Best Funeral/Burial Insurance Companies in United States (US)

In the United States, funeral insurance offers financial comfort during a trying period. This specialist insurance plan was created to assist families in paying for expenses like funeral and burial charges that come with making final arrangements for a loved one. By ensuring that these expenses are covered, it lessens the burden on bereaved families, allowing them to concentrate on paying tribute to their loved one’s memory without being distracted by further financial stress.

People must weigh their alternatives and select a funeral insurance plan that best fits their unique requirements and financial constraints because funeral insurance policies differ in terms of coverage and providers.

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1. Funeral / Burial Insurance

Funeral insurance, commonly referred to as burial insurance or final expense insurance, offers a set payout to cover funeral and burial costs, relieving the financial strain on bereaved relatives. This insurance is an affordable choice for people looking for a dignified exit or financial support for their beneficiaries because it offers relatively low death benefits. It makes sure that the costs of the funeral are covered, allowing families to concentrate on the emotional components of grieving the loss of a loved one.

1.1 Need for Funeral / Burial Insurance

By offering financial assistance during a trying and emotionally taxing time, funeral insurance meets a pressing social need. When a loved one passes away, there are immediate costs that can be significant, such as funeral and burial arrangements. Many families might not have the money on hand to pay for these expenses, which can add stress and financial strain to an already tough situation.

Funeral insurance fills in this financial vacuum by providing a particular reimbursement intended to cover these costs, enabling families to hold heartfelt funerals without worrying about the cost. It gives people and their loved ones peace of mind, letting them to concentrate on paying tribute to the deceased’s memory and getting through their loss rather than worrying about unforeseen financial obligations.

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2. Best Funeral/Burial Insurance Companies of United States (US)

To provide financial protection for your loved ones after your death, consider investing in burial insurance. Navigating the process of selecting the best policy involves understanding what burial insurance is, comparing plans, obtaining quotes, and choosing the right one, which is the first step in determining the right policy.

2.1 Top Funeral/Burial Insurance Companies According to Our Rating

After taking into account all of these elements, choosing the top burial insurance providers is simpler. The following businesses are excellent choices for customers who require burial insurance because they satisfy all the requirements.

Insurance Company	Coverage Options	Applicant Age Range
Mutual of Omaha	$2,000 – $50,000	45-85
Aetna	$2,000 – $50,000	40-89
AIG	$5,000 – $25,000	50-80
AAA	$5,000 – $25,000	45-85
Transamerica	$1,000 – $50,000	45-85
Royal Neighbors of America	$7,000 – $30,000	50-80
Liberty Bankers Life	$3,000 – $40,000	50-85
Foresters Financial	$5,000 – $35,000	50-85
Prosperity Life Group	$5,000 – $35,000	55-80
Americo	$5,000 – $40,000	40-85

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3. Mutual of Omaha – United States (US)

3.1 Why Its Highly Recommended – Mutual of Omaha United States (US)

The funeral plan offered by Mutual of Omaha (also known as “United of Omaha”) is called “Living

Mutual of Omaha offers the best whole life insurance plan for seniors, with low pricing and acceptance of common health conditions. They offer up to $50,000 for seniors over 80, with approvals in 24 to 48 hours. They also offer the best life insurance for kids.

3.2 Pros & Cons – Mutual of Omaha United States (US)

Pros	Cons
Large coverage limits (up to $50,000)	Waiting period of two years for any of these health conditions
Optional rider for accidental death	Not a guarantee problem (eligibility depends on your health)
There is no waiting period insurance available.	For a phone interview to clarify some of your medical information, they will choose applicants at random.
Easy underwriting that considers a variety of health conditions	No monthly payments via mail

3.3 Company Overview – Mutual of Omaha United States (US)

Omaha, Nebraska-based Mutual of Omaha is a Fortune 500 provider of mutual insurance and financial services. It was first established in 1909 under the name Mutual Benefit Health & Accident Association.

They provide a variety of insurance products, including term, whole, and universal life insurance, Medicare coverage, long-term care, dental, and accidental death insurance.

On the documentation, “United of Omaha” will appear for all life insurance policies (including Mutual Omaha burial policies) issued by Mutual of Omaha.

Industry	Finance, Insurance
Founded	1909; 114 years ago
Headquarters	Omaha, Nebraska, U.S.

3.4 Products & Services – Mutual of Omaha United States (US)

Burial services offered by the company are,

1. Living Promise – Level
2. The Graded Plan
3. Riders          
4. Terminal Illness Rider
5. Nursing Home Confinement Rider

3.5 Contact Details – Mutual of Omaha United States (US)

You can contact company through,

Phone Number	877-355-1539
Address	Dodge @ 33rd St Omaha, NE 68175
Email	[email protected].
Official Website	https://www.mutualofomaha.com/

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4. Aetna – United States (US)

4.1 Why Its Highly Recommended – Aetna United States (US)

Aetna Life Insurance Company accepts applications up to 89 years old, offering affordable senior burial insurance and no-waiting-period policies for high-risk medical conditions like COPD. The company offers easy phone applications and frequently updates on approval or denial within less than 15 minutes.

4.2 Pros & Cons – Aetna United States (US)

Pros	Cons
There isn’t a waiting period for the preferred and regular plans.	Several businesses provide slightly reduced prices.
Only health-related inquiries must be addressed to qualify (no exam)	The revised strategy is rather pricey.
Often, approvals are given in less than five minutes.	No alternatives for assurance of acceptance
Reasonable costs compared to the majority of other providers	Mail delivery times are slower than those of most other provider.  .

4.3 Company Overview – Aetna United States (US)

American managed health care provider Aetna Inc. primarily sells traditional and consumer-directed health care insurance and related services, such as medical, pharmaceutical, dental, behavioral health, long-term care, and disability plans, through employer-paid (fully or partially) insurance and benefit programs, as well as through Medicare. As of November 28, 2018, the business is a division of CVS Health.

Industry	Managed health care
Founded	May 28, 1853; 170 years ago (as Aetna Life Insurance Company)
Founder	Eliphalet Adams Bulkeley
Headquarters	Hartford, Connecticut, U.S.

4.4 Products & Services – Aetna United States (US)

Insurance plan offered by the company are,

Level

Graded

Modified

4.5 Contact Details – Aetna United States (US)

You can contact company through,

Phone Number	800-264-4000
Address	151 Farmington Ave. Hartford, CT 06156
Email	[email protected].
Official Website	https://www.aetna.com/

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5. AIG – United States (US)

5.1 Why Its Highly Recommended – AIG United States (US)

AIG uses guaranteed issue life insurance for funeral coverage, which does not require medical exams or health-related questions. Benefits are restricted for the first 24 months, and only 110% of premiums paid will be refunded if a death occurs within the first two years.

The coverage also covers two riders: chronic sickness riders, who refund premiums if two activities of daily living are impossible, and terminal disease riders, who provide up to 50% of death benefit in case of a terminal illness.

5.2 Pros & Cons – AIG United States (US)

Pros	Cons
There are no health tests or inquiries.	Even those in good health have to wait.
Assurance of acceptance	Minimum coverage is low in comparison to other providers.
Affordable costs for most ages	Some final expenditure providers charge less.
Available in almost every state	No possibilities after the age of 80

5.3 Company Overview – AIG United States (US)

With operations in more than 80 nations and jurisdictions, American International Group, Inc. (AIG) is an American global financial and insurance firm.  49,600 persons were employed by AIG firms as of January 1st, 2019.  The corporation runs through three main divisions: general insurance, life and retirement, and a stand-alone subsidiary with a focus on technology.

Industry	Financial services
Founded	December 19, 1919; 103 years ago[1] Shanghai, China
Founder	Cornelius Vander Starr
Headquarters	New York City, New York, U.S.

5.4  Products & Services – AIG United States (US)

Funeral services provided by the company is

Final Expense Insurance

It includes,

1. Guaranteed Protection
2. Senior Life Insurance

5.5 Contact Details – AIG United States (US)

You can contact company through,

Phone Number	800-225-5244
Address	1271 Ave of the Americas FL 41. New York, NY 10020-1304
Email	[email protected]
Official Website	https://www.aig.com/worldwide

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6. AAA – United States (US)

6.1 Why Its Highly Recommended – AAA United States (US)

AAA offers assured acceptance coverage with a two-year waiting period, a unique feature of a 130% refund in the first two years for non-accidental deaths and double death benefit in accidents.

6.2 Pros & Cons – AAA United States (US)

Pros	Cons
When compared to other insurance providers, it is frequently the least expensive guaranteed issue coverage.	There is a 24-month waiting period for everyone (no immediate coverage options)
Accepts fresh candidates up to the age of 85	Only reimburses premiums plus interest if you pass away during the first two years from natural causes.
The insurance coverage is perpetual, and premiums and death benefits never alter	You can probably obtain a plan with no waiting period unless you have serious health conditions. other burial insurance plan
Nearly all states have access to it; New York is the sole exception.	Unless you have extremely serious health conditions, you can get significantly better costs from alternative businesses

6.3 Company Overview – AAA United States (US)

Providing life insurance and annuity products, AAA Life Insurance Company joined AAA in 1969. Some of the biggest organizations within the AAA network own AAA Life, which has its main office in Livonia, Michigan.

Many clients have relied on AAA Life to help them provide financial security for individuals they care about, and the company currently has over 1,500,000 active policies. As of September 2022, AAA Life Insurance Company has an AM Best rating of A (Excellent).

Industries	Financial Services Insurance Life Insurance
Headquarters Regions	Greater Detroit Area, Great Lakes, Midwestern US
Founded Date	1969

6.4 Products & Services – AAA United States (US)

Company offers,

Graded Benefit Whole Life Insurance

This policy offers a graded benefit provision, providing full coverage for accidental deaths. If a covered non-accidental death occurs within the first two years, beneficiaries receive 130 percent of premiums. The full benefit amount is provided for any cause after two years.

6.5 Contact Details – AAA United States (US)

You can contact company through,

Phone Number	1-888-523-1863
Address	17900 N. Laurel Park Drive, Livonia, MI 48152.
Email	[email protected]
Official Website	https://www.ace.aaa.com/insuranc

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7. Transamerica – United States (US)

7.1 Why Its Highly Recommended – Transamerica United States (US)

Transamerica’s Immediate Solution funeral life insurance offers competitive premiums and lax underwriting, making it the cheapest option for seniors over 70.

 Transamerica offers a unique plan with no waiting period for high-risk chronic conditions and allows Direct Express Mastercard payments from Social Security. However, the application process is cumbersome and can take up to five business days to get approved if not auto-accepted.

7.2 Pros & Cons – Transamerica United States (US)

Pros	Cons
There is no waiting period for either the preferred or regular plans.	There are less expensive carriers available at certain ages.
To qualify, there is no exam to take (only health questions)	The graded plan is wildly inflated in price.
Often, approvals take no more than 15 minutes.	No matter why they were provided, antipsychotic drugs will result in the graded plan being made available.
Use a Direct Express credit card to make the payment.	No choice with a guarantee of approval.

7.3 Company Overview – Transamerica United States (US)

Life and supplemental health insurance, investments, and retirement services are all provided by the American holding corporation, Transamerica Company, which is predominantly based in the United States.

Industry	Insurance Investments Retirement planning
Founded	1928; 95 years ago
Headquarters	Baltimore, Maryland, US

7.4 Products & Services – Transamerica United States (US)

Company offers Transamerica Final Expense Insurance,

1. Preferred
2. Standard
3. Graded

7.5 Contact Details – Transamerica United States (US)

You can contact company through,

Phone Number	1-800-527-9027
Address	6400 C St. SW, Cedar Rapids, IA 52499.
Email	[email protected].
Official Website	www.transamerica.com

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8. Royal Neighbors of America – United States (US)

8.1 Why Its Highly Recommended – Royal Neighbors of America United States (US)

Royal Neighbors offers a flexible underwriting period, accepting more dangerous pre-existing conditions than other providers. They offer comparable premiums and offer free member benefits. Policyholders can submit applications via phone or email, and within 10 minutes, each selection is approved or rejected. They also accept diabetes, even with complications, for immediate death benefits.

8.2 Pros & Cons – Royal Neighbors of America United States (US)

Pros	Cons
Aggressively lax underwriting that accepts a range of dangerous medical problems (far more so than other providers).	Some providers of burial insurance charge less.
The business that insures persons with a history of diabetes is without a doubt the best.	When compared to other companies, their rates for people aged 50 to 59 are exceptionally high.
There are no height to weight restrictions, therefore extremely fat people can still qualify.	As opposed to other carriers, the minimum face amount is $7,000
Reasonable prices for most ages	There are numerous states where the item is not sold.

8.3 Company Overview – Royal Neighbors of America United States (US)

A fraternal group called Royal Neighbors of America was founded in 1895. At Illinois’ Rock Island, they have their main office.

They provide a wide range of life insurance products, such as annuities, traditional whole life, term life, senior final expense insurance, and whole life insurance for children.

Industries	Association Communities Healthcare Lifestyle
Founded Date	1895
Headquarters Region	Greatlakes, Midwestern US

8.4 Products & Services – Royal Neighbors of America United States (US)

Royal Neighbors final expense life insurance provides a tax-free cash benefit for beneficiaries to use for medical bills, credit card debts, or other outstanding bills.

Royal Neighbors of America offers two different health ratings that you may qualify for.

1. Simplified issue whole life
2. Graded

8.5 Contact Details – Royal Neighbors of America United States (US)

You can contact company through,

Phone Number	800- 627-4762
Address	230 16th St, Rock Island, Illinois, 61201, United States
Email	[email protected]
Official Website	https://www.royalneighbors.org/

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9. Liberty Bankers Life – United States (US)

9.1 Why Its Highly Recommended – Liberty Bankers Life United States (US)

Liberty Bankers Life is a burial insurance company that provides immediate coverage for COPD patients with great prices and a fast application process. Eligibility depends on answering health questions and medication history. They also offer pre-need insurance, which names the funeral home as the beneficiary, which is more expensive but well worth it if the payments can be afforded.

9.2 Pros & Cons – Liberty Bankers Life United States (US)

Pros	Cons
There is no waiting period for the favored and standard ratings.	There are other final expenditures providers with more affordable rates (not by much)
To be eligible, only a health questionnaire is needed (no exam).	No choice with a guarantee of approval
Most applications are rejected or granted in ten minutes or less.	Each hospitalization within the previous 12 months, regardless of the reason, is a deterioration.
When compared to other carriers, their prices are on the lower end of the scale.	Candidates taking prescription blood thinners will, at most, receive the standard rating.

9.3 Company Overview – Liberty Bankers Life United States (US)

For than 60 years, Liberty Bankers Life has been in business. They offer annuity products, pre-need insurance, senior burial insurance, Medicare supplements, and home service life (where the premiums are personally collected).

Two companies that belong to Liberty Bankers are affiliates include:

1. Corporation for American Benefit Life Insurance
2. Corporation of Capital Life Insurance

Industries	Financial Services Health Care Health Insurance Insurance Life Insurance Medical Retirement
Headquarters Regions	Dallas/Fort Worth Metroplex, Southern US
Founded Date	1907
Founders	Bradford A. Phillips Operating Status

9.4 Products & Services – Liberty Bankers Life United States (US)

Liberty Bankers Life final expense insurance is a comprehensive whole life policy that covers funeral, medical, and other expenses, paying death benefit upon policyholder’s death.

Liberty Bankers Life offers burial insurance with three different health ratings that can be qualified for.

1. Preferred
2. Standard
3. Modified

9.5 Contact Details – Liberty Bankers Life United States (US)

You can contact company through,

Phone Number	800-731-4300
Address	1605 Lyndon B. Johnson Freeway, Suite 700, Dallas, Texas 75234
Email	[email protected]
Official Website	https://www.lbig.com/

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10. Foresters Financial – United States (US)

10.1 Why Its Highly Recommended – Foresters Financial United States (US)

Foresters Financial offers lower premiums for seniors with common health conditions like diabetes and high blood pressure. They are the only final expense insurance company to approve Cirrhosis for a no-waiting period policy. They offer Advantage Plus, a traditional whole life policy, and member benefits at no extra cost.

10.2 Pros & Cons – Foresters Financial United States (US)

Pros	Cons
There is no waiting period for both the preferred and regular ratings.	Several businesses provide discounted prices for a certain age range.
Excellent costs compared to other providers	The minimum face amount is $5,000, which is somewhat higher than what most companies charge.
Favorable underwriting that accepts most seniors with common health concerns associated with aging	No choice with a guarantee of approval
All policyholders have free access to numerous excellent member benefits.	If you want to replace an existing life insurance policy, you must have a face-to-face meeting with an agent.

10.3 Company Overview – Foresters Financial United States (US)

Since 1874, Foresters Financial has been in operation. Although they have an office in Ontario, Canada, they distribute insurance all over the United States, with the exception of New York.

They provide a range of life insurance policies, such as universal life, term life, funeral insurance for seniors, funeral insurance for grandkids, and life insurance for children.

They got an A (Excellent) grade from A.M. Best because of their excellent financial stability.

Industry	Financial services
Founded	1874; 149 years ago
Headquarters	Toronto, Ontario, Canada
Areas served	Canada United Kingdom United States

10.4 Products & Services – Foresters Financial United States (US)

Foresters Financial provides burial insurance, a tax-free cash benefit for family members to cover funeral expenses, covering outstanding medical bills and debts, and requires health questions and prescription history information.

You might be given one of three health ratings based on how you answer the questions about your health:

1. Preferred
2. Standard
3. Basic

10.5 Contact Details – Foresters Financial United States (US)

You can contact company through,

Phone Number	1-800-828-1540
Address	Foresters House, 2 Cromwell Avenue, Bromley, BR2 9BF.
Email	[email protected].
Official Website	www.foresters.com

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11. Prosperity Life Group – United States (US)

11.1 Why Its Highly Recommended – Prosperity Life Group United States (US)

Prosperity Life Group offers competitive underwriting and low prices for serious medical conditions, including non-cigarette smoking rates. They only apply tobacco prices to smokers, accept high-risk health issues, and have a simple 15-minute decision application process.

11.2 Pros & Cons – Prosperity Life Group United States (US)

Pros	Cons
There is no waiting period for level benefits.	Other businesses provide more affordable prices
To be eligible, only a health questionnaire is needed (no exam necessary)	The revised strategy is highly pricey.
Users of other tobacco products are entitled to non-tobacco prices.	Antipsychotic medicines will result in the graded plan being provided (for any reason).
Approvals typically take ten minutes	No option with guaranteed issue

11.3 Company Overview – Prosperity Life Group United States (US)

For more than 75 years, Prosperity Life Group has provided life insurance.

Their affiliate businesses consist of:

1. Shenandoah Life Insurance Company
2. USA Life Insurance Company, Inc.
3. SBLI USA Life Insurance Company Inc.

Industries	Assessment Management Commercial Insurance Health Care Health Insurance Insurance
Founded Date	1916
Headquarter	Greater New York area, East Coast, Northeastern US

11.4 Products & Services – Prosperity Life Group United States (US)

Prosperity Life burial insurance is a no-exam, whole life policy that covers final expenses without a medical exam. It requires health questions and reviews prior medications. Premiums remain constant, face value doesn’t decrease, and cash value accumulates over time. Prosperity pays beneficiaries the death benefit tax-free, allowing them to use the proceeds for other expenses.

Three health rankings that you can be eligible for:

1. Level
2. Graded
3. Modified

11.5 Contact Details – Prosperity Life Group United States (US)

You can contact company through,

Phone Number	1-866-380-6413
Address	100 W 33rd St Ste 1007, New York City, New York, 10001, United States
Email	[email protected]
Official Website	www.prosperitylife.com

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12. Americo – United States (US)

12.1 Why Its Highly Recommended –  Americo United States (US)

Americo’s burial life insurance offers limited health questions and no waiting period, but is expensive and only suitable for high-risk medical conditions. It pays out double for accidental death, unlike other carriers. The application is straightforward and approvals take less than five minutes.

12.2 Pros & Cons – Americo United States (US)

Pros	Cons
Doubles the amount of the accidental death benefit (no extra cost for this)	Prices exceed those of the majority of final expense providers.
Extremely quick approvals	The guaranteed issue option has a $10,000 maximum and is highly pricey.
Those with extremely high-risk conditions can be covered without a waiting time because to underwriting	Due to their peculiar tobacco policy, tobacco users should stay away from Americo
Option with assurance of approval	Cannot pay semi-annually or quarterly

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12.3 Company Overview – Americo United States (US)

From its founding in 1909, Americo has maintained an A (Excellent) grade with A.M. Best. They provide a variety of life insurance policies, such as term, whole life, and burial insurance. The privately held corporation Americo has a number of subsidiaries.

Founded	1909
State Availability	All states except California, Minnesota, New York, and Pennsylvania.

12.4 Product & Services – Americo United States (US)

There are two Americo funeral insurance plan choices:

1. Eagle Premier
2. Eagle Premier Guaranteed

12.5 Contact Details – Americo United States (US)

You can contact company through,

Phone Number	800.231. 0801
Address	300 W 11th St, Kansas City, MO 64105, United States
Email	[email protected]
Official Website	www.americo.com

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13. FAQs – Funeral/Burial Insurance United States (US)

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14. Conclusion – Funeral/Burial Insurance United States (US)

In conclusion, funeral and burial insurance in the United States is a crucial financial tool for giving people and their families comfort and financial stability during a trying time. This kind of insurance aids in defraying funeral, burial, and other related expenditures, allowing loved ones to honor a life well-lived without having to worry about money.

Its significance comes in the emotional and monetary support it provides to mourning families, enabling them to concentrate on honoring their loved one’s memory without worrying about financial pressure. Funeral and burial insurance can vary in terms of coverage and premiums.

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