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Top 10 Compare Rates Senior Life Insurance Plans

Top 10 Compare Rates Senior Life Insurance Plans

We like to help our clients better understand what insurance companies for seniors have to offer. Either in your actual coverage or in the general plans, we want to make sure you get all the data from the beginning.

This way you will have all the information you need to make the best decision based on your health and lifestyle. The following article will help you learn all about senior life insurance plan and what they offer as a company for people from 50 to 85 years of age.

Senior Life Insurance Plans

Senior Life Insurance Plans

Senior Life Insurance Plans

Background information of the company
According to the Senior Life website, they have been incorporated since 1970. They started to have licenses in 6 states, but lately they have expanded to 39 states and the District of Columbia.

It’s main objective is to dedicate its services “to find innovative ways to equip its agents and serve their clients while maintaining a constant path of stability and growth”. They were pioneers on the road in 2005 through the use of telesales techniques to help increase production with final expenses.

Insurance qualifications
In general, Senior Life Insurance Company has a very solid rating. A.M. Best’s rating for Senior Life Insurance is A + due to its strong commitment to its policyholders, its well-established focus on growth and expansion strategies.

This product diversification. BBB also reviewed and rated Senior Life as A + based on its proven stability. Future insured and its constant sustainable financial position. Have two A + ratings of A.M. Best’s rating and the BBB review show that senior life insurance plans company is at the top of its class when it comes to its policies. Not only that, but you know that your customer service is one of the best for the insured.

Senior life insurance over 50 to 80

Senior Life offers you two options when it comes to selection elderly plans, Whole Life Insurance and Term Life Insurance.

• Whole life insurance: a policy that is guaranteed throughout the life of the insurer (or its due dates) as long as the premiums are paid, it also accumulates a cash value

• Term life insurance: a policy that pays a benefit for a specific term (for example, 10, 20 or 30 years of coverage)

Whole Life Senior Life Insurance Plans
There are three main benefits to choose from when it comes to Senior Life Whole Life Insurance Plans.

• Immediate Benefit Plan: As the plan says, this coverage begins immediately. There are different variations of this plan depending on your health conditions, but most of this plan starts as soon as you pay your first premium.

• Limited benefits plan: this plan is for people who have moderate to significant health problems.

• Accidental Death Plan: an update of your account that will allow you to double the death benefit in case of accidental death equal to the nominal amount of the policy.

Affordable Life Insurance For Elderly

If you are between 0 and 85 years old. You can enroll in these plans ranging from $ 1,000- $ 30,000. These senior life insurance plans offer life insurance with cash value throughout the life of the policy. To qualify you will only have to answer simple yes or no questions. Did we mention that premiums never increase and benefits never decrease? The only time you can cancel the policy is if you lose any of your premium payments.

Senior Life Term Life Insurance Plans
When it comes to term life plans of Senior Life have two different options. They are available for people who are between 20 and 65 years old and face amounts ranging between $ 10,000 and $ 50,000. As with whole life policies, premiums will never increase, benefits will never decrease . The policy can not be canceled unless premium payments are lost.

Final thoughts
Senior Life Insurance Company is one of the many insurance companies that exist. We hope that this review will help you understand a little better what they offer and their policies.

If you are looking for a certain type of senior life insurance plan policy, let us help you. Our focus here on Burial Insurance Pro is life insurance. That is what we do and what we stand out for. The years of experience we have with our clients allow us to know which company would best suit their needs.

Author’s Bio:

Andrew Breitbart is a professional Insurance Adviser in United States. He is independent financial writer for many blogs and Life Insurance For Elderly People Compare Quotes websites.

  • Top 10 Compare Rates Senior Life Insurance Plans Quotes.