Debt (credit cards, utility bills etc.)Ĭlick here to see a brochure to this product.Factors to consider when choosing a final expense life insurance policy We never know when we are going to pass away, so it’s always important to make sure your insurance policy will cover your entire life. Having these types of guarantees give you peace of mind, knowing the policy will not increase in price in the future. The rates will never increase, no matter the age, or health of the client. Sentinel Security Life also only offers whole life insurance policies that will provide permanent coverage.
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Your family will have complete control, of how to use the funds. The proceeds are then able to be used for funeral expenses, and other final expenses.
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Sentinel Security Life Insurance Company has developed a line of Final Expense life insurance plans that makes planning simple for you and your beneficiaries.Īll the policies will pay out a lump sum, tax free payment to the beneficiary. Preparing for the well-being of your loved ones can be overwhelming, especially when it comes to planning for end-of-life. You are unique and so are the needs of your loved ones. Ultimately, a person’s overall health will determine what plan, they would qualify for. Like most insurance companies, Sentinel Security Life offers multiple final expense insurance plans. What Type of Final Expense Policies do Sentinel Security Life offer? We credit this to Sentinel Security having a focus on these final expense insurance products, and knowing families need this benefit in a timely manner. This is much quicker compared to other companies. Over time, we have noticed our clients are receiving the death benefit pay out in about 2 to 3 days. While this is not an A rating, we feel secure with their history of being financially solvent, to still recommend them. What is their Financial Rating?Ĭurrently, Sentinel Security Life holds a B++ rating with AM BEST. We feel that in the future, they will be available to people in almost every state. The good news is that they are continually added new states over time. Here are the states the product is available in:ĪK, AR, CA, CO, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, MS, MN, MD, MO, NE, NV, NM, NC, ND, OH, OK, OR, PA, RI, SD, TX, UT, WY What States are Available for Sentinel Security Life Final Expense Insurance?Īt this time, Sentinel Security Life Final Expense insurance policies are not available in every state. Over time they have expanded their product offerings to include Medicare supplement products, and even annuities. In 1954, the company changed its name to Sentinel Insurance Company, and then in 1957 permanently changed to Sentinel Security Life Insurance Company. Majority of the products they provide are for seniors. Sentinel Security was one of the first companies to be “senior citizen” focused, and they have not lost that focus. Once the company was formed, they were able to provide these life insurance policies to help families cover burial and funeral expenses. To meet this growing need, they created the Sentinel Mutual Insurance Company. It was clear to them that many families needed an affordable final expense insurance product, to address funeral needs. In 1948, a group of Utah Funeral directors noticed a need in their community. Sentinel Security Life Insurance Background We love to recommend Sentinel Security Life to people who qualify for their products, and we even put them in our ‘ Best Burial Insurance Companies’ article. They prefer to work with Independent agents, who represent their products. Part of the reason you may not know of this great company, is that they do not advertise. One company that you may not have heard of is Sentinel Security Life Insurance Company. We all know the average funeral is probably over $10,000, and that doesn’t address all the other expenses. This is a good thing!!! Over time life insurance companies have realized the need to provide policies specifically designed to help families cover the various funeral and final expenses that come at the end of your life.
When looking for a final expense, or burial insurance policy, there are usually several insurance companies to choose from.
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