It’s possible to buy final expense insurance for a sibling.
However, you cannot do it alone. They must be involved in the process.
Learn the requirements and policy options, see sample prices, and how to apply.
Can You Buy Burial Insurance For Your Siblings?
Yes, you can buy final expense insurance for your brother or sister, provided they consent to the policy being issued.
Most burial insurance companies will allow you to purchase $2,000-$50,000 in coverage for a brother or sister.
They won’t have to take an exam, and some policies have no health questions (guaranteed approval).
You will be the payer and primary beneficiary of the policy; your sibling is merely the insured.
However, you can name someone as the beneficiary if you prefer someone else to receive the policy’s proceeds.
Also, you can name a contingent (backup/secondary) beneficiary.
That individual(s) would only receive the death benefit if you were not alive when your sibling died.
Requirements
Even though you’re the one paying for the policy on your sibling, it doesn’t by default mean you can do it all by yourself.
The following is required in order to buy a funeral insurance plan for your sibling:
- Their consent: They must agree to the policy being issued by signing the application.
- Insurable interest: This is another way of saying, how would you be financially impacted upon the insured’s death? If you’re seeking coverage for funeral costs, the financial impact is evident and requires no explanation. They are your brother/sister, and their end-of-life expenses would be a burden. Every final expense insurance company will allow you to buy a burial insurance plan for your sibling. There will be no questions about insurable interest, a financial burden, or anything else related to why you’re buying the coverage.
- Answers to health questions: If you opt for a plan with no waiting period, your sibling will need to answer health questions. When completing the formal application, you cannot answer the questions on their behalf. They must do it. Some plans have no health questions, but those cost much more and have a 2-year waiting period before they’re insured.
It’s perfectly acceptable to have a preliminary conversation with an agent to familiarize yourself with the cost and process.
However, you will need your sibling when you go to apply.
How Does Final Expense Insurance For A Sibling Work?
A senior final expense policy (often referred to as burial or funeral insurance) is a small life insurance policy designed to cover your end-of-life costs.
These plans don’t require an exam, and they approve most applicants despite having severe health issues.
A whole life policy is straightforward to explain:
- Prices will never change.
- Coverage will never decrease.
- The policy will never expire.
- Builds cash value that you can borrow.
Essentially, once the policy is issued, it will never change or end at any point (unless you stop making the payments).
Ultimately, the policy will pay out a tax-free cash payment directly to the beneficiary.
There are never any restrictions regarding how the beneficiaries spend the money.
So if you buy a funeral insurance policy for a sibling and don’t use all the money on the funeral, the leftover funds are yours to use any way you want.
No waiting period policies
Some funeral life insurance plans have a 2-3 year waiting period provision.
During this time, the insurance company would not pay out a death benefit for any non-accidental death.
Instead, they would reimburse all your premiums with interest (usually, it’s 10%).
At the same time, some plans have no waiting period.
The main thing to understand is that you must qualify for a policy with no waiting period.
Your brother or sister does not have to take a medical exam to get a no waiting period policy, but they will have to answer health questions.
Thankfully, most people can qualify for a no waiting period burial policy despite high-risk health ailments.
Please don’t assume your sibling can’t get an immediate coverage policy because they probably can.
Call us at 1-800-644-2926, and one of our agents can determine all your sibling’s options within 60 seconds.
Guaranteed acceptance coverage
Some companies like AIG or Gerber Life have plans which have no health questions.
With these policies, your acceptance is guaranteed.
Understand that a plan like this (no matter which insurance company you’re dealing with) will always have a 2-year waiting period since they know absolutely nothing about the insured’s health.
The thing is, sometimes, a guaranteed acceptance plan is your only option. While it’s not common, there are some situations where a no health question plan is indeed your only option.
Here are some example health issues where a guaranteed acceptance policy is your only path to a new insurance policy being issued:
- Dementia/Alzheimer’s
- Congestive heart failure
- Dialysis
- Past transplants
- Currently in a hospital or nursing facility
- AIDS or HIV
- Terminal illness
- Oxygen
- Confined to a wheelchair due to a chronic illness/disease
- Cancer within the last 12 months
- Your sibling won’t answer health questions
There are other situations where guaranteed issue life insurance is your only option, but that covers most of them.
Hopefully, it’s unnecessary, but take comfort in knowing that you can get a guaranteed acceptance policy as a last resort.
How To Apply For Funeral Insurance For A Sibling
Assuming your sibling has agreed to the policy being issued, the next step is to complete the application.
There are essentially three ways to apply.
- E-application: Your agent will gather all the data necessary to complete the application. If there are health questions, they will review them with your brother or sister. Then you and your sibling would get an email or a text to access the application. Then you guys both click a few buttons to apply your electronic signature. That will submit the application to the insurance company.
- Voice signature: Your agent collects all the data necessary to complete the application along with reading them the health questions (if any). Then you both will sign the application with your voice by saying something such as “Yes, I agree. My name is [your name] and today is [today’s date]”. That will complete the application and get it submitted to the insurance carrier.
- Paper application: While it’s rarely necessary, some situations warrant a paper application to be mailed to you so you can apply a wet signature. Once you both sign the application and send it back to your agent, they will submit it to the insurance company for processing. One thing to remember about paper applications is that you and your brother or sister must live close to one another. If you live in separate states, applying via paper is impossible. You both have to sign the application simultaneously (and you cannot sign for them).
Once an application is submitted (regardless of the method), you can anticipate a decision within 15 minutes to a few days.
After the policy is issued, expect to receive a paper version of the policy within 2-3 weeks.
If your sibling was approved for an immediate coverage plan, they would be fully insured upon making the first payment.
Sample Final Expense Rates
Final expense prices vary based on the insured’s exact age, gender, health, and how much coverage you buy.
On average, a burial insurance policy will cost $50-$100 per month for a $10,000-$15,000 policy.
Below is a table that outlines some sample prices.
You can also use the quoting tool on this page to see specific prices from multiple insurance companies in your state.
| Age & Gender | $5,000 | $10,000 |
|---|---|---|
| Female age 40 | $12 | $21 |
| Female age 45 | $13 | $23 |
| Female age 50 | $14 | $24 |
| Female age 55 | $15 | $28 |
| Female age 60 | $18 | $33 |
| Female age 65 | $22 | $41 |
| Female age 70 | $28 | $53 |
| Female age 75 | $37 | $71 |
| Female age 80 | $50 | $98 |
| Female age 85 | $70 | $136 |
| Female age 89 | $131 | N/A |
| Male age 40 | $14 | $25 |
| Male age 45 | $15 | $27 |
| Male age 50 | $17 | $31 |
| Male age 55 | $20 | $36 |
| Male age 60 | $23 | $43 |
| Male age 65 | $29 | $54 |
| Male age 70 | $37 | $70 |
| Male age 75 | $50 | $97 |
| Male age 80 | $69 | $135 |
| Male age 85 | $91 | $178 |
| Male age 89 | $180 | N/A |
| Source for monthly prices: Choice Mutual quote calculator. Rates valid as of 05/08/2024. | ||
Best Funeral Insurance Companies For A Sibling
There are dozens of final expense companies in the USA. Which one is best for your brother or sister depends on their unique situation.
That said, below are five of the top burial insurance companies to consider.
1) Mutual of Omaha 
- Coverage options: $2,000 -$50,000
- New applicant age range: 45-85
- 2-year waiting period: no (subject to underwriting approval)
- A.M. Best rating: A+ (Superior)
- First year in business: 1909
- Phone number to apply: 1-800-644-2926
Mutual of Omaha’s funeral insurance is easily the best on the market. If any of your family members can qualify, you should jump on it.
Their rates are low, they issue policies fast, and working with them is effortless. Without question, they have the best final expense insurance if you can qualify for it.
2) Aetna 
- Coverage options: $2,000 -$50,000 (varies by age)
- New applicant age range: 40-89
- 2-year waiting period: no (subject to underwriting approval)
- A.M. Best rating: A (excellent)
- First year in business: 1853
- Phone number to apply: 1-800-644-2926
Aetna’s final expense coverage has a unique product that will accept many serious health issues. It’s competitively priced, and applying with them is extremely easy.
In most cases, the application takes about five minutes to complete from start to finish.
Additionally, they are one of the best companies that provide final expense life insurance for seniors over 80.
3) Royal Neighbors of America 
- Coverage options: $7,000 -$30,000
- New applicant age range: 50-75
- 2-year waiting period: no (subject to underwriting approval)
- A.M. Best rating: A (excellent)
- First year in business: 1895
- Phone number to apply: 1-800-644-2926
Although they aren’t a common household name, Royal Neighbors final expense insurance is one of the best plans on the market.
They accept a lot of very high-risk health issues, such as diabetes. In fact, if your brother or sister has diabetes, Royal Neighbors is probably the best company for them.
Believe it or not, they even sell life insurance for minors.
4) American Amicable 
- Coverage options: $2,500-$50,000 (varies by age)
- New applicant age range: 50-85
- 2-year waiting period: no (subject to underwriting approval)
- A.M. Best rating: A (excellent)
- First year in business: 1910
- Phone number to apply: 1-800-644-2926
American Amicable’s burial insurance program has a smooth application process that yields an immediate underwriting decision within about 10 mins.
For smokers, their rates are among the lowest on the market.
They accept a lot of common health issues, so getting your sibling qualified with them is probable.
5) AIG 
- Coverage options: $5,000 -$25,000
- New applicant age range: 50-80
- 2-year waiting period: yes
- M. Best rating: A+ (Superior)
- First year in business: 1919
- Phone number to apply: 1-800-644-2926
AIG’s final expense coverage is guaranteed, so there are no health or lifestyle questions. AIG will deny your sibling because of their health. The downside is the 2-year waiting period (since it’s guaranteed acceptance).
As we mentioned earlier in this article, sometimes, a guaranteed issue policy is your only option. If your sibling falls in that category, AIG is the burial insurance company you need.
How Choice Mutual Can Help You
If you want final expense insurance for a sibling, we can take the headache out of this process and help you save money.
We’re an independent agency that represents over 15 differently highly rated final expense life insurance companies.
Our allegiance is to you, not the insurance companies. Our goal is to match you with whichever carrier will offer your brother or sister the best deal.
Well over 90% of burial insurance companies do not sell their coverage directly. They rely on agencies such as us to sell their products.
If you call us, one of our agents will ask you a few questions to determine which company would offer your sibling the best plan at the best price. Then they will assist you with the entire application from start to finish.
After your policy is issued, we’ll still always be here for any ongoing service issues you may need.
We have thousands of many satisfied customers. Check out some of the reviews below. These are real clients of ours who were more than happy.
You can reach us at 1-800-644-2926.
Frequently Asked Questions
Yes, you can buy burial insurance coverage for your brother, provided the consent to the policy. It’s perfectly acceptable that you pay for the insurance. However, the companies still require their signature on the application as affirmation that they agree to the policy being issued.
Buying burial insurance for a sibling is no different from buying coverage for yourself. The only difference is, two signatures (yours and theirs) are needed on the application instead of one. Even though you’re paying for it, their signature is still required since they are the insured.
You can buy burial insurance for someone else, but not without their knowledge and consent. It’s illegal to buy any form of life insurance on another individual without their participation in the application process.
Most people pay $50-$100 per month for a final expense policy. Remember that prices will be determined based on how much coverage you buy, your sibling’s age, health, and gender.
- Nationally licensed life insurance agent with over 15 years of experience
- Personal annual production that puts him in the top .001% out of all life insurance agents in the nation.
Anthony Martin is a nationally licensed insurance expert with over 15 years of experience and has personally served over 10,000 clients with their life insurance needs. He frequently authors entrepreneurial and life insurance content for Forbes, Inc.com, Newsweek, Kiplinger, and Entreprenuer.com. Anthony has been consulted as an expert life insurance source for dozens of high-profile websites such as Forbes, Bankrate, Reuters, Fox Business, CNBC, Investopedia, Insurance.com, Yahoo Finance, and many more.
- Nationally licensed life insurance agent with over 19 years of experience
- Best selling Amazon author.
Jeff Root is a nationally licensed life insurance expert with over 19 years of experience. He has personally helped over 3000 clients with their life insurance needs. Jeff is a best-selling Amazon author and the managing partner of a highly successful insurance brokerage that manages over 2,500 licensed insurance agents across the USA. He has been a featured life insurance source for prestigious websites such as Forbes, Bloomberg, MarketWatch, Nerdwallet, and many more.
- Nationally licensed life insurance agent with over 14 years of experience
- Best selling Amazon author of five insurance sales books.
David Duford is a nationally licensed insurance expert with over 14 years of experience. He has personally helped more than 15,000 clients buy life insurance. David has been featured as an expert source for highly authoritative publications such as A.M. Best and Insurancenewsnet. He also runs one of the largest Youtube channels to help aspiring insurance agents serve their clients better.
- Nationally licensed life insurance agent with over 19 years of experience
- Best selling Amazon author.
Jeff Root is a nationally licensed life insurance expert with over 19 years of experience. He has personally helped over 3000 clients with their life insurance needs. Jeff is a best-selling Amazon author and the managing partner of a highly successful insurance brokerage that manages over 2,500 licensed insurance agents across the USA. He has been a featured life insurance source for prestigious websites such as Forbes, Bloomberg, MarketWatch, Nerdwallet, and many more.
- Nationally licensed life insurance agent with over 14 years of experience
- Best selling Amazon author of five insurance sales books.
David Duford is a nationally licensed insurance expert with over 14 years of experience. He has personally helped more than 15,000 clients buy life insurance. David has been featured as an expert source for highly authoritative publications such as A.M. Best and Insurancenewsnet. He also runs one of the largest Youtube channels to help aspiring insurance agents serve their clients better.
