Life insurance by state · AK
Life insurance in Alaska
What Alaska law gives you, which carriers quote in Alaska, and how to get covered — from an independent agency licensed in Alaska.
The short answer
Alaska residents can choose from 8 final expense and 13 term life carriers we work with that quote in Alaska. New policies typically come with a 10-day free look, and the state guaranty association backs life insurance death benefits up to $300,000.
Your protections in Alaska
| Regulator | Alaska Division of Insurance |
|---|---|
| Free-look period | Typically at least 10 days · 30 days for replacement policies (3 AAC 26.805(a)(5)) |
| Guaranty association | Alaska Life & Health Insurance Guaranty Association: up to $300,000 death benefit, $100,000 cash value (overall per-person cap applies) |
| Community property state | No |
| State estate / inheritance tax | Estate tax: no · Inheritance tax: no |
Good to know in Alaska
- Under AS 21.45.130, Alaska life policies must pay a death claim on receipt of due proof of death, and any settlement period an insurer specifies can't exceed two months from receipt of the proofs. Source
- Under AS 34.45.170, unclaimed life insurance proceeds are presumed abandoned (and turned over to the state's unclaimed property program) after three years, and if an insurer learns an insured has died and the beneficiary hasn't contacted it within four months, it must take reasonable steps to pay the beneficiary. Source
Carriers we work with that quote in Alaska
Final expense / burial: Aetna · American Amicable · Americo · Fidelity · Foresters · Mutual of Omaha · NewBridge · Transamerica
Term life: American Amicable · Americo · Catholic Financial · Foresters · InstaBrain · John Hancock · Kansas City Life · Mutual of Omaha · National Life Group · Primerica · Protective · SBLI · Transamerica
From our quoting system’s Alaska results (September 2026). Product availability and rules vary by carrier and change over time.
How to get covered in Alaska
- Figure out how much you need — final expense calculator or mortgage protection calculator.
- See typical prices by age — life insurance cost by age.
- Tell us your health history — we match you to the Alaska carrier most likely to approve you at the best price (condition guides).
- Apply by phone with an e-signature — many decisions are instant or same-day.
Licensed in Alaska. Compare dozens of carriers in one free call — no pressure.
Get my quotes → Call 586-343-1505Sources: Regulator · Guaranty association · Free-look rule · Estate/inheritance tax
Straight answers
Life insurance in Alaska — FAQ
How long is the free-look period for life insurance in Alaska?
New individual life insurance policies sold in Alaska typically give you at least 10 days to review the policy and cancel for a full refund (30 days for replacement policies (3 AAC 26.805(a)(5))). The exact window is printed on your policy’s first page.
What happens to my life insurance if the company fails in Alaska?
The Alaska Life & Health Insurance Guaranty Association protects Alaska residents up to $300,000 in life insurance death benefits and $100,000 in cash value, subject to an overall per-person cap. It’s a backstop — choosing a financially strong carrier still matters.
Who regulates life insurance in Alaska?
The Alaska Division of Insurance. You can verify an agent’s license or file a complaint with them.
Can I buy life insurance in Alaska by phone?
Yes. United Eagles Financial is licensed for life insurance in Alaska; most applications are done by phone or video with an electronic signature.