Which Companies Offer Burial Insurance in Arkansas?
States regulate insurance rather than the federal government. Because of that, burial insurance in the USA varies by state.
Below is a table showing which final expense insurance companies are available in Arkansas.
Y2 50% payout,
Y3+ full benefits
How Much Does Final Expense Insurance Cost In Arkansas?
$50-$100 per month is the typical cost of a $10,000 final expense policy.
But remember that prices are determined based on your exact age, state of residence, gender, health, lifestyle (tobacco usage), and the amount of coverage you want.
Below are some sample quotes for a final expense policy. All prices shown are monthly.
How Does Burial Insurance Work?
A burial life insurance policy is a type of whole life insurance that offers small death benefit options and very lenient underwriting. There are no medical exams, and most health issues will not prevent acceptance.
The proceeds from the policy are generally meant to pay for end-of-life expenses. However, your loved ones may spend the money on anything, including medical bills, debts, or anything else. Also, your beneficiaries may keep any leftover money.
Generally, you only have to fill out a basic health questionnaire. Plans with health questions offer no waiting period if you’re accepted.
On the flip side, there are policies without health questions. Those are called guaranteed acceptance because you can’t be denied due to pre-existing conditions. Plans with guaranteed approval always have a two-year waiting period.
Death during the waiting period will only result in your beneficiaries receiving the premiums you paid plus interest (10% is standard).
Senior final expense policies have a fixed cost, so the price will never change. In addition, the coverage lasts a lifetime, and it builds cash value.
How Much Does A Funeral Cost In Arkansas?
| Service Type | Average Cost |
|---|---|
| Burial Service | $7,912 |
| Direct Burial (No Service) | $4,466 |
| Cremation Service | $5,890 |
| Direct Cremation (No Service) | $1,679 |
| Funeral with service data source: NFDA General Price List Study Direct funeral data source: Funeralocity |
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Funeral expenses fluctuate greatly depending on whether or not you want a burial or cremation service. It’s helpful to use a funeral expenses calculator to accurately estimate the cost of a funeral based on your preferences.
The Free Look Period In Arkansas And The FTC Funeral Rule
The Arkansas Department of Insurance requires (Ark. Code Ann. § 23-79-112) that all life insurance contracts include a ten-day free-look provision.
The free look provision entitles the policyholder to the right to refuse any policy they have bought and receive a refund of any premiums.
That means if you buy the wrong final expense insurance policy or change your mind, you have the guaranteed right to cancel it and get a refund.
Another law to be aware of that is helpful in the funeral planning process is the FTC Funeral Rule. This national law requires funeral homes to provide written or verbal pricing.
In addition, consumers have the right to select and choose which services they want, rather than having to accept prepackaged funerals that the funeral home may offer.
- Nationally licensed life insurance agent with over 15 years of experience
- Personal annual production that puts him in the top .001% out of all life insurance agents in the nation.
Anthony Martin is a nationally licensed insurance expert with over 15 years of experience and has personally served over 10,000 clients with their life insurance needs. He frequently authors entrepreneurial and life insurance content for Forbes, Inc.com, Newsweek, Kiplinger, and Entreprenuer.com. Anthony has been consulted as an expert life insurance source for dozens of high-profile websites such as Forbes, Bankrate, Reuters, Fox Business, CNBC, Investopedia, Insurance.com, Yahoo Finance, and many more.
- Nationally licensed life insurance agent with over 19 years of experience
- Best selling Amazon author.
Jeff Root is a nationally licensed life insurance expert with over 19 years of experience. He has personally helped over 3000 clients with their life insurance needs. Jeff is a best-selling Amazon author and the managing partner of a highly successful insurance brokerage that manages over 2,500 licensed insurance agents across the USA. He has been a featured life insurance source for prestigious websites such as Forbes, Bloomberg, MarketWatch, Nerdwallet, and many more.
- Nationally licensed life insurance agent with over 14 years of experience
- Best selling Amazon author of five insurance sales books.
David Duford is a nationally licensed insurance expert with over 14 years of experience. He has personally helped more than 15,000 clients buy life insurance. David has been featured as an expert source for highly authoritative publications such as A.M. Best and Insurancenewsnet. He also runs one of the largest Youtube channels to help aspiring insurance agents serve their clients better.
- Nationally licensed life insurance agent with over 19 years of experience
- Best selling Amazon author.
Jeff Root is a nationally licensed life insurance expert with over 19 years of experience. He has personally helped over 3000 clients with their life insurance needs. Jeff is a best-selling Amazon author and the managing partner of a highly successful insurance brokerage that manages over 2,500 licensed insurance agents across the USA. He has been a featured life insurance source for prestigious websites such as Forbes, Bloomberg, MarketWatch, Nerdwallet, and many more.
- Nationally licensed life insurance agent with over 14 years of experience
- Best selling Amazon author of five insurance sales books.
David Duford is a nationally licensed insurance expert with over 14 years of experience. He has personally helped more than 15,000 clients buy life insurance. David has been featured as an expert source for highly authoritative publications such as A.M. Best and Insurancenewsnet. He also runs one of the largest Youtube channels to help aspiring insurance agents serve their clients better.
Choice Mutual often cites third-party websites to provide context and verification for specific claims made in our work. We only link to authoritative websites that provide accurate information. You can learn more about our editorial standards, which guide our mission of delivering factual and impartial content.
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NFDA General Price List Study. https://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
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Funeralocity. https://www.funeralocity.com/average-funeral-price
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Ark. Code Ann. § 23-79-112. https://regulations.justia.com/states/arkansas/agency-054/rule-054-00-94-007/
- Data sourced from Choice Mutual quote calculator for a 65-year-old applicant who does not use tobacco. Data is valid as of 07/14/2025.
- Data sourced from Choice Mutual quote calculator using a 365-day rolling average (07/21/2024-07/21/2025).
- Data sourced from 2023 NFDA General Price List Study.
