Senior Life Insurance

Austin Life Insurance

Looking for life insurance but don't know which plan you should select? Call our Austin life insurance specialists now. By looking over your unique situation, we will help you select the best option for you. Secure your future. Please call us today.

About Senior Life Insurance

In a senior life insurance policy, an agreement is made between a customer and an insurance provider. The customer agrees to pay a certain amount at scheduled intervals, which is called a "premium". In return, the company will pay a lump sum to a designated beneficiary under certain circumstances (usually the policyholder's death).

Term & Universal life insurance

Term life insurance relates to a specified time period, regarding both the premium payments and the payout.

Universal or whole senior life insurance is guaranteed for the duration of the owner’s life. This form of life insurance also allows for easy access to funds and provides tax-advantaged wealth growth.

Each form of senior life insurance offers benefits. To learn which senior life insurance solution will work best for you, speak with our Austin insurance professionals.

How does senior life insurance compare to other investment options?

The benefits and disadvantages to each investment strategy will be specific to you, depending on your financial circumstance. The most important thing to think about is how to select the correct financial professional who will take care of your needs.

Who Needs Senior life insurance?

Everybody needs senior life insurance coverage! It really doesn't matter if you are 25 or 75; you still have a need for this important financial product.

Why Should You Purchase Senior life insurance?

  • Provide a way for your family to pay for funeral expenses.
  • To cover the cost of living, such as school fees, groceries, and utility bills.
  • Paying off mortgages and other debts.

These three reasons are just the beginning. Learn more by contacting a senior life insurance professional at Reap Financial.