Life insurance by state · VT
Life insurance in Vermont
What Vermont law gives you, which carriers quote in Vermont, and how to get covered — from an independent agency licensed in Vermont.
The short answer
Vermont residents can choose from 9 final expense and 15 term life carriers we work with that quote in Vermont. 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 Vermont
| Regulator | Vermont Department of Financial Regulation (Insurance Division) |
|---|---|
| Free-look period | Typically at least 10 days · 30 days for replacement policies (Vermont Regulation I-2001-03, Life Insurance and Annuities Replacement, § 5.A(4)) |
| Guaranty association | Vermont 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 — Vermont's estate tax is measured from the federal gross estate (plus adjusted taxable gifts within two years of death) and applies only to value above $5,000,000; life insurance includable in the federal gross estate under IRC §2042 (payable to the estate or owned/controlled by the decedent) counts toward that figure. |
Good to know in Vermont
- Vermont requires life insurers to pay a death claim within 30 days after receiving a properly executed proof of loss, with interest from the date of death at the greater of 6% or the rate paid on proceeds left on deposit (8 V.S.A. § 3665b(b)). Source
- Vermont prepaid funeral oversight runs through the Secretary of State's Office of Professional Regulation (Board of Funeral Service); if a funeral establishment can't perform its prepaid contracts, contract holders may apply for payment from the Funeral Service Trust Account (Board Rule 7.3). Source
Carriers we work with that quote in Vermont
Final expense / burial: Aetna · 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 Vermont results (September 2026). Product availability and rules vary by carrier and change over time.
How to get covered in Vermont
- 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 Vermont 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 Vermont. 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 Vermont — FAQ
How long is the free-look period for life insurance in Vermont?
New individual life insurance policies sold in Vermont typically give you at least 10 days to review the policy and cancel for a full refund (30 days for replacement policies (Vermont Regulation I-2001-03, Life Insurance and Annuities Replacement, § 5.A(4))). The exact window is printed on your policy’s first page.
What happens to my life insurance if the company fails in Vermont?
The Vermont Life & Health Insurance Guaranty Association protects Vermont 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 Vermont?
The Vermont Department of Financial Regulation (Insurance Division). You can verify an agent’s license or file a complaint with them.
Can I buy life insurance in Vermont by phone?
Yes. United Eagles Financial is licensed for life insurance in Vermont; most applications are done by phone or video with an electronic signature.