Final expense insurance in Indiana

NFDA doesn't publish funeral prices by state. Nationally, the median cost of a funeral with viewing and burial was $8,300 in 2023, and $6,280 for a funeral with viewing and cremation. Cemetery costs such as a plot, vault, and headstone are extra, and prices vary widely between funeral homes.

In Indiana, about 49.2% of deaths resulted in cremation as of 2020. Source: NFDA 2025 Cremation & Burial Report, state table (final 2020 data)

Federal law (the FTC Funeral Rule) requires funeral homes to give you an itemized price list, so you can compare. Estimate your own total with our funeral cost calculator.

If a life insurer licensed in Indiana becomes insolvent, the Indiana Life and Health Insurance Guaranty Association covers up to $300,000 in death benefits and $100,000 in cash value per insured life. Source: Indiana Life and Health Insurance Guaranty Association — Frequently Asked Questions

You have 10 days after receiving a new individual life insurance policy to review it and return it for a refund (Counted from receipt of the policy; it can be returned to the insurer, the producer it was bought through, or any agent of the insurer for a full refund of all money paid.). Source: Indiana Code § 27-1-12-43 — right to return life insurance policy

Questions or complaints about an insurer or agent go to the Indiana Department of Insurance (800-622-4461). Funeral homes are licensed by the Indiana Professional Licensing Agency — State Board of Funeral and Cemetery Service.

The FSSA Division of Family Resources' Burial Assistance Program helps pay burial costs for people enrolled in certain Medicaid categories (aged, blind, disabled, SSI or nursing-home room and board); the funeral home or cemetery must file the claim within 90 days of death, and township trustees may offer further help to low-income residents. Source: Indiana FSSA Division of Family Resources — Burial Assistance Program

Veterans may qualify for VA burial allowances and a free burial in a national or state veterans cemetery — see benefits for Indiana veterans. A small final expense policy is one way families make sure the rest is covered; learn how final expense insurance works and how guaranteed issue waiting periods work.