Which Companies Offer Burial Insurance In Ohio?
The federal government does not regulate or control the insurance industry. States dictate insurance laws and regulations.
That’s why burial insurance in the USA varies from state to state. The table below outlines some of Ohio’s top final expense insurance companies.
Y2 50% payout,
Y3+ full benefits
How Much Does Final Expense Insurance Cost In Ohio?
The cost of final expense coverage typically ranges from $50 to $100 per month for a $10,000 policy. However, the price you’ll be charged is a function of your health, gender, exact age, tobacco usage history, and the death benefit coverage you purchase.
How Do Final Expense Life Insurance Plans Work?
Final expense insurance is a small death benefit whole life insurance plan primarily meant to pay for funeral expenses.
However, the policy pays out a cash benefit (tax-free), so your loved ones can use the money on anything, not just funeral costs.
Most final expense insurance companies offer coverage between $2,000 and $50,000.
Final expense policies don’t require a medical exam. Generally, you only need to answer some basic health questions.
Some are guaranteed acceptance final expense policies that have no health questions. With those, you cannot be denied due to previous health conditions. However, guaranteed issue plans all have a two-year waiting period before you’re insured for natural causes of death.
If you die during a waiting period, the life insurance company will only return your premiums plus a small amount of interest.
Policies with health questions have no waiting period and fully cover you immediately.
Since these are whole life policies, the coverage will last forever, never decrease in value, and the price never changes. Also, they build cash value that you can borrow from whenever you want.
How Much Does A Funeral Cost In Ohio?
| Service Type | Average Cost |
|---|---|
| Burial Service | $8,280 |
| Direct Burial (No Service) | $4,950 |
| Cremation Service | $6,120 |
| Direct Cremation (No Service) | $2,057 |
| Funeral with service data source: NFDA General Price List Study Direct funeral data source: Funeralocity |
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Using a funeral costs calculator will help you accurately estimate what a funeral may cost you.
The Free Look Period In Ohio And The FTC Funeral Rule
Every life insurance policy in Ohio comes with a free-look provision. The free look clause grants you the right to refuse your policy for any reason.
Furthermore, you’re entitled to a refund of any premiums if you exercise the free look option. The Ohio Department of Insurance requires the free look period to last 30 days.
If you’re planning a funeral, you should also be aware of the Funeral Rule from the Federal Trade Commission. This federal law requires funeral homes to adhere to specific regulations.
First, they must provide you with a written price list for all their goods and services. It also requires them to accept third-party products (such as caskets). It also entitles consumers to the right to pick and choose which products and services they want from the funeral home. They do not have to accept pre-packaged funerals that combine products and services.
How To Get Burial Expense Insurance In Ohio
When buying burial insurance, you’re either going to do it by working with a broker or by buying directly from the insurer. There are pros and cons to each option, but generally speaking, brokers offer the most affordable policies.
Independent agencies (brokers) partner with multiple insurers, allowing them to freely choose the one that is best for each client. Just make sure you find an agency that has at least ten different insurance companies to choose from.
On the flip side, if you’re insistent on not speaking with an agent, TruStage and the AARP life insurance program are two decent options to explore.
- 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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states dictate insurance laws. https://www.iii.org/publications/commercial-insurance/how-it-functions/regulation
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NFDA funeral cost report. 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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Ohio Department of Insurance. https://insurance.ohio.gov/static/Consumer/Publications/CompleteLifeGuide.pdf
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Funeral Rule. https://www.ftc.gov/news-events/topics/truth-advertising/funeral-rule
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Funeralocity. https://www.funeralocity.com/average-funeral-price
- Data sourced from Choice Mutual quote calculator for a 65-year-old applicant who does not use tobacco. Data is valid as of 08/22/2025.
- Data sourced from Choice Mutual quote calculator using a 365-day rolling average (08/22/2024-08/22/2025).
- Data sourced from 2023 NFDA General Price List Study.
