Frequently Asked Questions about Life Insurance

With whole life insurance, you pay a small monthly (or quarterly for a discount) premium, and when you pass away, the policy amount you chose goes to whoever will be handling your final affairs. The death benefit can pay for funeral and burial costs, opening and closing the grave, travel expenses, and any other final expenses, or it can serve as a nest egg for children or grandchildren. Whole life insurance can never be cancelled, except for nonpayment, and the premium rate can never be increased. Whole life insurance also builds cash value as you pay into it, so if you needed to borrow against the policy, you could.

The average price of a funeral today is between $6,000-$12,000, depending on what you choose. Like clockwork, those funeral costs go up every year; in fact, experts predict the average cost of a funeral could reach $15,000 in the next 10 years! No one wants to leave behind that kind of bill for their families, friends, and neighbors to struggle with. With whole life insurance, you can protect your family from that hardship with affordable, quality policies where: 

• Coverage will never expire or be cancelled.
• Premiums will never increase. 
• Benefits will never decrease.
• Cash value will build over time.  

Term life insurance is a life insurance plan that covers you for a certain amount of time- 10 years, 20 years, until you’re age 60, etc. Then, if the term carrier even offers you the option to renew, it will be much more expensive than you’re used to paying. The rates for a term plan can go up at any time, and the policy doesn’t build any cash value as you pay into it. Plus, almost all term plans end at age 80, so even if you pay your premiums on time every month for thirty years, your family will receive nothing if you live to be 81 or 85 or 90 or 105 (as we hope all our clients will!). 

With whole life insurance, you will never be punished for “living too long”. We believe that every senior 50-80 should have access to affordable, high-quality life insurance, and whole life insurance is simply the best way to make sure your family is protected from funeral expenses no matter what happens in the years to come. 

Click here to download this sheet to figure out how much coverage you need depending on your circumstances. Contact us today with any questions!

Funeral home plans don’t cover the cemetery expenses, like the plot, headstone, opening and closing, flowers, minister and in addition, there are always legal fees, sales taxes, medical bills, utilities, travel expenses for your family, and all sorts of miscellaneous items. These extra expenses can run $2,000 -$20,000 or even more. A whole life insurance policy can keep these expenses from falling on your family in a really difficult time. 

At SeniorcareUSA, we do things differently than most of the big companies you see advertised every time you turn on the TV. Our business was founded with you, the client, as priority number #1, always. We’re a family business, and we believe that our clients should receive the same care and attention we’d give to our own family. That means that when you call us, you will always talk to a real person, never a robot. If you click the chat box on the right side of your screen, you can talk to a real team member, 24/7, and ask any questions you may have or set up a phone appointment with one of our licensed agents. We know insurance can be confusing, but everyone in the SeniorcareUSA family is expertly trained to make the process simple and leave you completely satisfied that you understand everything about your new policy. 

We use a proprietary system developed by members of our very own family to instantly compare prices with all of our top-rated carriers, so we will always find the best price for you with no hassle. 

Yes! None of our policies require blood work or anyone coming to your home for a medical exam. Our trained agents will ask a few basic health questions over the phone, and no matter the answers, we can always find you a great policy for an affordable price. We even have Guaranteed Issue policies that require no health questions at all and will cover even serious health issues. 

Tobacco use is no problem at all. In fact, some of our carriers don’t even consider pipe or cigar use tobacco use!

Of course. Making sure your mother or father’s final wishes are carried out the way they want and easing the difficult time following a loss by not having a bill to worry about is something we are always happy to help with. Just make sure you have your mom or dad handy when you call in so we can make sure we find them the right policy. 

Certainly! Some of our carriers specialize in this kind of bonus feature, called a rider, so as long as your grandchildren don’t have any serious health conditions, we can cover you AND as many grandchildren as you like for extremely affordable monthly premiums. 

Almost everyone we work with is on a fixed income, so we take extraordinary pains to partner with the very best carriers in the field, and enough of them, that we have policies that will accommodate any budget. 

We offer a variety of ways to pay your insurance premiums. Some of these include:

• Paperless billing (easier, safer, automatic) 
• Bank draft is always easiest, but some companies will accept Direct Express, Green Dot, Metabank, or even debit/credit cards! 
• Advantages for checking or savings account. 
• Almost any way you like.  

Absolutely! A lot of our clients pay their premiums out of their Social Security checks, so whether you get paid on the first, third, second Wednesday, third Wednesday, or any other day you choose, you have absolute control over when your premiums will be due.