LIFE INSURANCE IN FLORIDA

Florida Life Insurance
Coverage

With one of the largest senior populations in the nation, Florida families understand the importance of reliable life insurance coverage. From final expense to mortgage protection, Asurgo helps you find the right plan.

Large Senior Population No State Income Tax 25+ Carriers Available
$8,800
Average Funeral Cost
$405K
Median Home Price
15%
Residents Uninsured
25+
Carriers Available

COVERAGE IN THE SUNSHINE STATE

Life Insurance in Florida

Florida is home to over 22 million residents, with one of the oldest median age populations in the country. With a large and growing retiree community, final expense insurance is a top priority for many Florida families looking to protect their loved ones from end-of-life costs.

The average funeral cost in Florida is approximately $8,800, slightly above the national average. Coastal living and higher property values in many parts of the state also make mortgage protection insurance an important consideration for homeowners.

Like Texas, Florida has no state income tax, making IUL policies an attractive wealth-building tool. Asurgo shops 25+ carriers to find the best coverage at the lowest rate for Florida residents, regardless of age or health status.

COST COMPARISON

How Florida Compares to National Averages

Average Funeral Cost
National
$8,300
Florida
$8,800
Median Home Price
National
$420,000
Florida
$405,000
Avg. Monthly Life Insurance Premium
National
$50
Florida
$52

OUR CARRIER PARTNERS

Top Carriers in Florida

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 Florida 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

Florida Life Insurance FAQ

How much does final expense insurance cost in Florida?
Most Florida residents pay between $30 and $70 per month for final expense insurance, depending on age, health, and coverage amount. With one of the largest senior populations in the country, Florida has strong carrier competition that helps keep rates accessible. Asurgo shops 25+ carriers to find the lowest rate for your situation.
Do I need a medical exam for life insurance in Florida?
Not always. Many final expense and mortgage protection plans available in Florida 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 Florida?
The average funeral and burial cost in Florida is approximately $8,800, slightly above the national average. Costs can vary depending on the region and type of service chosen. Final expense insurance ensures your family is not left with this financial burden.
Does Asurgo offer mortgage protection in Florida?
Yes. Asurgo offers mortgage protection insurance in Florida through multiple carriers. With many Florida homeowners in coastal areas facing higher property values and hurricane risk, mortgage protection provides an important safety net if you pass away, become disabled, or are diagnosed with a critical illness.
Is IUL a good option for Florida residents?
Yes. Indexed Universal Life policies allow you to build cash value that grows tax-deferred and can be accessed tax-free through policy loans. Combined with the fact that Florida has no state income tax, IUL can be a highly effective tool for tax-efficient retirement planning.

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