Final Expense Calculator
What funeral and end-of-life costs could leave for your family to cover.
What you are planning for
Estimated coverage gap
$13,700
How this was calculated
Assumptions used
- Funeral Service Fee
- $2,500
- Casket
- $2,500
- Urn
- $300
- Cemetery Plot
- $1,500
- Headstone
- $1,800
- Cremation Fee
- $400
- Transportation
- $400
- Flowers
- $400
- Other Service Costs
- $600
These are illustrative planning figures, not averages or quotes. Actual funeral and end-of-life costs vary widely by provider, region and the arrangements chosen.
What this calculator does
Funeral and related costs are usually paid before an estate settles, which means family members often cover them out of pocket at the worst possible moment. This calculator adds up the arrangements you would want, plus debts and medical bills, and subtracts what is already set aside.
The default costs shown are illustrative planning figures, not averages or quotes. Prices vary widely by region and by the arrangements chosen, so change any figure that does not match what you have been quoted locally.
How the maths works
- Start from the arrangements you choose — burial or cremation, and which items to include.
- Add outstanding debts, medical bills and any other expenses you want covered.
- Add those together to get the total need.
- Subtract savings set aside for this and any permanent life insurance already in place.
- What remains is the estimated coverage gap.
Frequently asked questions
- Where do the default costs come from?
- They are illustrative planning figures chosen to be reasonable starting points, and every one of them is shown with your result and can be edited. They are not averages, and they are not quotes from any funeral provider.
- Does existing term life insurance count?
- Only if it will still be in force. Term policies expire, and final expenses tend to arrive long after a 20- or 30-year term has ended. This is why the field asks specifically about permanent coverage.
- Why is cremation cheaper here?
- Cremation typically removes the cemetery plot, headstone and casket from the list. The calculator adjusts which items apply when you change the option, and shows exactly which ones it used.
- Is this a quote for final expense insurance?
- No. It estimates how much cost the arrangements you selected could leave behind. What a policy would cost is a separate question that depends on carrier underwriting, age and health.
Default cost figures are illustrative planning figures, not averages, quotes or guarantees. Funeral costs vary significantly by region and by the arrangements chosen.
This calculator produces an educational estimate only. It is not financial, tax or legal advice, and it is not an insurance underwriting decision.
Your family may have to cover final expenses out of pocket.
Funeral and related end-of-life expenses can create an unexpected financial burden for families. Costs vary widely by region and by the arrangements chosen.