Everything you need to know about insurance basics, like coverage types, limits, cost and more.
Senior Life Insurance Policies
There’s nothing more important to you than the people you love. You live for them and do everything you can to protect them. That’s why a DreamSecure Senior Whole Life Insurance policy from American Family Life Insurance Company makes so much sense.
A senior whole life insurance policy isn’t just about preparing for the future — it’s about right now, too. Because when you know that the people who matter most to you have some financial protection to help with things like final expenses if you were to pass away, you’ll find peace of mind to truly live your life today. Plan for the future with the financial protection of a DreamSecure Senior Whole Life Insurance Policy.
What Is Life Insurance for Seniors?
Senior Whole Life Insurance is a great way to get life insurance if you’re between ages 50 and 80. It comes in small amounts so it can help pay for final expenses after you’ve passed away, helping your loved ones cover the costs of a funeral or any medical bills left behind. Since it’s a whole life policy, it provides lifelong coverage and premiums that never change.
We’ve also designed our DreamSecure Senior Whole Life Insurance with affordability in mind and made it easy to get covered with:
- A simplified application process
- No required medical exam
- Only a few health questions to help determine eligibility
Benefits of DreamSecure Senior Whole Life Insurance
Life insurance is a proactive way to help provide financial protection to your loved ones. Here are some of the benefits of DreamSecure Senior Whole Life Insurance:
Life insurance for those 50 to 80
This policy is specifically for people ages 50 to 80. It’s designed with simplicity and affordability in mind.
Lifelong protection, guaranteed premiums and cash value
Our DreamSecure Senior Whole Life Insurance policy provides lifelong coverage with premium payments that remain the same regardless of changes in health or age. And the whole life policy builds cash value.
Hassle-free application process
We make the application process simple and convenient. There’s no medical exam,* just an application to fill out and a phone call with some health questions to help determine eligibility. If approved, your Senior Whole Life Insurance policy can be issued in as little as a week.
Learn more about how a whole life insurance policy benefits seniors.
How Much Does A Senior Whole Life Policy Cost?
There are two available coverage levels for DreamSecure Senior Whole Life Insurance that have been designed with affordability in mind — $10,000 or $15,000. We can help you choose the option that works best for you.
For example, an eligible 60-year-old non-smoker can buy $10,000 of DreamSecure Senior Whole Life Insurance for under $40 a month — that’s less than $1.50 a day! Talk to your American Family Insurance agent to find the policy that fits your life and budget.
Why Should I Choose American Family Life Insurance Company?
American Family Life Insurance Company believes there’s more to life insurance than just a policy. It’s about helping you protect what matters most and being there when you need us most. We make the entire process convenient, compassionate and easy to understand. From application to approval, customer service to the claims process — you can trust us to be there. And you can trust us to be there for your loved ones, too.
Get A Senior Whole Life Insurance Quote
If you’re ready to take the next step in helping to protect your family’s financial future, or if you just have questions, contact your American Family Insurance agent today.
Ready for a quote? Use our life insurance calculator to get started. Follow the prompts including providing your birthdate and ZIP code to get an estimated quote. When using the calculator, be sure to change the default coverage amount to $15,000 to see a DreamSecure Senior Whole Life quote. And if you like, we’ll connect you with an agent who can give you more information about the policy.
This is a brief description of coverage and is subject to policy and/or rider terms and conditions which may vary by state. Fixed and guaranteed premiums are statements about the policy as determined at issue, and any changes made to a policy may affect the premium and are subject to our underwriting rules. The words “lifetime,” “lifelong” and “permanent” are subject to policy terms and conditions. This policy matures at age 121. Please check with an American Family agent for details on coverages and restrictions.
* The issuance of this policy may depend on the answers to the questions asked in the application.
Policy Form ICC17-228 WL, Policy Form L-228 (ND) WL, Policy Form L-228 WL