay for your funeral, they can keep what’s left over.
Since burial insurance plans for seniors are a type of whole life insurance, there’s a guarantee that they will never increase in cost or expire.
Also, they build cash value that you can borrow from any time you want.
Essentially, there are two basic types of plans you can buy. First, one type has health questions where your eligibility depends on your health history.
If approved, plans with health questions have no waiting period.
That means the insurance company would still have to pay out the full death benefit if you died after making your first payment.
The second option is a guaranteed acceptance final expense policy because there are no health questions.
With those, you cannot be denied due to pre-existing conditions.
Keep in mind that guaranteed acceptance options always have a two-year waiting period.
If you die of natural causes during the waiting period, the insurance provider will only refund your money plus a small amount of interest.
How Much Does Burial Insurance In Alabama Cost?
On average, a burial expense insurance policy will cost between $50-$100 per month for a $10,000 death benefit.
However, it’s important to remember that prices are calculated by your age, gender, state, health, tobacco habits, and how much coverage you want.
Therefore, your price might be higher or lower based on those factors.
Below is a table showing some sample funeral insurance quotes. All prices shown are monthly premiums.
| Age | Female $10,000 Simplified Issue (Monthly Rates) | Female $10,000 Guaranteed Acceptance (Monthly Rates) | Male $10,000 Simplified Issue (Monthly Rates) | Male $10,000 Guaranteed Acceptance (Monthly Rates) |
|---|---|---|---|---|
| 45 | $22 | $28 | $27 | $33 |
| 50 | $24 | $30 | $30 | $36 |
| 55 | $27 | $38 | $35 | $45 |
| 60 | $32 | $42 | $43 | $55 |
| 65 | $41 | $51 | $54 | $66 |
| 70 | $51 | $69 | $70 | $89 |
| 75 | $71 | $98 | $99 | $121 |
| 80 | $98 | $140 | $139 | $166 |
| 85 | $135 | $170 | $192 | $230 |
Best Funeral Insurance Companies In Alabama
All forms of insurance, including life insurance, are regulated by the states- not the federal government.
For that reason, final expense plans in the USA are different in each state.
Below is a list of the best burial insurance companies in Alabama.
| Insurance Company | Coverage & New Applicant Age Limits | Policy Type, Length & Product name |
|---|---|---|
 | Coverage: $2,000-$40,000 Age Range: 45-85 | Whole Life Insurance Lasts forever once issued "Living Promise"- Level (no waiting period) |
 | Coverage: $2,000-$50,000 Age Range: 40-89 | Whole Life Insurance Lasts forever once issued "Accendo"- Preferred (no waiting period) |
 | Coverage: $5,000-$35,000 Age Range: 50-85 | Whole Life Insurance Lasts forever once issued "PlanRight"- Preferred (no waiting period) |
 | Coverage: $1,000-$50,000 Age Range: 45-85 | Whole Life Insurance Lasts forever once issued "Immediate Solution"- Preferred (no waiting period) |
 | Coverage: $1,500-$35,000 Age Range: 50-80 | Whole Life Insurance Lasts forever once issued "New Vista"- Level (no waiting period) |
 | Coverage: $5,000-$25,000 Age Range: 50-80 | Whole Life Insurance Lasts forever once issued "Guaranteed Acceptance" (2 Yr waiting period) |
 | Coverage: $5,000-$40,000 Age Range: 50-85 | Whole Life Insurance Lasts forever once issued "Eagle Premier"- Level (no waiting period) |
 | Coverage: $3,000-$40,000 Age Range: 50-80 | Whole Life Insurance Lasts forever once issued "SIMPL"- Preferred (no waiting period) |
 | Coverage: $5,000-$25,000 Age Range: 50-80 | Whole Life Insurance Lasts forever once issued "Guaranteed Acceptance" (2 Yr waiting period) |
 | Coverage: $2,500-$50,000 Age Range: 50-85 | Whole Life Insurance Lasts forever once issued "Senior Choice"- Immediate (no waiting period) |
 | Coverage: $2,500-$25,000 Age Range: 50-80 | Whole Life Insurance Lasts forever once issued "Silver Guard I" (no waiting period) |
How Much Does A Funeral Cost In Alabama?
The most recent report from the National Funeral Directors Association indicates that a typical traditional funeral with a burial service, vault, and viewing costs about $10,000.
It also indicates that a cremation service with a viewing costs nearly $7,000.
Funerals are expensive, but you can significantly reduce the cost by opting for a direct cremation or burial.
A direct service has no memorial services. They just bury or cremate the body immediately without a viewing or any other service.
Below is a breakdown of how much a funeral costs in Alabama:
- Traditional burial service with a viewing: $7,271
- Direct burial: $3,838
- Cremation service with a viewing: $6,314
- Direct cremation: $2,016
Know Your Rights
Unfortunately, Alabama does not require that life insurance policies include a free look period.
A free-look period grants the policyholder the right to review and cancel their policy for any reason.
In addition, they are entitled to refund any premiums they may have paid.
While Alabama does not require a free-look period, nearly every insurer will voluntarily include one.
Be sure to ask your company if the policy includes a free-look period so you can cancel it if you change your mind.
How Choice Mutual Can Help
If you need burial insurance in Alabama, Choice Mutual insurance agency can help you find the best policy at the lowest price.
As an independent agency, we represent nearly 20 different insurance providers.
That allows us to compare offers from all the top companies in Alabama to find you the best one.
Our services are free, and you don’t pay more for the insurance since you bought it through a broker.
You’ll almost certainly save money by working with us because we shop the entire market on your behalf.
We have thousands of positive online reviews because our agents are friendly and helpful.
Call us at 1-800-644-2926.
