Felons Life Insurance Rates (2024)
Life insurance for felons isn't easy to get but not impossible. Felons may not be able to get traditional life insurance, but they could eligible for burial insurance and no medical exam life insurance. Burial life insurance for felons is between $50 and $100/mo. However, your rates are based on personal factors. Shop around and compare the top companies to find the best rates for felons.
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Leslie Kasperowicz
Farmers CSR for 4 Years
Leslie Kasperowicz holds a BA in Social Sciences from the University of Winnipeg. She spent several years as a Farmers Insurance CSR, gaining a solid understanding of insurance products including home, life, auto, and commercial and working directly with insurance customers to understand their needs. She has since used that knowledge in her more than ten years as a writer, largely in the insur...
Farmers CSR for 4 Years
UPDATED: Dec 4, 2023
It’s all about you. We want to help you make the right life insurance coverage choices.
Advertiser Disclosure: We strive to help you make confident life insurance decisions. Comparison shopping should be easy. We are not affiliated with any one life insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different life insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about life insurance. Our goal is to be an objective, third-party resource for everything life insurance-related. We update our site regularly, and all content is reviewed by life insurance experts.
UPDATED: Dec 4, 2023
It’s all about you. We want to help you make the right life insurance coverage choices.
Advertiser Disclosure: We strive to help you make confident life insurance decisions. Comparison shopping should be easy. We are not affiliated with any one life insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different life insurance companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
- Felons may face a few challenges when they want to buy life insurance
- No exam life insurance and burial insurance are easier to get approved
- Specific felonies will disqualify you from a life insurance policy
Getting life insurance for felons is challenging. Felons have lower life expectancies, according to statistics across the nation.
So how are felons supposed to get term life insurance quotes? Read through this article to learn how to buy life insurance for felons and what felonies disqualify felons from life insurance.
You can find affordable life insurance for felons right now. Enter your ZIP code in our free comparison tool above to compare the top companies near you.
Table of Contents
Why do life insurance providers care about criminal records?
Criminal records correlate to lifestyles. Therefore, criminal charges within two to three years of each other indicate that a person is still living a high-risk criminal lifestyle.
What is a felon? A felon is anyone who committed a felony.
While misdemeanors are minor crimes, felonies are serious crimes that affect society. Those who have felonies or misdemeanors within two years of getting a policy are risky to insure.
Life insurance companies can refuse your life insurance request altogether if you have felonies. Here’s a list of charges that affects your life insurance eligibility:
- child molestation
- conspiracy to commit crimes listed above
- drug trafficking
- human trafficking
- kidnapping
- rape
- murder
Most life insurance companies advocate against these felonies. DUI-related crimes involving property and drug-related crimes (drug use) may not affect your life insurance. Every company looks at felonies differently.
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How much are life insurance rates for felons?
Life insurance rates depend on age, gender, health, and lifestyle. Some providers won’t provide traditional life insurance to felons. So how can you buy life insurance for felons?
A felon may not get life insurance independently, but a family member or friend could get no medical exam or burial insurance for a felon.
But what’s the average rate per month? Burial life insurance is between $50 and $100 per month. Without burial life insurance, you’ll have to pay burial insurance out-of-pocket.
2020 Average Burial Costs| How much does the average burial cost? | Average Cost | ||
|---|---|---|---|
| Professional Services: | |||
| Basic Funeral Services | $2,195 | ||
| Embalming | $750 | ||
| Other Preparations | $255 | ||
| Facilities & Staff Sevices: | |||
| Use of Facilities/Staff for Viewing | $425 | ||
| Use of Facilities/Staff for Funeral Ceremony | $500 | ||
| Transportation Services: | |||
| Transfer of Remains | $350 | ||
| Hearse | $340 | ||
| Limousine/Car/Van | $150 | ||
| Merchandise: | |||
| Metal Burial Casket | $2,500 | ||
| Burial Vault/Liner | $1,495 | ||
| Miscellaneous Expenses: | |||
| Printed materials (Basic Memorial Package) | $175 | ||
| The national average burial cost in 2019 can range from $7,000 to $10,000 | Source | ||
Life insurance helps you cover burial costs, which is lower than the standard $100,000 policy limit.
What about no medical exam life insurance costs? You could pay $26 to $329 per month for no medical exam insurance.
Why should I get burial insurance and no medical exam insurance?
These life insurance policies are easier to buy for felons but lack the capabilities of customized term life insurance and whole life insurance. Also, you won’t have to take a medical exam for them.
If a felon has parole or probation lifted, they could get guaranteed issue life insurance. However, the life insurance company will still want to know about your criminal history.
What can you not do if you are a convicted felon?
According to the Cochran Firm, felons lose the right to bear arms, vote, travel abroad, run for office, and participate in benefit programs. These are only a few rights a felon loses after conviction.
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Life Insurance for Felons: What’s the bottom line?
Although it’s unlikely for felons to get traditional life insurance, there are still options out there for them. Felons should ask a family member or someone they trust to take life insurance if they can’t get a policy independently.
Now that you know more about life insurance for felons, use our free comparison tool below to compare multiple companies in your local area.
Your one-stop online guide for life insurance quotes. Get free quotes now!
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Leslie Kasperowicz
Farmers CSR for 4 Years
Leslie Kasperowicz holds a BA in Social Sciences from the University of Winnipeg. She spent several years as a Farmers Insurance CSR, gaining a solid understanding of insurance products including home, life, auto, and commercial and working directly with insurance customers to understand their needs. She has since used that knowledge in her more than ten years as a writer, largely in the insur...
Farmers CSR for 4 Years
Editorial Guidelines: We are a free online resource for anyone interested in learning more about life insurance. Our goal is to be an objective, third-party resource for everything life insurance-related. We update our site regularly, and all content is reviewed by life insurance experts.