Top 10 Cheapest Final Expense Insurance Plans in Texas (2025 Update)
Wednesday 10 Sep 2025
Final expense insurance is one of the most affordable ways to protect loved ones from the high cost of funerals and burials. In Texas, costs can range from $7,000 to $12,000 for a traditional funeral. For Latino migrant families, having coverage ensures that cultural and family traditions can be honored without creating financial hardship.
This guide reviews the 10 cheapest and most reliable final expense insurance plans in Texas for 2025. To explore affordable options tailored to your family, you can request final expense insurance quotes online, cost per month, no medical exam.
Top 10 Cheapest Final Expense Insurance Plans
Below are the ten most affordable and reliable companies offering final expense insurance in Texas for 2025. Each option is designed to help families reduce costs while ensuring peace of mind.
American Continental Insurance Company
American Continental remains one of the most affordable choices in Texas. It offers coverage amounts from $5,000 to $35,000, making it flexible for different family needs.
- Same-day approval for many applicants
- Simplified underwriting, no medical exams
- Immediate coverage for qualified individuals
Mutual of Omaha
Mutual of Omaha is a trusted name in life insurance with strong financial stability. It offers coverage from $5,000 up to $50,000.
- Competitive monthly rates for seniors
- Multiple plan options to fit different budgets
- Quick claims process for families
Great Western Insurance Company
Great Western specializes in final expense coverage with affordable premiums. Coverage ranges from $2,000 to $25,000.
- Accepts older applicants, even with health conditions
- Flexible payment plans
- Modified policies for higher-risk individuals
Colonial Penn Life Insurance
Colonial Penn is known for its guaranteed acceptance policies, making it a popular option in Texas.
- Coverage from $5,000 to $50,000
- No medical questions for guaranteed issue plans
- Affordable entry-level premiums
Aetna (CVS Health)
Aetna offers final expense policies under the CVS Health brand. Coverage ranges from $2,000 to $50,000.
- No medical exam required
- Optional accidental death benefits
- Affordable monthly premiums for seniors
SBLI (Savings Bank Life Insurance)
SBLI is another affordable option for Texans, with coverage ranging from $2,500 to $35,000.
- Instant approval in many cases
- No medical exams
- Competitive premiums for healthy applicants
Aflac
Aflac is a household name in supplemental insurance and offers competitive final expense plans.
- Coverage from $2,000 to $50,000
- Full benefits for accidental death from day one
- Flexible level or modified plan structures
Foresters Financial
Foresters offers affordable final expense coverage along with community benefits. Coverage can go up to $35,000.
- Access to legal, financial, and community resources
- Optional accidental death coverage
- Affordable monthly premiums
AIG Guaranteed Issue Whole Life
AIG provides guaranteed issue coverage, meaning acceptance is guaranteed regardless of health. Coverage ranges from $5,000 to $25,000.
- No health questions or exams
- Fixed monthly premiums
- Lifetime coverage as long as payments are made
Transamerica
Transamerica rounds out the list with strong, affordable plans tailored to seniors. Coverage can range from $2,000 to $50,000.
- Reliable reputation and financial stability
- Options for smokers and individuals with pre-existing conditions
- Simple application process
Comparison Table: Cheapest Plans in Texas (2025)
To better understand how these companies compare, the following table summarizes coverage ranges and the main advantage of each plan:
| Company | Coverage Range | Key Advantage |
|---|---|---|
| American Continental | $5K–$35K | Same-day approval, quick coverage |
| Mutual of Omaha | $5K–$50K | Trusted brand, higher coverage available |
| Great Western | $2K–$25K | Flexible, accepts older applicants |
| Colonial Penn | $5K–$50K | Guaranteed acceptance, no questions |
| Aetna (CVS Health) | $2K–$50K | Optional accidental benefits |
| SBLI | $2.5K–$35K | Instant approval, no exams |
| Aflac | $2K–$50K | Full accidental coverage from day one |
| Foresters Financial | Up to $35K | Community and member benefits |
| AIG Guaranteed Issue | $5K–$25K | Guaranteed acceptance, fixed premiums |
| Transamerica | $2K–$50K | Flexible for smokers & pre-existing cond. |
Why Latino Families in Texas Choose Final Expense Insurance
For many Latino migrant families, funerals are not just about saying goodbye, but also about honoring deep cultural traditions. From religious services to community gatherings, these events can be costly. Final expense insurance helps ensure that families can:
- Cover funeral and burial expenses without financial stress
- Protect children and grandchildren from unexpected debt
- Keep cultural and family traditions alive with dignity
This makes choosing the right plan not only a financial decision, but also a way to protect family unity and respect traditions.
Final Thoughts
Choosing the right final expense insurance plan in Texas depends on your budget, health condition, and family needs. Latino families in Texas often prioritize cultural traditions and ensuring loved ones aren’t left with financial burdens. With so many affordable options, you can find a plan that offers peace of mind and financial security.
Start comparing today by requesting final expense insurance quotes online, cost per month, no medical exam.