Final Expense Insurance is a type of life insurance designed to cover the costs associated with a person's funeral and other end-of-life expenses. This insurance helps alleviate the financial burden on family members during a difficult time, ensuring that funds are available for services like burial, cremation, and related costs. Typically, Final Expense Insurance policies have lower coverage amounts compared to traditional life insurance, often ranging from $5,000 to $25,000. They are generally easier to qualify for, with fewer health requirements, making them accessible for older adults or those with health issues.