Life insurance by state · AR
Life insurance in Arkansas
What Arkansas law gives you, which carriers quote in Arkansas, and how to get covered — from an independent agency licensed in Arkansas.
The short answer
Arkansas residents can choose from 11 final expense and 15 term life carriers we work with that quote in Arkansas. 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 Arkansas
| Regulator | Arkansas Insurance Department |
|---|---|
| Free-look period | Typically at least 10 days · 30 days for replacement policies (23 CAR § 128-105(a)(4)(A), formerly AID Rule 97) |
| Guaranty association | Arkansas Life & Health Insurance Guaranty Association: up to $300,000 death benefit, $300,000 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 Arkansas
- Prepaid funeral contracts in Arkansas are governed by the Arkansas Prepaid Funeral Benefits Law (Ark. Code § 23-40-101 et seq.) and overseen by the Arkansas Insurance Department's Prepaid Funeral Benefits Division. Source
- Under 23 CAR § 136-102 (implementing Ark. Code § 23-40-112(h)), an insurer whose whole life policy or annuity funds a prepaid funeral contract must confirm within 3 business days of a death notice and verification request whether the deceased is covered, the death benefit amount, and whether the policy is still contestable. Source
Carriers we work with that quote in Arkansas
Final expense / burial: Aetna · American Amicable · American Home Life · Americo · Fidelity · Foresters · Mutual of Omaha · NewBridge · Royal Neighbors · Transamerica · UHL
Term life: American Amicable · Americo · Catholic Financial · Foresters · InstaBrain · John Hancock · Kansas City Life · Mutual of Omaha · National Life Group · Primerica · Protective · Royal Neighbors · SBLI · Transamerica · UHL
From our quoting system’s Arkansas results (September 2026). Product availability and rules vary by carrier and change over time.
How to get covered in Arkansas
- 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 Arkansas 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 Arkansas. 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 Arkansas — FAQ
How long is the free-look period for life insurance in Arkansas?
New individual life insurance policies sold in Arkansas typically give you at least 10 days to review the policy and cancel for a full refund (30 days for replacement policies (23 CAR § 128-105(a)(4)(A), formerly AID Rule 97)). The exact window is printed on your policy’s first page.
What happens to my life insurance if the company fails in Arkansas?
The Arkansas Life & Health Insurance Guaranty Association protects Arkansas residents up to $300,000 in life insurance death benefits and $300,000 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 Arkansas?
The Arkansas Insurance Department. You can verify an agent’s license or file a complaint with them.
Can I buy life insurance in Arkansas by phone?
Yes. United Eagles Financial is licensed for life insurance in Arkansas; most applications are done by phone or video with an electronic signature.