Which Companies Offer Burial Insurance In Oklahoma?
Because life insurance products are regulated by states, burial insurance policies in the USA vary from state to state. Below is a table with all the various final expense insurance companies that offer coverage in Oklahoma.
How Much Does Final Expense Insurance Cost In Oklahoma?
While the average cost of final expense insurance is roughly $50 to $100 per month, your actual price will depend on multiple factors, such as age, health, and gender, among others.
How Do Burial Insurance Plans Work?
Final expense coverage is a type of whole life insurance that provides a quick cash benefit to your family, allowing them to cover your end-of-life costs. Furthermore, your family can allocate the money to other expenses, such as medical bills or debts, and retain any remaining funds.
To qualify, you don’t have to take a medical exam. Generally, you only have to answer some basic health questions. Some policies actually have no health questions and guaranteed approval. However, please note that any guaranteed approval policy will be more expensive and come with a two-year waiting period.
If you die during the waiting period, the insurer will only refund your premiums, plus approximately 10% interest.
How Much Does A Funeral Cost In Oklahoma?
| Service Type | Average Cost |
|---|---|
| Burial Service | $7,912 |
| Direct Burial (No Service) | $5,890 |
| Cremation Service | $4,950 |
| Direct Cremation (No Service) | $2,057 |
| Funeral with service data source: NFDA General Price List Study Direct funeral data source: Funeralocity |
|
The Free Look Period In Oklahoma And The FTC Funeral Rule
In Oklahoma, all life insurance policies must have at least a ten-day free look period, whereby you can cancel and receive a refund. This provision protects you from scammers or if you experience a change in circumstances and need to cancel the policy.
For funeral planning, the FTC’s Funeral Rule can help protect you from being taken advantage of. It requires funeral homes to provide transparent pricing (written or verbal). Additionally, they must allow consumers to select only the products and services they desire, rather than being forced to accept pre-packaged funeral plans. Lastly, you have the right to buy products from outside sources.
How To Get Final Expense Insurance In Oklahoma
Final expense policies all have various limitations, costs, and coverage amounts. For that reason, it’s critically important to compare multiple providers side by side to find the best policy.
You can either buy directly from an insurer such as Colonial Penn or New York Life. In that circumstance, you don’t need to speak with an agent because you can buy online or through the mail.
On the other hand, you can utilize the services of an independent agent who is authorized to sell policies for multiple providers. Essentially, they compare each company to identify which one will offer you the best deal. In nearly every case, working with an agent is superior to buying directly from an insurance company.
First, most insurers (over 90%) do not sell their policies directly to consumers. Instead, they exclusively sell their products through licensed agents. For example, you cannot buy Mutual of Omaha Living Promise coverage directly from Mutual of Omaha. They only sell it through licensed brokers.
Another advantage to working with an agent is that they compare many companies side by side on your behalf, which is not something a company like Colonial Penn can or would do (if they could).
- 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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In Oklahoma. https://law.justia.com/codes/oklahoma/title-36/section-36-4003-1/
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FTC’s Funeral Rule. https://www.ftc.gov/news-events/topics/truth-advertising/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 09/15/2025.
- Data sourced from Choice Mutual quote calculator using a 365-day rolling average (09/16/2024-09/16/2025).
- Data sourced from 2023 NFDA General Price List Study.
