Arizona families often weigh a small whole life policy against a prepaid funeral plan. Final expense insurance pays a cash benefit to the person you name, while Arizona licenses prearranged funeral sales separately through its health department.
Life insurance in Arizona is overseen by the Arizona Department of Insurance and Financial Institutions (DIFI). DIFI licenses insurance agents and carriers, and it takes consumer complaints. Before you apply, you can look up an agent's Arizona license on DIFI's website.
Every life policy delivered in Arizona tells you, on or near its first page, how many days you have to review it and return it for a full refund of premium. Read that notice as soon as the policy arrives, and keep the delivery date. A policy that replaces coverage you already own comes with extra disclosure paperwork.
Since 2023 the Arizona Department of Health Services, through its Funeral Services Licensing program, licenses funeral establishments, funeral directors and prearranged funeral salespersons. That job used to belong to the State Board of Funeral Directors and Embalmers, which no longer exists. A prearranged funeral agreement locks in goods and services at one funeral home. A final expense policy pays cash your beneficiary can use at any provider, or for other bills.
The Arizona Department of Insurance and Financial Institutions (DIFI) handles complaints about life insurance companies and agents, and it is where you can verify that an agent is licensed in Arizona.
No. Arizona prearranged funeral sales are licensed by the Department of Health Services and tie you to one funeral home's goods and services. Final expense insurance is a life policy that pays cash to your beneficiary, who decides how to use it.