Life insurance by state · OR
Life insurance in Oregon
What Oregon law gives you, which carriers quote in Oregon, and how to get covered — from an independent agency licensed in Oregon.
The short answer
Oregon residents can choose from 10 final expense and 15 term life carriers we work with that quote in Oregon. 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 Oregon
| Regulator | Oregon Division of Financial Regulation (Department of Consumer and Business Services) |
|---|---|
| Free-look period | Typically at least 10 days · 30 days for replacement policies (OAR 836-080-0029(1)(d)) |
| Guaranty association | Oregon 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: yes · Inheritance tax: no — Oregon's estate transfer tax uses the federal Form 706 schedules (including Schedule D, insurance on the decedent's life), and a return is required when the gross estate is $1,000,000 or more — one of the lowest thresholds in the country — so a policy the decedent owned can push an otherwise modest estate over the line. |
Good to know in Oregon
- Oregon runs its own lost-policy search, the Life Insurance Finder Tool (LIFT), which asks every life insurer selling in Oregon to look for policies or annuities of a deceased relative who lived in Oregon (notarized form and death certificate required). Source
- The Oregon Division of Financial Regulation licenses sellers of prepaid funeral contracts and notes that an irrevocable funeral trust is not counted as an asset when applying for Medicaid. Source
Carriers we work with that quote in Oregon
Final expense / burial: Aetna · American Amicable · 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 Oregon results (September 2026). Product availability and rules vary by carrier and change over time.
How to get covered in Oregon
- 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 Oregon 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 Oregon. 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 Oregon — FAQ
How long is the free-look period for life insurance in Oregon?
New individual life insurance policies sold in Oregon typically give you at least 10 days to review the policy and cancel for a full refund (30 days for replacement policies (OAR 836-080-0029(1)(d))). The exact window is printed on your policy’s first page.
What happens to my life insurance if the company fails in Oregon?
The Oregon Life & Health Insurance Guaranty Association protects Oregon 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 Oregon?
The Oregon Division of Financial Regulation (Department of Consumer and Business Services). You can verify an agent’s license or file a complaint with them.
Can I buy life insurance in Oregon by phone?
Yes. United Eagles Financial is licensed for life insurance in Oregon; most applications are done by phone or video with an electronic signature.