Best Burial Insurance in Iowa For 2025
Written by Daniel Ray, Life Insurance Expert | ✅ Fact Checked by 
Lisamarie Monaco | Editorial Disclosure Planning for end-of-life expenses is a crucial step in ensuring financial peace of mind for you and your loved ones. In Iowa, burial insurance, also known as final expense or funeral insurance, offers a practical solution to cover funeral and burial costs.
This guide provides an overview of burial insurance in Iowa, including average funeral costs, policy options, and tips for selecting the best coverage in 2025.
What Is Burial Insurance
Burial insurance is a type of whole life insurance designed to cover end-of-life expenses, including funeral and burial costs.
These policies typically offer lower coverage amounts, ranging from $5,000 to $25,000, making them more affordable and accessible, especially for seniors.
Premiums are generally fixed, and the policy remains in effect for the insured’s lifetime, provided premiums are paid.
*Ballpark Quote
Benefits of Burial Insurance in Iowa
Burial insurance in Iowa offers the following benefits;
Benefits of Burial Insurance
- Financial Security: Provides funds to cover funeral expenses, reducing the financial burden on loved ones.
- Guaranteed Coverage: Many policies offer guaranteed acceptance, especially for individuals within a certain age range, regardless of health status.
- Fixed Premiums: Premiums remain constant throughout the life of the policy, aiding in financial planning.
- Cash Value Component: Some policies accumulate cash value over time, which can be borrowed against if needed.
- Cover Final Expense: The purpose of burial insurance is to assist your loved ones in covering the final expenses associated with your death.
- Flexible Coverage: Various coverage options are available with burial insurance policies, allowing you to choose the amount of coverage that is most appropriate for your needs.
- Guaranteed Benefits: Regardless of the cause of your death, the death benefit from burial insurance will be paid to your heirs.
- Affordable: Burial life insurance is generally less expensive than other types of life insurance.
- No Medical Exam: If you have a pre-existing medical condition and find it challenging to be covered by other types of life insurance, you may qualify for burial insurance without a medical exam.
- Tax-Free: Most burial insurance policies provide tax-free benefits.
Average Funeral Costs in Iowa
Understanding the typical expenses associated with funerals in Iowa can help you determine the appropriate amount of burial insurance coverage.
As of 2024, the average cost of a funeral in Iowa is approximately $8,300, which includes services such as viewing and burial. For cremation services, the average cost is around $6,280.
Burial Insurance Costs for Females
| Age | $5,000 | $10,000 | $15,000 |
|---|---|---|---|
| 50 | $12.86 | $23.06 | $33.08 |
| 55 | $14.97 | $26.94 | $38.90 |
| 60 | $18.04 | $32.87 | $47.70 |
| 65 | $22.11 | $41.01 | $59.91 |
| 70 | $28.07 | $53.12 | $78.18 |
| 75 | $37.81 | $72.41 | $107.01 |
| 80 | $50.82 | $98.43 | $146.05 |
| 85 | $69.55 | $135.90 | $202.25 |
| 90 | $149.69 | $296.41 | NA |
Burial Insurance Costs for Males
| Age | $5,000 | $10,000 | $15,000 |
|---|---|---|---|
| 50 | $15.37 | $27.73 | $40.08 |
| 55 | $18.72 | $34.43 | $50.13 |
| 60 | $22.72 | $42.42 | $62.13 |
| 65 | $28.41 | $53.82 | $79.22 |
| 70 | $36.47 | $69.93 | $103.38 |
| 75 | $50.22 | $97.43 | $144.64 |
| 80 | $71.44 | $139.73 | $207.99 |
| 85 | $97.97 | $192.74 | $287.51 |
| 90 | $176.59 | $350.21 | NA |
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To get the lowest cost, you want to get burial insurance when you turn 50 or as soon as possible. This way, you have the lowest rate locked in.
Then you are not wasting money later on when you are on a fixed income at retirement.
Which Burial Insurance Types Are Available In Iowa?
Whole life insurance is the most common type of burial insurance and works like a regular whole life insurance policy. Beneficiaries will receive the death benefit tax-free, and the policy will accumulate cash value over time.
Term life insurance: Term life insurance covers you for a limited period (usually 10-20 years). If you die outside that window, your beneficiaries will not receive anything.
Universal life insurance: You can pay higher premiums and choose how much coverage you want with this type of policy.
Choosing the Right Burial Insurance in Iowa
When selecting a burial insurance policy in Iowa, consider the following factors:
Key Considerations for Burial Insurance
- Coverage Amount: Assess your anticipated funeral expenses to determine the appropriate coverage amount.
- Premiums: Ensure that the premium payments fit within your budget.
- Insurance Provider: Research reputable insurance companies that offer burial insurance in Iowa.
- Policy Terms: Understand the terms and conditions, including any waiting periods or exclusions.
- Additional Benefits: Some policies may offer additional features, such as accelerated death benefits or the option to add riders for extra coverage.
Top Burial Insurance Providers in Iowa
Here are some reputable burial insurance providers to consider:
Mutual of Omaha
Mutual of Omaha provides whole life insurance policies designed to cover funeral expenses, with simplified underwriting processes.
Gerber Life Insurance
Gerber Life offers guaranteed issue whole life policies, ensuring acceptance regardless of health, ideal for covering final expenses.
How Does Burial Insurance Work In Iowa?
In Iowa, burial insurance works just like any other policy.
The insurer agrees to pay the beneficiaries a death benefit if they die while the policy is in effect. Your loved ones will receive a death benefit if you have burial insurance in Iowa.
You can use death benefits to cover funeral and burial costs, credit card and medical expenses, and debts.
The death benefit of burial insurance can be tax-free and paid out to your heirs. Burying insurance is available from a financial advisor, a broker, or a company.
Burial services in Iowa often work independently from funeral homes, while others collaborate with them. Most homeowners’ policies cover burial benefits, but some don’t.
Most burial companies charge an additional fee for their services, depending on the type of casket you choose. A burial policy in Iowa can protect your loved ones financially if you pass away.
Choosing the best policy for your needs depends on how well you compare different policies.
Here are some other states with burial information you may be interested in:
How Much Burial Insurance Do I Need?
A few factors determine how much burial insurance you will need in Iowa. These factors include how much your funeral and burial will cost, how many dependents you will have, and your financial situation.
To determine how much burial insurance you need, you should consider the following factors:
- Your Funeral Expenses include a casket, funeral home services, and a headstone or grave marker. According to the Funeral Home Association of Iowa, the average funeral costs $7,000.
- Your Burial Expenses: Iowa burials cost an average of $3,000. It includes the cost of a plot in the cemetery, a headstone or grave marker, and funeral home services.
- Your Dependents: Your dependents’ needs must also be considered. If you have children, you must ensure their financial needs are met after death.
- Your Financial Needs: In determining how much burial insurance you need, it is crucial to consider your financial needs. You must pay off your mortgage or other debts before your death.
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Iowa Free Look Period
You will have ten days to review the policy and determine whether or not it meets your expectations.
During this period, you will have time to research everything and decide whether it meets your expectations.
Once you receive the policy, you will have ten days to examine it and determine if it meets your expectations.
You can refund premiums during this period if you cancel your policy. You may not make any changes to the policy during this period, so make sure everything is correct before signing.
Further, if you cancel your policy after the free look period expires, you will not receive a refund of your premiums.
Iowa’s Top Death Causes
- Heart Disease
- Chronic Lower Respiratory Diseases
- Cancer
- Accidents
- Alzheimer’s Disease
- Stroke
- Diabetes
- Suicide
- Influenza/Pneumonia
- Hypertension
Iowa Life Expectancy
The average Iowa resident lives to be 79 years old, ranking 12 out of 50 states in terms of life expectancy. Are Iowa residents charged more?
As Iowa has the lowest mortality rate of all the 50 states, you will not have to pay more for insurance if you live there. Only Montana has unisex rates.
Iowa’s low mortality rates do not mean you will have to pay more.
We show Iowa’s average life span to understand better when people typically die.
In summary, no matter your age, you should take care of this immediately. It will ensure you never have to worry about your family paying for your funeral.
Why Are We Choosing InsuranceForBurial.com?
We aim to provide you with greater peace of mind so that you can focus on what you do best with InsuranceForBurial.com.
There are many high-priced burial insurance companies, lead vendors, and spammy websites to navigate, making the process frustrating.
Yet, you found us despite not looking. Our burial insurance offers something different from what you’ve seen before.
There are three primary reasons for this:
- We focus on burial insurance to ensure that our experts can provide detailed information about your situation. Therefore, when you speak with our experts, you will know that we completely understand the subject.
- Our agency is independent. Access to all major insurance companies allows us to find the best insurance plans to meet your needs and budget. Due to this, we can always provide you and your family with the right products.
Our business aims to make it easy for you to understand your options and choose the best one. Therefore, although we represent a variety of insurers, we do not favor any of them.
Conclusion
Securing a burial insurance policy in Iowa is a thoughtful way to ensure that your end-of-life expenses are covered, providing peace of mind for you and your family. By understanding the average costs, benefits, and available options, you can make an informed decision that aligns with your financial goals and needs in 2025.
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