NC Final Expense Calculator
Get a clear estimate for funeral, burial, and end-of-life costs to protect your loved ones from financial burden.
Calculate Your Final Expenses
This free, anonymous tool will help you understand your numbers. Your information is not stored or saved. This is for your eyes only.
Plan Ahead, Find Peace
Estimate final expense costs to protect your loved ones.
Ceremony Preferences
Personalize the arrangements for your loved ones.
Additional Considerations
Account for other potential expenses.
Your Personalized Estimate
Empowering you to plan with confidence.
Estimated Final Expense Costs
Estimates reflect higher-end North Carolina major city averages (e.g., Raleigh, Charlotte) to provide a conservative figure.
Inflation Considerations
The "Inflation Buffer" line item adds 25% to core service and merchandise costs. This helps your plan maintain purchasing power against rising costs over time.
Estimates based on typical higher-end North Carolina (major city) funeral home costs, and may draw from sources like the National Funeral Directors Association (NFDA), with added adjustments. These are estimates only and not a guarantee of future costs or an insurance quote. For an accurate quote and policy options, please contact a YourFEX Broker.
Final Expense Quotes From Trusted Carriers Like:
What is Final Expense Insurance?
Final expense life insurance, sometimes called burial or funeral insurance, is a type of whole life policy designed to help your loved ones cover your end–of–life costs. This typically includes funeral services, burial or cremation expenses, and any outstanding medical bills or small debts.
In North Carolina, average funeral costs can be significant. This insurance provides a dedicated, tax-free sum to your beneficiaries, ensuring these expenses don’t become a financial burden during a difficult time, allowing them to focus on what truly matters.
Simple to Qualify
Often no medical exam is needed, just a few health questions. Guaranteed issue options may be available for those with health concerns.
Affordable & Predictable
Premiums are typically fixed and designed to be budget-friendly, ensuring your coverage remains stable throughout your life. The death benefit also remains level.
Quick Coverage
With simplified underwriting, many policies are approved quickly, often within days or even minutes, providing fast protection.
Protects Your Family
The tax-free death benefit directly helps your loved ones cover expenses, ensuring your final wishes are met without causing them financial hardship.
Final Expense & Permanent Life: Key Differences at a Glance
Not sure which type of permanent life insurance is right for you? See how Final Expense coverage compares to broader permanent policies designed for wealth building and legacy protection.
| Feature | Final Expense Insurance | Traditional Permanent Life |
|---|---|---|
| Primary Purpose | Cover funeral costs, final medical bills, small debts. | Wealth building, legacy planning, significant income replacement, estate planning. |
| Typical Coverage Amount | $2,000 - $50,000 | $50,000 - $1,000,000+ |
| Medical Exam | Often No Exam (Simplified or Guaranteed Issue) | Typically Required (Full Underwriting) |
| Approval Speed | Fast (Minutes to Days) | Slower (Weeks to Months) |
| Cash Value Growth | Yes (typically modest, builds slowly) | Yes (often a key feature, can be significant) |
| Ideal For | Seniors, fixed incomes, covering specific end-of-life costs, those with some health issues. | Long-term wealth accumulation, estate tax needs, substantial income replacement for younger families, business succession. |
| Premium Cost | Generally lower total premium but can be higher cost-per-thousand. | Higher total premium but often lower cost-per-thousand for larger amounts. |