26.09 - Final Expense Market
Author
Nancy Moussa, ALMI
Associate Research Director Insurance Product Research
LIMRA and LOMA
Figure 1. Final Expense Market Reaches New Heights in 2025
| 2024 | 2025 | Companies | Percent Change | |
|---|---|---|---|---|
| Sales by Premium | $1,045,515,603 | $1,382,517,851 | 30 | +32.23% |
| Policies Issued | 1,043,108 | 1,299,667 | 30 | +24.60% |
| Applications Received | 1,605,675 | 2,061,231 | 28 | +28.37% |
| Average Premium per Policy | $1,002 | $1,064 | 30 | +6.13% |
Figure 2. Carrier Outlook for 2026
Industry Final Expense Sales Expectations
Increasing significantly (more than 10%)
Increasing moderately (between 2% and 10%)
Relatively flat (-2% to 2%)
Final Expense Sales Expectations for Their Company
Increasing significantly (more than 10%)
Increasing moderately (between 2% and 10%)
Relatively flat (-2% to 2%)
Decreasing moderately (between -2% and -10%)
Decreasing significantly (more than -10%)