Disclosed is a fuse resistor representing superior manufacturing efficiency and assembling reliability. The fuse resistor includes a resistor, a thermal fuse that is disconnected by heat generated from the resistor, and a case receiving the resistor and the thermal fuse therein and having a space section for transferring radiant heat of the resistor to the thermal fuse. Fillers are not required so that the manufacturing process is simplified. Since the assembling process is completed by covering a body of the case with a cap after the resistor and the thermal fuse have been inserted into the body, the manufacturing efficiency is improved.