2023 Final Expense Insurance Application Process

We created this basic final expense insurance application process as a simple guide to help you understand the process of applying for a final expense insurance policy and to help you understand what to expect.

Applying for final expense insurance is relatively standard, depending on the type of insurance and the company you choose.

Some final expense insurance companies offer simplified issue policies with no medical exam and will only require you to answer a few health questions. Others will offer guaranteed acceptance policies with no medical exam and no health questions.

Whatever policy you choose, you must have all your personal information available for your application beforehand.

In general, the final expense insurance application process will be similar to the application process for any type of life insurance. You will need to supply basic personal information such as your name, age, birthday, and address and sometimes answer a few questions about your recent medical history.

If you want to start the final expense application process, fill out the customized quote on the left an instant quote will be displayed immediately.


Step 1: Get Your Free Quote

The final expense insurance application process starts with online free life insurance policy quotes.

Getting a quote has never been easier! First, find an independent life insurance agency website that can provide you with a quote from many different insurance carriers. Working with an independent life insurance agency will save you the hassle of getting a quote from each company individually. Getting a quote will let you know how much final expense insurance costs.

An independent insurance professional can walk you through every step of the way. This service has no cost, and their advice will be extremely valuable.

Your agent will assess what type of policy is best for you and what cost to expect on your new policy. If you have health issues, your agent will pre-screen these conditions and recommend carriers that are friendly with your health issues.

It is wise to do your shopping with all the best companies in the market. Make sure that you or your agent compare rates with different carriers to avoid overpaying for coverage. Comparison shopping will ensure you get the best rate.

Use our EASY ONLINE QUOTE FORM to check out the rates and insurers available. Just fill out our instant QUOTE form with a few pieces of information:

  • State of residence – rates may vary because states regulate life insurance carriers.
  • Birthday – insurance rates vary by age
  • Health class – your health class will vary depending on your excellent, decent, or poor health.
  • Coverage amount you want – select from $2,000 to $100,000
  • Gender – insurance rates vary for men and women
  • Smoker/Tobacco – insurers want to know if you are currently using tobacco or if you have done so in the past.
  • Your name – Your full name
  • Phone number – where you can be reached at
  • Email address – most used email address

Once you input your information in our free quote form, click “Display Quotes,” You will see a list of quotes, sorted by lowest price. You will see the lowest rate at the top of the list.

Funeral Funds will never sell your information or use it for anything except give you the most affordable life insurance quotes.

Step 2: Choose Which Policy Is The Most Affordable For You

The second step in the life insurance application process is to choose what type of final expense insurance you need. If you are like most senior citizens, you are looking for a simple final expense insurance policy to cover the cost of a funeral so that your family won’t be left with a financial burden after your death.

Types of Final Expense Insurance

Simplified Issue – this type of policy is a simplified version of regular insurance. It does not require a medical exam, but some health questions will be asked on the application. This final expense life insurance no exam has immediate coverage starting on the first day.

If you answer NO to the health questions, your coverage will be approved. Part of the underwriting process is a background check on medical history, prescription medication, and motor vehicle records.

Guaranteed issue – is a type of policy that guarantees approval regardless of your existing health condition. You are not required to take a medical exam or answer any health questions.

As long as the policy is available in your state and you fall in the age bracket, the company is guaranteed to offer you a policy.

If you have a pre-existing health condition that makes it impossible to qualify for traditional life insurance, you should consider a guaranteed issue policy. GI policy comes with a graded death benefit or a two-year waiting period.

Features of Final Expense Insurance:

  • Permanent whole life policy
  • Level premium – premiums never increase
  • Benefits never decrease for any reason
  • Available for seniors ages 50 to 85
  • Minimal face amount $2,000 up to $25,000
  • No medical exam required
  • The policy accumulates cash value

Once you decide which type of policy you want and receive the pricing from the instant quote tool, the next step is to decide which carrier to apply.

You need to consider the company with the best price. Another thing you may need to consider is the carrier’s financial stability.

Funeral Funds only works with “A” rated or better insurance carriers. It is important to ensure the company is stable and can pay its policyholders on time.

Step 3: Fill Out An Application Form

After you have found the insurance company that’s the perfect fit for your needs, it’s time to apply.

Completing an application will be the next simple step after you have found an agent and the type of policy that best fits your budget. This application can be in paper form, a telephone, or online.

Things to prepare before the application:

  • Your social security number
  • Driver’s license number
  • Beneficiary information
  • Contingent beneficiary information (needed in case the insured and the primary beneficiary died at the same time)
  • Your doctor’s contact information

The application process will typically take 10 to 20 minutes.

There will be a series of questions to answer, from personal information to medical history to the type of lifestyle you live. First is your basic information name, age, birthday, and address.

You will be asked about your:

  • Health history
  • Family health history
  • Prescription medications
  • Any dangerous hobbies and activities
  • Driving record
  • Criminal record

You will be asked about your social security and driver’s license numbers. The life insurance company needs this information to access your driving records and medical history.

Your medical and family history will also be asked about. The insurer needs to know your health risk to determine what premium you will pay for your policy.

When filling out your application, you will be asked to supply your beneficiary or the person who will receive the cash benefit if you pass away.

It is wise to supply contingent beneficiary information in case something happens to your primary beneficiary and the policy owner simultaneously (for example – husband and wife both die in an automobile accident together).

When the application is completed, we will need your signature. Many insurance carriers do this digitally. We sometimes will email you a copy of the completed application form for you to sign.

The insurance companies who require a paper application will mail you the application via Priority Mail, with the places for your signature marked. Just put the application form into the postage-paid envelope and drop it in the mail when you’re finished.

Be honest when filling out your application. Don’t lie or give false information. It’s a fraud, and the company will most likely find out and deny your death claim.

Step 4: Phone Interview

Only simplified issue policies undergo an underwriting process. Guaranteed issue policies skip this step.

If you choose a simplified issue policy, you will likely receive a telephone interview with the insurance company’s underwriting staff to clarify some of the questions you answered on your application.

You must answer honestly and not give information they never ask about.

You will be asked are about your:

  • Health history
  • Lifestyle
  • Family health history
  • Dangerous hobbies and activities

It is best to answer as honestly as possible to ensure you get the best policy for your needs.

The specific information that will be asked in the follow-up underwriting phone call will be:

  1. Social Security Number – social security numbers are required on all applicants. This number act as your unique identifier.
  2. Driver’s license – your driver’s license number is required in the application because your driving history may be part of the underwriting process.
  3. Prescription medication – this information will be asked about during the phone interview. However, prescription history is always double-checked.
  4. Checking the account number is necessary to choose the drafting day for your payment.
  5. Beneficiary information – supply the name and birthdate of your primary beneficiary and a contingent beneficiary.

Simplified issue policies are often approved during the telephone interview with the applicant still on the phone.

You can choose the simplified underwriting process and save time. Simplified issue policies can take between 24-48 hours to get approved.

Step 5: Wait For Underwriting

This is the easiest step, and there’s nothing you need to do except wait!

Your insurance carrier is doing all the work in this step. It is the part of the process where the life insurance company reviews your application, accesses your personal and medical information history to assess your level of risk, and figures out if you qualify and at what cost.

Underwriters will look into:

Your driving record

The underwriting department may run a routine motor vehicle report to see if you have driving violations that indicate unsafe driving habits, increasing your chance of having fatal highway accidents.

The primary violations to look for would be drag racing, driving under the influence of alcohol or drugs, reckless driving, and speeding violations.

Parents’ health history

Basic questions will be asked regarding your parents’ health history. The underwriters may ask if your parents are still alive. They would like to know if you have a gene-related illness such as cancer or heart disease that could be passed down to you.

Statistics show a direct correlation between some medical conditions inherited from parents to their children.

Prescription drugs

Underwriters will run a check on prescription drugs that you take and what the drugs are used for. A computer database shows your pharmacy purchases. The insurance carrier will see your history of drug purchases and for what purposes.

Your credit rating

The insurance carrier will rarely look at your credit rating. Statistics show that people with a poor credit history are more likely to file fraudulent insurance claims because they are up in debt. They often resort to creating claims to receive a cash payout from insurance companies.

Most funeral and burial policies do not require credit checks for the applicant.

Sometimes insurance underwriters need more information to assess your rate. They may need to request medical records from your doctor. This can take time for the request to be processed and information to be forwarded to the company. Then, the underwriters will need time to look at the information they received.

Underwriting timelines can vary depending on the insurance company and the caseload of the underwriter assigned to your case.

Step 6: Accept Your Offer And Receive Your Policy

Congratulations! You have an answer!

As soon as the insurance company has decided about your application and you are offered a rate, we will contact you by phone or email.

If their offer differs from the rate you got in your original quote, we will work with you to determine your best options. It is very common to be offered different rates by different insurance carriers, even when those carriers are looking at the exact same information.

Now that you’ve approved for coverage, review the plan, and if you’re happy with it, inform us if you want to accept the company’s offer.

You will get your policy in the mail or online after a few days.

Sign all applicable documents and pay your first premium. You have the option to make monthly, quarterly, semi-annually, or annual payments. If you have the budget, pay annually and save more money.

Pay your first premium when you apply to activate the policy instantly.

You will have a 30-day free look-back period to review the policy. If there are things that you don’t like, you can change them or get your money back. So whether you pay monthly or annually, you can get your money back.

The final expense insurance application process is easy when you have an experienced life insurance agent from Funeral Funds to help you.

If you need help, you can call us at (888) 862-9456. We will be happy to help you.

Additional Questions & Answers On Final Expense Insurance Application Process

Who can apply for final expense life insurance?

Most people between 50 and 85 can apply for a final expense life insurance policy.

What is an insurance application?

An insurance application is a form that an applicant fills out to apply for insurance. The application will ask questions about the applicant’s age, health, smoking habits, and other factors.

What is the process for applying for insurance called?

The process of applying for insurance is called underwriting. Underwriting is the process of assessing risks and determining premiums.

What information do you need for life insurance?

When applying for life insurance, you must provide information about your age, health, smoking habits, and other questions.

What is the first step in buying insurance?

The first step in buying insurance is getting quotes from different insurers from a company like Funeral Funds, which can check all the plans available to you. Once you have compared rates and coverage, you can choose the policy that best meets your needs.

What are the parts of an insurance application?

An insurance application includes the personal information section, the medical information section, and the policy questions section.

Who can apply for life insurance?

Most people who are between the ages of 50 and 85 can apply for final expense life insurance.

What questions are asked on a life insurance application?

A life insurance application will ask about your age, health, smoking habits, and other factors.

How long is the process to get final expense life insurance?

The process of underwriting and approving a final expense life insurance policy can take as little as 10-15 minutes.

Who signs an insurance application?

The person on who the policy will be taken out on will have to sign the insurance application, as will the licensed agent who helped them with their life insurance policy.

What is the insurance underwriting process?

The insurance underwriting process is the process of assessing risks and determining premiums.

What information is needed when applying for insurance?

When applying for insurance, you must provide information about your age, gender, health, smoking habits, etc.

What are the health questions for life insurance?

Some health questions for life insurance include: Have you ever been diagnosed with cancer? Do you have any chronic health conditions? Are you a smoker? etc.?

Does final expense life insurance check medical records?

Final expense life insurance companies that offer 1st-day coverage will check your medical records when underwriting your policy.

Is it hard to get approved life insurance?

No, most people can get approved for life insurance, even if they have health issues.

Does an insurance application have to be signed?

The insured person and a licensed agent must sign an insurance application.

What does underwriting mean?

Underwriting is assessing risks and determining the premiums for a life insurance policy on an individual.

What is Part 1 of an insurance application?

Part 1 of an insurance application generally includes the personal information section.

What is on Part 2 of an insurance application?

Part 2 of an insurance application generally includes the medical information section.

What is on Part 3 of an insurance application?

Part 3 of an insurance application generally includes the policy questions section.

What are the types of insurance underwriting?

There are two types of insurance underwriting: standard and non-standard. Standard underwriting is when an insurer assesses your risk based on age, health, and smoking habits. Non-standard underwriting is when an insurer assesses your risk based on factors such as your occupation or lifestyle.

How long does it take to get approved for life insurance?

The process of underwriting and approving a life insurance policy can take up to several minutes to a few days.

How far back do life insurance companies look?

When underwriting your policy, life insurance companies may look back 5-10 years for certain health conditions.

Can insurance companies access my health record?

Yes, insurance companies can access your health records when you apply for a policy.

What information do insurance companies have access to?

With your consent, the Insurance companies have access to your medical records, prescriptions, and claims history.

What medical conditions prevent you from getting life insurance?

Some medical conditions that may prevent you from getting life insurance include cancer, heart disease, oxygen use, and the inability to perform activities of daily living.

Why is an applicant’s signature required?

The applicant’s signature is required on the insurance application to verify that the information provided is accurate.

What questions are asked on a life insurance application?

Some of the questions that may be asked on a life insurance application include your age, health, smoking habits, etc.

Does life insurance verify income?

No, life insurance companies generally do not need to verify your income.

Can I lie on a life insurance application?

Yes, you can lie on an application for life insurance, but you shouldn’t. The reason is that it may result in your policy being denied or canceled.

Do insurance companies share your information?

No, insurance companies do not share your information with other companies.

Does an insurance application have to be signed?

Yes, an insurance application must be signed by the insured person.

What are the various steps in the life insurance process?

The steps in the life insurance process include application, underwriting, approval, policy issuance, and claims.

Can an insurance company ask for your phone records when you apply for insurance?

No, an insurance company cannot ask for your phone records when you apply for insurance.

Can you lie about smoking for life insurance?

Yes, you can, but you shouldn’t, as it may result in your policy being denied or canceled.

Why is a signature required on a life insurance application?

The signature is required on a life insurance application to verify that the information provided is accurate.


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