Life insurance by state · MS
Life insurance in Mississippi
What Mississippi law gives you, which carriers quote in Mississippi, and how to get covered — from an independent agency licensed in Mississippi.
The short answer
Mississippi residents can choose from 11 final expense and 15 term life carriers we work with that quote in Mississippi. 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 Mississippi
| Regulator | Mississippi Insurance Department |
|---|---|
| Free-look period | Typically at least 10 days · 30 days for replacement policies (Miss. Admin. Code 19-2:14.05, cited by LII as 19 Miss. Code R. 2-14.05) |
| Guaranty association | Mississippi 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 Mississippi
- Under Miss. Code § 75-63-55, every preneed funeral contract sold in Mississippi must be in writing on a form approved by and on file with the Secretary of State, and oral or unapproved-form contracts violate the law. Source
- Under Miss. Code § 75-63-59(4), a preneed contract seller must place at least 85% of the funds received for funeral services and merchandise in a trust account no later than the fifth day of the following month. Source
Carriers we work with that quote in Mississippi
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 Mississippi results (September 2026). Product availability and rules vary by carrier and change over time.
How to get covered in Mississippi
- 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 Mississippi 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 Mississippi. 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 Mississippi — FAQ
How long is the free-look period for life insurance in Mississippi?
New individual life insurance policies sold in Mississippi typically give you at least 10 days to review the policy and cancel for a full refund (30 days for replacement policies (Miss. Admin. Code 19-2:14.05, cited by LII as 19 Miss. Code R. 2-14.05)). The exact window is printed on your policy’s first page.
What happens to my life insurance if the company fails in Mississippi?
The Mississippi Life & Health Insurance Guaranty Association protects Mississippi 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 Mississippi?
The Mississippi Insurance Department. You can verify an agent’s license or file a complaint with them.
Can I buy life insurance in Mississippi by phone?
Yes. United Eagles Financial is licensed for life insurance in Mississippi; most applications are done by phone or video with an electronic signature.