Which Companies Offer Burial Insurance In Rhode Island?
Each state regulates insurance products rather than the federal government. That’s why final expenses policies in the USA may vary from state to state. Below is a comprehensive list of which final expense companies offer plans in Rhode Island.
Y2 50% payout,
Y3+ full benefits
How Much Does Final Expense Insurance Cost In Rhode Island?
How Do Burial Insurance Plans Work?
Burial insurance, which is often also called “final expense insurance” or “funeral insurance,” is a small whole life policy meant to cover your end-of-life expenses. Since it’s life insurance, the final result will be a cash payment to your beneficiaries, which they can spend on funeral costs, financial debts, or any other expenses (and they keep any leftover money).
Most companies offer coverage ranging from $2,000 to $50,000, and applications are either approved instantly or within a few days. To qualify, you don’t need to take a medical exam. Most plans only require you to answer some basic health questions.
At the same time, some plans offer a guaranteed acceptance provision (no health questions required). However, those plans are more expensive and have a two-year waiting period. If you die during the waiting period, your beneficiaries will only receive a refund of the money you’ve paid.
Finally, being a type of whole life insurance, the rates will not change, and the coverage will remain active no matter how long you live.
How Much Does A Funeral Cost In Rhode Island?
| Service Type | Average Cost |
|---|---|
| Burial Service | $8,985 |
| Direct Burial (No Service) | $5,287 |
| Cremation Service | $7,023 |
| Direct Cremation (No Service) | $2,460 |
| Funeral with service data source: NFDA General Price List Study Direct funeral data source: Funeralocity |
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The Free Look Period In Rhode Island And The FTC Funeral Rule
Rhode Island life insurance policies contain a free-look provision that lasts ten days. During these ten days, you have the right to cancel (for any reason) and receive a refund of any premiums paid.
On a separate note, the FTC Funeral Rule is helpful to keep in mind for those who are planning a funeral.
This rule requires funeral homes to accept products from third parties, allow consumers to select only the products and services they want, and provide written prices before receiving any payment.
- 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 provision. https://webserver.rilegislature.gov/Statutes/TITLE27/27-4/27-4-6.1.htm#:~:text=R.I.,Laws%20%C2%A7%2027%2D4%2D6.1&text=The%20policy%20or%20contract%20may,contract%20had%20not%20been%20issued.
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FTC 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 12/05/2025.
- Data sourced from Choice Mutual quote calculator using a 365-day rolling average (12/05/2024-12/05/2025).
- Data sourced from 2023 NFDA General Price List Study.
