LIFE INSURANCE IN ARKANSAS

Arkansas Life Insurance
Coverage

With some of the most affordable housing in the nation, Arkansas families still face significant funeral and burial costs that life insurance can help cover.

Low Cost of Living High Homeownership 25+ Carriers Available
$8,100
Average Funeral Cost
$185K
Median Home Price
10%
Residents Uninsured
25+
Carriers Available

COVERAGE IN THE NATURAL STATE

Life Insurance in Arkansas

Arkansas is home to over 3 million residents, with major cities including Little Rock, Fayetteville, and Fort Smith. With a median household income around $52,000 and one of the highest homeownership rates in the country at over 66%, many Arkansas families carry mortgage obligations and want to protect their loved ones from financial hardship.

The average funeral and burial cost in Arkansas is approximately $8,100. Without proper coverage, these costs fall directly on surviving family members. Final expense insurance provides a straightforward way to ensure your family is never left with that burden.

Arkansas offers one of the lowest costs of living in the U.S., but funeral expenses still average over $8,000. For families with mortgage obligations and limited savings, final expense and mortgage protection insurance provide critical financial safety nets that keep loved ones protected.

COST COMPARISON

How Arkansas Compares to National Averages

Average Funeral Cost
National
$8,300
Arkansas
$8,100
Median Home Price
National
$420,000
Arkansas
$185,000
Avg. Monthly Life Insurance Premium
National
$50
Arkansas
$47

OUR CARRIER PARTNERS

Top Carriers in Arkansas

Asurgo works with 25+ top-rated insurance carriers to find you the best coverage at the lowest rate. Here are some of the carriers available to Arkansas residents.

Transamerica Mutual of Omaha AIG Aetna Americo Foresters Financial F&G National Life Group Royal Neighbors Gerber Life Lafayette Life Aflac

Carrier availability varies by individual health factors and coverage type.

FREQUENTLY ASKED QUESTIONS

Arkansas Life Insurance FAQ

How much does final expense insurance cost in Arkansas?
Most Arkansas residents pay between $25 and $70 per month for final expense insurance, depending on age, health, and coverage amount. Policies typically range from $5,000 to $50,000. Asurgo shops 25+ carriers to find the lowest rate for your situation.
Do I need a medical exam for life insurance in Arkansas?
Not always. Many final expense and mortgage protection plans require no medical exam. You answer a few health questions, and coverage can be approved the same day. Larger policies may require underwriting.
What is the average funeral cost in Arkansas?
The average funeral and burial cost in Arkansas is approximately $8,100, which includes the service, casket, burial plot, and headstone. Costs can vary significantly depending on the city and type of service chosen.
Does Asurgo offer mortgage protection in Arkansas?
Yes. Asurgo offers mortgage protection insurance in Arkansas through multiple carriers. Coverage is designed to pay off or reduce your mortgage balance if you pass away, become disabled, or are diagnosed with a critical illness.
Why is life insurance important in a low-cost state like Arkansas?
Even in affordable states like Arkansas, funeral costs average $8,100 and can catch families off guard. Life insurance ensures these costs, along with outstanding debts and mortgage payments, are covered without placing a financial burden on surviving family members.

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