Questions? Call us at 877.777.8808.
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PROSPECTIVE POLICYHOLDERSFREQUENTLY ASKED QUESTIONS
Senior Life Insurance Company has been in business since 1970, and it has always been very important to us that our policyholders understand all details of their policies. Below are two lists of some of the more frequently asked questions that we receive from our policyholders and from prospective clients interested in our products.
If you do not find the answer to your question below, please contact us at email@example.com. Thank you for putting your trust in Senior Life.
Prepared by the National Association of Insurance Commissioners
Prospective Policyholder FAQs
+Why do I need life insurance?
Life insurance will provide a cash death benefit that your selected beneficiary or beneficiaries can use for whatever they choose.
+Should I even apply for life insurance if I know that I have an existing medical condition?
Yes. Even those with health conditions may still be eligible for coverage under Senior Life Insurance Company policies.
+How much will life insurance cost me?
Premium rates for life insurance are typically based on factors such as age, sex, height, weight, and health status including tobacco/nicotine use. The type of policy you purchase will also affect the amount of the premium. Please contact us at (877) 777-8808 for a premium quote.
+Who is a beneficiary?
This is a person or other party designated to receive life insurance proceeds upon the death of the insured. The beneficiary is named when a policy is taken out and can be changed at the request of the policyowner.
+Will my premiums ever increase?
+Can my policy ever be cancelled by the company?
Your policy may only be cancelled by the company for non-payment of premiums. It is important to make sure funds for payment are always readily available to ensure coverage for your family.
+Who will receive my death benefit?
The designated beneficiary will receive your death benefit.
+If I need further information or have policy questions, what should I do?
Please call us toll free at (877) 777-8808 or email us at firstname.lastname@example.org.