Final Expense Insurance — Financial Relief in a Time of Loss

Life insurance can be the foundation for a family's financial protection. State Farm® offers a variety of whole life insurance policies that not only helps your family prepare for the unexpected, but can build cash value you can use during your lifetime.

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Final Expense ($10,000 Whole Life in NY)

Final Expense Life Insurance can help families deal with grief, rather than worry about burial expenses.1 This State Farm Final Expense policy pays a fixed $10,000 death benefit directly to your beneficiary, who may or may not use it to help pay final expenses.


Premium Duration Coverage Limits Issue Ages
To age 100 $10,000 only 50 to 80

Final Expense

Age Availability Coverage Amount
50 - 80 $10,000

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How it Works

State Farm Final Expense policy provides a level of protection at an affordable price:

  • Premiums are payable to age 100 and guaranteed never to increase.
  • It offers the security of guaranteed death benefit.
  • You have the flexibility to choose between monthly or annual premium payments.
  • Cash value accumulates tax-deferred.
  • You choose whether or not to use the benefit for burial expenses.
  • The policy is eligible to earn dividends, however, dividends are not guaranteed. Dividends can accumulate at interest, purchase paid up additional insurance, reduce future premiums, or be payable in cash. The choice is yours.2

Note: This policy could be considered a Modified Endowment Contract at certain issue ages and as such any distributions (e.g., loans, dividends paid in cash or accumulated, or a policy assignment) will be subject to current income tax to the extent there is taxable gain in the policy. In addition, a tax penalty equal to 10% of the taxable amount will be applied to funds distributed prior to the owner's age 59½. In order to defer taxation, the paid-up additions dividend option should be chosen.

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State Farm agents do not provide tax or legal advice. Please seek professional tax or legal advice regarding your situation.

This is only a general description of coverage. A complete statement of coverage is found only in the policy. For more details on coverage, costs, restrictions; or to apply for coverage, contact a local State Farm agent.

There are limitations and conditions regarding payment of benefits due to misrepresentations on the application or when death is the result of suicide in the first two policy years.

Note: This policy does not guarantee that its proceeds will be sufficient to pay for any particular service or merchandise at the time of need or that services or merchandise will be provided by any particular provider.

Policy Series Information

1 State Farm offers this policy to individuals between the ages of 50 and 80. The state of Washington has a lower maximum issue age.

2 Dividends are a return of premium and are based on the actual mortality, expense, and investment experience of the Company. Dividends are not guaranteed.

Not FDIC Insured

  • No Bank Guarantee
  • May Lose Value

Issued by:

State Farm Life Insurance Company (Not licensed in MA, NY or WI)
State Farm Life and Accident Assurance Company (Licensed in NY and WI)
Bloomington, IL