Best Final Expense Insurance In California

Learn how these plans work, the best companies available in California, and how much a policy will cost.

In addition, we’ll review how much a funeral costs in California and the various state laws that protect consumers buying insurance or planning a funeral.

How Much Does Final Expense Insurance Cost In California?

Typically, the cost of a burial policy is roughly $50-$100 monthly for a $10,000 policy. However, the price you’ll pay is based on your exact age, gender, health, tobacco habits, and the amount of coverage you choose.

Below is a whole life insurance rate chart with some sample monthly quotes, or you can use this quoting tool to see customized prices from all the companies available in California.

Best Funeral Insurance Companies In California

The states govern all forms of insurance rather than the federal government. For that reason, final expense insurance in the USA varies from state to state.

Below is an outline of the best funeral insurance companies in California.

Insurance Company	Coverage & New Applicant Age Limits	Policy Type, Length & Product name
	Coverage: $2,000-$50,000 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-$50,000 Age Range: 45-80	Whole Life Insurance Lasts forever once issued "Final Expense"- Preferred (no waiting period)
	Coverage: $7,000-$30,000 Age Range: 50-80	Whole Life Insurance Lasts forever once issued "SIWL" (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: $5,000-$35,000 Age Range: 55-80	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: $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-$50,000 Age Range: 45-89	Whole Life Insurance Lasts forever once issued "iProvide" (no waiting period)

How Does Final Expense Life Insurance Work?

A final expense insurance policy is a type of permanent life insurance with small death benefit options and lax underwriting.

These policies are meant to allow seniors with pre-existing health issues to qualify, and no medical exam is required.

Usually, people buy these plans to cover just their burial expenses. However, it’s essential to understand that the end result will be a tax-free cash payout to your beneficiaries.

Your loved ones can spend the money on non-funeral costs such as medical bills or credit card debts. If your beneficiaries don’t use all the proceeds on your final expenses, they keep what’s left over.

Since funeral insurance for seniors is a form of whole life insurance, the coverage lasts forever. Additionally, the premiums stay the same with age, and they build cash value.

Some policies have no waiting period that fully cover you the day you make your first payment, but some plans have a two-year waiting period.

To qualify for immediate coverage, you must apply with a company that asks you health questions.

In contrast, there are plans without health questions (guaranteed acceptance). With those, you cannot be denied, but there is a two-year waiting period.

If you die from anything other than an accident in the first 24 months, the insurer will only refund your premiums plus interest.

How Much Does A Funeral Cost In California?

The NFDA reports that the average cost of a funeral in California with a burial, viewing, and vault is $7,225, whereas a cremation costs $6,028.

It’s helpful to use a final expenses cost calculator to get an accurate estimate of what your desired funeral will cost.

The Free Look Period In California & The FTC Funeral Rule

The free look period is a law in California that entitles all policyholders the right to cancel an insurance policy for any reason within the first 30 days. Furthermore, it stipulates that you’re entitled to a full refund of any premiums that may have been paid.

After the free look period is over, you can still cancel a policy, but you won’t be entitled to a refund. That law allows you to rest easy, knowing that if you buy from the wrong company, get scammed, or simply have a change of heart, you can cancel the policy and get your money back.

Another helpful law to be mindful of is the funeral rule established by the Federal Trade Commission. It mandates that all funeral homes must provide transparent pricing for their products and services upon request. Also, it gives you the right to pick and choose which products and services you want. You don’t simply have to accept whatever package a funeral home may offer.

How Choice Mutual Can Help

Choice Mutual is an independent final expense insurance agency that represents nearly 20 different insurance companies.

We advocate for you, the customer, rather than the insurance companies.

We compare plans from each provider in your state to find you the best deal possible.

Our services are always free, and you don’t pay a higher price for your insurance because you bought it through an agency.

Call us at 1-800-644-2926 and see why thousands of other happy customers trusted us for their burial insurance needs.