Permanent, Whole Life coverage for ages 0 – 85, guaranteed regardless of medical history!
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PROSPECTIVE POLICYHOLDERSWHOLE LIFE POLICIES
We Offer A Variety Of Whole Life Insurance Plans
Senior Life offers several permanent Whole Life Insurance Plans that build cash value/loan value over the life of the policy. These plans are available for individuals who are ages 0 to 85, with face amounts ranging from $1,000 to $30,000 in protection. Once the application is approved, the first premium is honored by the bank, and the policy is issued, premiums will never increase, the benefits will never decrease, and the policy cannot be cancelled by the company except for non-payment of premiums.
NO MEDICAL EXAM NEEDED!
At Senior Life, you do not need to take any type of medical exam. Simply answer a few yes/no health questions to qualify.
Our Whole Life Insurance Policy Guarantees
- YOUR DEATH BENEFIT WILL NEVER DECREASE.*Your death benefit will remain the same for the life of your policy. When a claim is made, the benefit will be paid to the beneficiary tax free.
- YOU HAVE LIFETIME COVERAGE.**Your policy can only be cancelled by you. As long as premiums are paid, you are covered for the rest of your life.
- YOUR PREMIUMS WILL NEVER INCREASE.Your premiums are guaranteed to remain the same for the life of your policy.
- YOUR POLICY BUILDS CASH VALUE.Your policy will begin to accrue cash value and have loan value over time.
With one of our Immediate Benefit Whole Life Insurance Plans, your coverage is the full face amount from the moment the application is approved, the first premium is honored by the bank, and the policy is issued. These policies cannot be cancelled by Senior Life except for the non-payment of premiums, and we have a variety of these plans for clients ranging from those with no health issues to those with moderate health issues. With an Immediate Benefit Plan, you have full coverage from day one.
20 PAY STANDARD
Our Limited Benefit Whole Life Insurance Plans are designed to offer coverage to clients with moderate or significant health issues. These policies cannot be cancelled by Senior Life except for the non-payment of premiums.
EASY ISSUE GRADED
UPGRADE A WHOLE LIFE POLICY WITH AN ACCIDENTAL DEATH BENEFIT RIDER
The Accidental Death Benefit Rider is available for Whole Life Insurance Policies and provides an accidental death benefit equal to the policy’s face amount. This added benefit will pay in addition to the face amount of the base policy if the insured’s death meets the guidelines of “Accidental Death” as defined within the Rider.
DOUBLE THE DEATH BENEFIT FOR AN ACCIDENTAL DEATH
Insurance plans, riders, and features may not be available in all states. Terms and features may vary by plan and/or state. For more details on coverage, costs, and restrictions, contact us.
*A 100% Return of Premium is based on annual mode of payment; monthly mode of payment will result in a 98% Return of Premiums. The Return of Premium Benefit is only available if the policy is in-force at the end of 20-year term. Policy does not offer return of premiums if the death benefit is paid, policy lapses, or is cancelled by the owner. Full details and disclosures for POLT5750 and POLT5770 are included in the policy.
Senior Life policies are not funeral or burial contracts. This life insurance does not specifically cover funeral goods or services and may not cover the entire cost of your funeral at the time of your death. The beneficiary of the life insurance policy may use the proceeds for any purpose, unless otherwise directed.
Senior Life is continually expanding, researching, and offering products to meet the different needs of individuals. As we continue in our efforts, we strive to stay on top of the insurance market by providing the newest, most valuable, and most attractive products for our customers. We are currently licensed in the following jurisdictions: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Jersey, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, West Virginia, and Washington, D.C.