State Farm only offers guaranteed acceptance final expense insurance, which has a two-year waiting period. You’ll need to look elsewhere if you want a policy that provides immediate coverage.
There is no question that State Farm is a massive and trustworthy insurance company with tens of millions of policyholders. As of 2024, State Farm was ranked as the single largest Property and Casualty insurer in the USA and ranked as the 8th largest life insurer.
That said, this product is not worth buying (in any circumstance). The core issue is that A) it’s far more costly compared to other providers that offer the exact same plan for substantially less, and B) they don’t offer a burial policy with no waiting period.
Here are some numbers to prove the point. A 65-year-old female seeking $15,000 will pay $94.16 monthly with State Farm. The exact same policy will cost $74.50 with Mutual of Omaha, $68.80 with Physicians Mutual, or $80.00 with AAA. Remember, too, that all these companies are just as financially sound as State Farm.
Sadly, many prominent websites that most people implicitly trust, such as Forbes, Nerdwallet, and CNBC, all claim that State Farm is one of the best burial insurance companies. They are wrong. Those websites only rank State Farm as one of the best because the authors of the articles lack any meaningful knowledge about final expense insurance and because they are paid to promote it.
State Farm is a great insurance company, but this policy they offer is of no value.
- You can’t be declined due to your health history.
- Trusted brand name and best-in-class financial ratings.
- Fixed-rate and coverage lasts forever.
- 2-year waiting period.
- Much higher prices compared to other guaranteed acceptance providers.
- Does not offer burial insurance with no waiting period.
How Does State Farm Final Expense Insurance Work?
State Farm’s final expense insurance is a guaranteed issue whole life policy.
You don’t have to complete a medical exam or answer health questions. However, they will only refund 110% of your premiums if you die during the first two years.
Because it’s a whole life policy, it will last forever, and the premiums will never increase and will build cash value.
Assuming you live for more than two years, State Farm will pay out the death benefit directly to your beneficiaries through a tax-free cash payment.
Your loved ones can spend on funeral costs, medical bills, debts, or other end-of-life expenses. If your family has leftover money, they get to keep it.
How Much Does State Farm Burial Insurance Cost?
State Farm guaranteed issue final expense costs $34-$261 monthly for a $10,000-$15,000 death benefit. The exact cost depends on your age, state, and the amount of coverage you want. Below is a table with some sample prices.
| Age & Gender | $10,000 | $15,000 |
|---|---|---|
| Female age 45 | $29 | $41 |
| Male age 45 | $34 | $48 |
| Female age 50 | $35 | $49 |
| Male age 50 | $41 | $59 |
| Female age 55 | $42 | $61 |
| Male age 55 | $51 | $74 |
| Female age 60 | $51 | $74 |
| Male age 60 | $63 | $92 |
| Female age 65 | $65 | $94 |
| Male age 65 | $81 | $118 |
| Female age 70 | $84 | $123 |
| Male age 70 | $104 | $152 |
| Female age 75 | $113 | $166 |
| Male age 75 | $136 | $201 |
| Female age 80 | $153 | $227 |
| Male age 80 | $176 | $261 |
| Source for monthly prices: Choice Mutual quote calculator. Rates are rounded to the nearest dollar, and are valid as of 03/09/2026. | ||
State Farm cost vs some of its competitors
Below is a cost breakdown of State Farm’s guaranteed issue final expense insurance compared to two of its biggest competitors. As you can see, they are much more costly.
| Sample applicant | State Farm | Mutual of Omaha | AAA |
|---|---|---|---|
| $10,000 65-year-old male | $80.86 | $68.50 | $73.00 |
| $15,000 73-year-old female | $148.92 | $114.85 | $111.00 |
| $15,000 80-year-old female | $226.82 | $189.85 | $167.00 |
| Source for monthly prices: Choice Mutual quote calculator. Rates are valid as of 03/09/2026. | |||
What Are Consumers Saying Online About State Farm’s Burial Insurance?
Truthfully, there is no online platform, such as the Better Business Bureau, Reddit, or Google, that provides feedback (good or bad) about State Farm’s final expense life insurance. The overwhelming majority of their online reviews are about their property and casualty insurance products.
Nevertheless, this does not detract from the fact that State Farm is not an ideal company for those seeking final expense insurance.
Better Companies To Consider For Final Expense Life Insurance
As noted above, State Farm burial insurance is a terrible deal that nobody should buy. Many other companies offer lower rates for the same type of policy. Additionally, State Farm does not offer final expense insurance with day-one coverage, unlike many other providers.
Below are three excellent companies to consider, which are all far superior to State Farm if you need burial insurance.
- $10K Policy Cost$41.01/month*
- New Applicant Ages45-85
- Death Benefit Options$2,000-$50,000
- 2-Year Waiting PeriodNo
- $10K Policy Cost$48.00/month*
- New Applicant Ages45-85 (varies by state)
- Death Benefit Options$3,000-$20,000
- 2-Year Waiting PeriodYes
- $10K Policy Cost$55.00/month*
- New Applicant Ages45-85
- Death Benefit Options$3,000-$25,000
- 2-Year Waiting PeriodYes
Our Insurance Review Methodology
Every company we review has an overall score that illustrates how well it stands out in the market relative to its competitors. These scores are not subjective. Instead, we utilize a defined 5-star scoring system that applies a weighted average of particular factors, all of which are outlined below and on our review methodology page.
Coverage
Strength
Complaint Index
We measure the price of a company’s most popular they promote relative to its competitors. The closeness of their cost to other companies determines the final score. Read a full breakdown of the price of coverage factor on our review methodology page.
Coverage
Coverage
Strength
Complaint Index
This factor assesses whether a company offers immediate coverage and, if so, how difficult it is to qualify for it. Read a full breakdown of the no waiting period coverage factor on our review methodology page.
Strength
Coverage
Strength
Complaint Index
A company’s financial strength is based on its rating with A.M. Best. Read a full breakdown of the financial strength factor on our review methodology page.
Complaint Index
Coverage
Strength
Complaint Index
The National Association of Insurance Commissioners’ complaint index measures an insurer’s frequency of consumer complaints compared to the rest of the market. The score the insurer receives is based on how it stacks up to the median score of other insurers. Read a full breakdown of the NAIC complaint index factor on our review methodology page.
Why trust Choice Mutual?
When we review products, our findings are unbiased and free of any influence from partnerships or methods of compensation. All findings, good or bad, are solely the derivative of our objective analysis of any given product or company.
As noted on our review methodology page, our researchers evaluate the financial stability of the insurer, policy costs, product limitations, state availability, customer satisfaction, waiting periods (if applicable), and other relevant factors. We aggregate all this cumulative data to develop objective overall scores based on pre-defined weighted factors.
In addition, a qualified expert who is well-qualified to speak on the matter will provide opinion-based feedback about the company or product being reviewed.
For over a decade, Choice Mutual has been an insurance agency specializing in final expense life insurance. Our expertise in this type of insurance is well-documented in numerous authoritative publications, some of which are listed below:
Choice Mutual’s mission is to provide consumers with unbiased expert commentary and explanations of the topics being discussed. We want our readers to be armed with information and tools that cannot be found anywhere else on the internet, so they can truly make an informed decision.
All content on this website is written by Anthony Martin, who is a licensed life insurance agent with over a decade of expertise in this industry and has been quoted as an expert source hundreds of times by many reputable news outlets.
Per our editorial guidelines, we have never, and will never, use artificial intelligence to create our content. Every word printed on this website is produced and curated 100% by human beings who have firsthand experience with the subject matter.
- Nationally licensed life insurance agent with over 16 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 16 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 20 years of experience
- Best selling Amazon author.
Jeff Root is a nationally licensed life insurance expert with over 20 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 15 years of experience
- Best selling Amazon author of five insurance sales books.
David Duford is a nationally licensed insurance expert with over 15 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 20 years of experience
- Best selling Amazon author.
Jeff Root is a nationally licensed life insurance expert with over 20 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 15 years of experience
- Best selling Amazon author of five insurance sales books.
David Duford is a nationally licensed insurance expert with over 15 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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State Farm final expense insurance. https://www.statefarm.com/insurance/life/whole-life/guaranteed-issue-life-insurance
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S&P Global. https://disclosure.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/3205015
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BBB. https://www.bbb.org/us/il/bloomington/profile/insurance-companies/state-farm-insurance-company-0724-6000391
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Trustpilot. https://www.trustpilot.com/review/www.statefarm.com
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Yelp. https://www.yelp.com/biz/state-farm-corporate-office-bloomington
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BBB Score & Accreditation. https://www.bbb.org/us/il/bloomington/profile/insurance-companies/state-farm-insurance-company-0724-6000391
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Property and Casualty insurer. https://www.reinsurancene.ws/top-100-u-s-property-casualty-insurance-companies/
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8th largest life insurer. https://content.naic.org/sites/default/files/research-actuarial-life-fraternal-market-share.pdf
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Moody's. https://www.statefarm.com/about-us/company-overview/why-state-farm
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Better Business Bureau. https://www.bbb.org/us/il/bloomington/profile/insurance-companies/state-farm-insurance-company-0724-6000391/customer-reviews
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Reddit. https://www.reddit.com/r/StateFarm/
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A.M. Best. https://news.ambest.com/PR/PressContent.aspx?altsrc=3&RefNum=35317&URatingId=-1
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Google. https://www.google.com/search?q=State+Farm+Insurance%3A+Corporate+Headquarters&sca_esv=f583aec8b3671997&sca_upv=1&ei=nK2qZqGfAcGBm9cP-5WQ0A4&ved=0ahUKEwih3ce8ndKHAxXBwOYEHfsKBOoQ4dUDCA8&uact=5&oq=State+Farm+Insurance%3A+Corporate+Headquarters&gs_lp=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&sclient=gws-wiz-serp#lrd=0x880b7010bdb79b1d:0x94213f20eb8e6cda,1,,,,
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NAIC Complaint Index. https://content.naic.org/cis_refined_results.htm?TABLEAU=CIS_COMPLAINTS&COCODE=69108&REALM=PROD&COCODE=69108&REALM=PROD
