Which Companies Offer Burial Insurance In Colorado?
Burial insurance plans in the United States vary from state to state. Below is a table outlining the companies available in Colorado.
Y2 50% payout,
Y3+ full benefits
How Much Does Final Expense Life Insurance Cost In Colorado?
The typical cost of a burial policy is $50-$100 monthly, but the net price is based on your precise age, gender, health history, and how much coverage you choose.
How Does Burial Insurance Work?
Burial insurance (also known as final expense or funeral insurance) is a specific type of whole life insurance that’s usually meant to pay for end-of-life costs. These plans have very lenient underwriting so that seniors with pre-existing conditions (even high-risk chronic issues) can still obtain a new policy.
There are two types of final expense insurance:
- Simplified issue: These plans have health questions, but don’t require a medical exam. If approved, there is no waiting period, so you’re fully covered the day you make your first payment.
- Guaranteed issue: These plans have no health questions nor a medical exam. Because you cannot be denied, there is a two-year waiting period. If you die during the waiting period, the insurance company will only refund your money.
Since these are whole life policies, the coverage lasts your entire life. Additionally, premiums will not increase, and cash value will accumulate over time.
How Much Does A Funeral Cost In Colorado?
| Service Type | Average Cost |
|---|---|
| Burial Service | $7,390 |
| Direct Burial (No Service) | $4,857 |
| Cremation Service | $5,505 |
| Direct Cremation (No Service) | $1,725 |
| Funeral with service data source: NFDA General Price List Study Direct funeral data source: Funeralocity |
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Keep in mind that funeral costs vary widely based on your choices and preferences.
The Free Look Period In Colorado And The FTC Funeral Rule
In Colorado, all life insurance policies must include a free look provision that lasts no less than 15 days. This law gives consumers the right to review their policy and cancel it for any reason. Furthermore, they are entitled to a full refund of any premiums that may have been paid.
Another important law you should familiarize yourself with is the FTC Funeral Rule. It’s a national law that governs certain aspects of funeral homes. It mandates that funeral homes provide written prices that outline a full breakdown of all the products and services they offer you.
Furthermore, consumers have the right to purchase products from third parties instead of being required to accept the products offered by the funeral home.
- 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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15 days. https://www.sos.state.co.us/CCR/GenerateRulePdf.do?ruleVersionId=4724&fileName=3%20CCR%20702-4%20Series%204-1
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FTC Funeral Rule. https://consumer.ftc.gov/articles/ftc-funeral-rule
- Data sourced from Choice Mutual quote calculator for a 65-year-old applicant who does not use tobacco. Data is valid as of 07/31/2025.
- Data sourced from Choice Mutual quote calculator using a 365-day rolling average (08/01/2024-08/01/2025).
- Data sourced from 2023 NFDA General Price List Study.
