Which Companies Offer Burial Insurance In Illinois?
Burial insurance plans vary by state since insurance is regulated by each state (not the federal government). Below is a table that outlines all the final expense insurance companies available in Illinois.
How Much Does Final Expense Life Insurance Cost In Illinois?
The cost of funeral insurance varies based on multiple factors, including gender, age, and health, among others.
How Does Burial Insurance Work?
Burial insurance is a marketing term that describes a small death benefit whole life policy, typically intended to cover final expenses. The plans typically offer coverage ranging from $2,000 to $50,000, depending on the company.
A medical exam is never required, and most seniors with prior health issues can obtain a new policy. Some policies even offer guaranteed acceptance, meaning you cannot be denied due to your health or lifestyle.
However, keep in mind that plans with a guaranteed acceptance provision will have a two-year waiting period. If you die during the waiting period, the insurance company will only refund the premiums you have paid. There are plans with no waiting period, but you must qualify for them by answering health questions and subsequently being approved.
When you die, the insurance provider will pay out the death benefit tax-free to your loved ones. They can use the money for funeral expenses or any other purpose.
Given that these plans are a type of whole life insurance, the coverage lasts your entire life, and the premiums never change.
How Much Does A Funeral Cost In Illinois?
| Service Type | Average Cost |
|---|---|
| Burial Service | $8,280 |
| Direct Burial (No Service) | $5,312 |
| Cremation Service | $6,120 |
| Direct Cremation (No Service) | $2,564 |
| Funeral with service data source: NFDA General Price List Study Direct funeral data source: Funeralocity |
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Bear in mind that your preferences heavily influence the net cost. It’s always helpful to use a funeral cost calculator to estimate the cost of your desired funeral accurately.
The Free Look Period In Illinois And The FTC Funeral Rule
The state of Illinois mandates that all life insurance policies contain a free look period that lasts no less than ten days. During this time, a policyholder can cancel the policy and receive a full refund of any premiums paid.
Free look provisions empower consumers to shop for insurance knowing they can back out if they change their mind or realize they’ve been misled about the policy’s details.
Another law to keep in mind is the FTC Funeral Rule. This is a national law that requires funeral homes to provide both written and verbal prices upon request. Furthermore, they must allow you to purchase products from third-party companies.
Lastly, you don’t have to accept any prepackaged funeral plans they may offer you. Instead, you have the right to pick and choose only which products and services you want.
- 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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free look period. https://idoi.illinois.gov/consumers/consumerinsurance/lifeannuities/buying-life-insurance.html
- Data sourced from Choice Mutual quote calculator for a 65-year-old applicant who does not use tobacco. Data is valid as of 08/26/2025.
- Data sourced from Choice Mutual quote calculator using a 365-day rolling average (08/27/2024-08/27/2025).
- Data sourced from 2023 NFDA General Price List Study.
