final expense insurance don't expire, so it's long-term coverage

Is Final Expense a Short or Long-Term Form of Coverage?

The question as to how long one is meant to have final expense coverage lies in how short and long-term coverage are defined. After defining, final expense insurance will be discussed in terms of what features would need to be altered in order for it to be the appropriate choice, and why it suits the other term.

Defining Short and Long-Term Coverage

Short-term coverage has a predetermined expiration date. It’s the coverage for right now, but not forever. Term life insurance policies fit this mold. One may join a policy knowing that it only lasts a finite period of time. While this may sound like a bad idea, it should be noted that the premiums are cheaper and that short-term coverage can be renewed and converted into long-term coverage.

Long-term coverage lasts for life. It doesn’t expire, and because of this, there is no need to renew it. These policies guarantee a death benefit as long as premium payments are met.

Why Final Expense Insurance Isn’t Short-Term

Final expense insurance, by definition, is a type of whole life insurance policy. Whole life insurance policies aren’t subject to losing the death benefit entirely. Final expense insurance guarantees the death benefit, provided one makes premium payments.

The only way in which final expense insurance could reduce the death benefit despite payments would be if the policyholder borrows against the death benefit.

Why Final Expense Insurance Is Long-Term

It’s long term because there’s no expiration. The policy is yours, and the death benefit is guaranteed to go toward your loved ones. You don’t have to worry about losing it, and you don’t have to worry about outliving your policy. Long-term insurance reduces this stress.

Get a Free Final Expense Quote

Final expense insurance is easy to join. Call us today at 1-877-674-0236 if you’d like to receive a free quote.


Final Expense Direct’s utmost concern is the safety of our clients, their families, and our employees and agents. Our hearts, thoughts, and prayers go out to all that the Coronavirus outbreak has touched and those whose lives have been disrupted. While 98% of our workforce is working remotely, we are here if you need assistance. If you are a client, please contact Customer Support at 800-538-3610, Ext 2, with any questions in regards to your policy. You may also contact us via email at We will continue to monitor this situation and keep you updated.