Updated July 21th, 2022

Do You Want $10,000 Whole Life Insurance? 

If you don’t want to get the runaround and get a quick $10k whole life quote, you can get it in seconds at Online Whole Life Insurance Quotes or use our quoter.  

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Guaranteed Coverage For Burial Costs?  

First of all, if you are looking for a $10,000 quote, you will only get one type of policy: Whole Life Insurance.

You may think you can get a $10,000 term policy, but that won’t be easy in reality. Most companies do not offer term policies for $10,000.

Whole life is the best way to protect yourself for smaller amounts. Also, whole life has great benefits like:

  • Guaranteed Cash Value
  • Guaranteed Death Benefit
  • Level Premiums For Life Guaranteed

These benefits come standard with every whole life policy. You can get a life insurance policy to cover burial costs and many other uses.

A small $10,000 policy can help you cover costs at death like:

  • Funeral
  • Burial
  • Cremation
  • Pay Off Debt
  • Leave A Small Legacy

As you can tell, these are some of the reasons you should get a policy to cover final expense costs.

Sometimes all you want is to get an idea of the prices, so let’s look at the numbers 

The following table displays the cost of a $10,000 whole life insurance.

If you want a more general understanding of whole life costs, you should check out our article: How Much Does Whole Life Insurance Cost?

Whole Life Insurance $10,000 Cost By Age 

The following are rates for $10,000 whole life insurance:

Female Male
20 $13.70 $14.82
25 $14.75 $15.84
30 $16.18 $17.38
35 $17.97 $19.52
40 $19.98 $21.96
45 $22.59 $25.24
50 $25.99 $29.58
55 $31.39 $36.56
60 $36.77 $44.01
65 $46.68 $54.42
70 $60.99 $71.02
75 $80.72 $91.18
80 $106.96 $136.22
85 $161.31 $213.96

The previous table shows an A-rated company’s prices for whole life insurance.

We don’t want to show you all the different companies, making your choice harder. In reality, most of the highly rated companies that specialize in 10k police will all be within a $1 or $2 a month difference.

So your choice will be based on two variables:

  • Price
  • Company Strength

When you run a quote, you will see that all the companies are very similar. So pick a high-rated company that that has a great price.

Guarantee Issue vs Simplified Issue

So now that you know the prices, you want to understand what policy to pick.

There are three main categories of life insurance based on how much a company looks into your health as a factor:

  • Guaranteed Issue
  • Simplified Issue
  • Medically Underwritten

If you want to read a little more in-depth on which is best for you, then you can check out our article:

5 Tips For Final Expense Policies

Most people looking for a life insurance policy of around $10,000 should pick a simplified issue policy.

A simplified issue policy will give you better pricing. And if your health isn’t terrible, you will get approved quickly.

But know if you have any health issues, you can still get a guaranteed issue policy. This policy will be approved regardless of your health.

$10,000 Policy For A Kid

There are other types of whole life policies that are very popular. One of these is a whole life policy on a kid. If you are looking for a whole life policy for your kid, we will give you an idea of the prices.

Kids’ policies can be a unique way to save money in the long run and protect your kids.

Here are rates for a $10,000 kid policy:

Age Female Male
0 $8.84 $10.04
1 $9.07 $10.32
2 $9.31 $10.60
3 $9.58 $10.91
4 $9.87 $11.26
5 $10.16 $11.39
6 $10.47 $11.54
7 $10.80 $11.68
8 $11.11 $11.81
9 $11.27 $11.95
10 $11.43 $12.13
11 $11.62 $12.34
12 $11.81 $12.57
13 $12.01 $12.82
14 $12.21 $13.08
15 $12.42 $13.35
16 $12.67 $13.64

As you can see, it is very affordable to get a $10,000 policy on your kids.

Also, you may want to read more about a whole life policy for your kids. You can go to our article: Whole Life For Kids.

Also, one of the large companies specializing in life insurance for kids is Gerber Life.

You can read our review here: Gerber Whole Life Insurance Review.

For more information on cash value check out our article: Top 7 Whole Life Companies For Cash Value

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Options For $10,000 Policy

Instead of a $10,000 whole life policy, something you should consider is a larger term life policy.

Also, for most people, the main problem is cost. So if you are on a tight budget but still want coverage, you can look into term life. However, getting a $10,000 term insurance policy from a good insurance company will be hard.

The great news is that you can do even better than a $10,000 term policy.

In reality, you get a $10,000 whole life for the same price; you can get a $100,000 term life policy. This will be much less than a dollar a day for most people.

To get a term quote just follow our quoter.

Final Word

Finally, now you have a better idea of pricing for a $10,000 whole life insurance, and you should understand what type of policy fits your situation best.

So don’t hesitate to contact us or to run a quote.

Our experts will help you get the best prices and best coverage.

Additionally, here are the next reads which you may find interesting:

The 10 Best Life Insurance for Seniors in 2021

5 Ways To Get A Cheap Whole Life

Top 7 Whole Life Insurance Companies For Cash Value

Whole Life Insurance For Dummies

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Frequently Asked Questions

1. What is final expense insurance?

Final Expenses Insurance is a type of permanent life insurance policy. This insurance is typically between $1,000 – $50,000 and is intended to pay for expenses that must be covered after you pass away.   

2. Can I buy final expense insurance for my parents?

Yes, you can buy life insurance for your parents. This can be especially helpful if you do not have extra money to help pay for any expenses left behind after your parents pass away. Sadly the one thing we all can count on is that we will pass away someday. However, you can be ready for this with final expense insurance. 
How much is a 10,000 final expense policy? 
Please the table as shown below:
Female Male
20 $13.70 $14.82
25 $14.75 $15.84
30 $16.18 $17.38
35 $17.97 $19.52
40 $19.98 $21.96
45 $22.59 $25.24
50 $25.99 $29.58
55 $31.39 $36.56
60 $36.77 $44.01
65 $46.68 $54.42
70 $60.99 $71.02
75 $80.72 $91.18
80 $106.96 $136.22
85 $161.31 $213.96

3. How long do you pay for final expense insurance?

This can depend on what policy you choose and your needs. For example, you can buy a term or whole life policy that can last for as long as the term length, or a whole life would typically last till age 100. 

4. How much cash value does a $10,000 policy have

This can depend on what kind of policy you choose. Most small policies are whole life policies, but these small policies are designed to cover burial costs. They are not designed to have cash value, so they build cash value very slowly over many years. 

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