---
title: Final Expense Insurance in Illinois: Rates by Age
url: https://coverfolk.com/states/illinois/final-expense
updated: 2026-10-08
---

# Final expense insurance in Illinois

Burial insurance for Illinois seniors. Sample rates by age, Illinois rules that protect you, and what funerals cost.

Updated October 8, 2026[Fact checked](/editorial-standards)

The short answer

About 2,275,000 people in Illinois are 65 or older. A $10,000 final expense policy is a common pick. In a published national sample, that costs $33 to $134 a month between ages 60 and 80.

## Sample $10,000 rates by age

| Age | Women | Men |
| --- | --- | --- |
| 50 | $24 | $31 |
| 55 | $28 | $36 |
| 60 | $33 | $43 |
| 65 | $41 | $54 |
| 70 | $53 | $70 |
| 75 | $71 | $97 |
| 80 | $98 | $134 |
| 85 | $136 | $193 |

National sample from Choice Mutual, Rates valid as of March 9, 2026. Not a Illinois quote.

## Illinois rules

Free look
:   10 days

Grace period
:   30 days

Guaranty protection
:   $300,000

Help line
:   866-445-5364Illinois Department of Insurance

## What a funeral costs

Nationally, the median funeral with viewing and burial was $8,300 in 2023. With cremation it was $6,280. Cemetery costs are extra. [Add up your own](/funeral-cost-calculator).

## Illinois cities with the most seniors

[Springfield 22% 65+](/states/illinois/springfield)[Rockford 18% 65+](/states/illinois/rockford)[Naperville 18% 65+](/states/illinois/naperville)[Peoria 17% 65+](/states/illinois/peoria)[Elgin 15% 65+](/states/illinois/elgin)[Chicago 14% 65+](/states/illinois/chicago)[Aurora 13% 65+](/states/illinois/aurora)[Joliet 13% 65+](/states/illinois/joliet)

## Common questions

How much is final expense insurance in Illinois?

It depends on your age, health and tobacco use. A published national sample puts a $10,000 policy at $41 a month for a 65 year old woman and $54 for a 65 year old man. Prices in Illinois may differ.

Is burial insurance the same as final expense in Illinois?

Yes. Burial insurance, final expense and senior life are names for the same kind of small whole life policy.

Source: [FTC Funeral Rule](https://consumer.ftc.gov/articles/ftc-funeral-rule) · [NFDA price study](https://content.nfda.org/news/media-center/nfda-news-releases/id/8134/2023-nfda-general-price-list-study-shows-inflation-increasing-faster-than-the-cost-of-a-funeral)

Can I return a final expense policy in Illinois?

Yes. Illinois gives you at least 10 days to look it over and return it for a refund.

Source: [Illinois free look law](https://content.naic.org/sites/default/files/model-law-chart-li-30-life-insurance-disclosure-provisions.pdf)

What if I am turned down for health reasons?

Guaranteed issue plans ask no health questions. They usually have a waiting period of about 2 years before the full benefit pays for a death from illness.

## Sources

1. [Choice Mutual, $10,000 Life Insurance Rates](https://choicemutual.com/life-insurance-cost/10000/)
2. [2023 NFDA General Price List Study Shows Inflation Increasing Faster than the Cost of a Funeral (NFDA)](https://content.nfda.org/news/media-center/nfda-news-releases/id/8134/2023-nfda-general-price-list-study-shows-inflation-increasing-faster-than-the-cost-of-a-funeral)
3. [Census ACS 2024 1 year estimates, table based summary file](https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/)
4. [Census QuickFacts Illinois (ACS 2020-2024)](https://www.census.gov/quickfacts/fact/table/IL/PST045224)
5. [NOLHGA: How You're Protected (coverage as of June 1, 2025)](https://nolhga.com/policyholders/how-youre-protected/)
6. [NOLHGA: Contact My Guaranty Association](https://nolhga.com/policyholders/contact-my-guaranty-association/)
7. [NAIC Model Law Chart LI-30, Life Insurance Disclosure (Fall 2023)](https://content.naic.org/sites/default/files/model-law-chart-li-30-life-insurance-disclosure-provisions.pdf)