Senior Life Insurance
Our Company has a proven track record of . . .
Longevity, Innovation, & Growth
Our Company was incorporated in 1970. In 2000, we were licensed in 6 states; we have since expanded to over 40 states and the District of Columbia with plans for continued nationwide expansion. In 2005, we could see that agents needed marketing options, so final expense telesales was born. Our dedication to finding innovative ways to equip our agents and serve our clients has kept Senior Life Insurance Company on a consistent path of stability and growth. We have also inrtoduced SLICE our electronic application for use on the iPad and coming soon for Android.
Our Stability is Proven and Our Future is Strong
- Our financial position is maintained at many times over state minimums and conservatively managed.
- We pioneered the use of telesales in final expense to increase production.
- We are also very proud of the fact that we are able to operate debit free each year.
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Our Products
We designed our product line to have a product for almost any client, no matter the circumstances. With everything from one of the lowest-cost final expense plans in America to plans that can cover clients with significant health issues, our agents are equipped to meet our clients' needs.
A Wide Range of Easy-to-Understand Products for Final Expenses
- Plans available for individuals ages 0 to 85
- Face amounts ranging from $1,000 to $50,000
- No medical exam required—clients just have to answer a few simple health questions.
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We offer a variety of Whole Life Insurance Plans
Senior Life offers several permanent coverage Whole Life 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.
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Our Standard Benefit Option (Whole Life)
Our Standard Plan is the most popular product we offer because so many people qualify for this plan. We insure people ages 0 to 85 with face amounts of $1,000 to $20,000. The features of this plan include:
- Whole Life Policy
- Issue Ages 0-85
- Minimum Face Amount $1,000
- Maximum Face Amount $20,000 for ages 0-80 or $10,000 for ages 81-85
- Optional Accidental Death Benefit Rider available
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Term Life Insurance With Return of Premium Option
Senior Life offers two Term Life Plans for clients who only need coverage over a 20 year period. These plans are available for individuals who are ages 20 to 65, with face amounts ranging from $10,000 to $50,000 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.
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This section is where you can talk about how your business works. Each step should be distinct, clear, simple and concise. When writing, remember to keep your user in mind and to tailor your content so it is easy for your audience to understand.
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Step
This section is where you can talk about how your business works. Each step should be distinct, clear, simple and concise. When writing, remember to keep your user in mind and to tailor your content so it is easy for your audience to understand.
