Senior Life Insurance

Austin Life Insurance

Our staff of life insurance specialists in Austin can assist you through the challenging process of selecting life insurance. We take your unique situation into account in order to select the option that will work best for you. Secure your financial future. Call us today.

What is senior life insurance?

Senior life insurance is a contract between a person and an insurance company. The customer pays a specified amount of money at regular 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 means you only pay for a specified time period, and the benefit only lasts for a fixed period.

Whole or universal senior life insurance is guaranteed for the owner's entire life. The advantages of this type of senior life insurance include easy access to funds and tax-advantaged growth of wealth.

There are advantages to both types of senior life insurance. Contact one of our Austin insurance professionals to learn which life solution will work best for you.

What are the financial benefits of senior life insurance policy compared to investing in other ways?

Every investment strategy has its pros and cons depending on your unique circumstances. This is why selecting a professional financial professional is so important.

Who Needs Senior life insurance?

The simple answer? Everyone should buy a senior life insurance policy.

Why Should You Purchase Senior life insurance?

  • Provide a way for your family to pay for funeral expenses.
  • To pay for the expense of children that may still be living at home.
  • Paying off outstanding debts, such as mortgages.

There are several other reasons to purchase senior life insurance. Learn more about your options by contacting a senior life insurance professional at Reap Financial.