Funeral Insurance Rates

What are rates for funeral insurance and how do funeral insurance rates work?

A rate for funeral insurance coverage is the price you pay per $1,000 of funeral life insurance protection.

Your personal rate for the insurance is based on several factors, including your gender, age, state of residence, among other things.

Women will pay a lower rate per $1,000 than men because women have a longer life expectancy on average.

Some insurers offer funeral expense insurance with premiums as low as $8.80 per month; however, your rate and corresponding premium will vary by insurance company.

Your rate will remain the same for the life of your funeral insurance policy, in most cases. That's why it is important to ask about this before purchasing your coverage.

Here's how to compare funeral insurance rates.