Life insurance
Life insurance pays money to the people you choose when you pass away. It can replace income for a spouse, pay off debts, or cover funeral and final costs. Senior Retirement Solutions helps you pick the type and amount that fits your age, health, and budget.
The main types
Most people choose among three kinds of coverage:
- Term life: coverage for a set number of years, usually the lowest cost per dollar of coverage
- Whole life: coverage for life as long as premiums are paid, with a cash value that builds over time
- Final expense: a smaller whole life policy meant to cover funeral and end-of-life costs
What shapes your price
Your age, health, the amount of coverage, and the type of policy all affect the premium.
Some policies ask health questions or require an exam. Others ask few or none, and usually cost more for the same coverage.
Life insurance and annuities
Life insurance is mainly about protecting people you leave behind. An annuity is mainly about income or protecting savings during your life. If you are also looking at retirement income, see our annuities page.
How SRS helps
A licensed insurance agent asks who you want to protect and what you want the money to do. Then they compare policies with you. No decision is needed on the first call.
Common questions
Can I get a final expense quote online?
Yes. You can start a final expense quote online, or call Senior Retirement Solutions and talk it through with a licensed advisor.