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Term Life Insurance

Return of Premium
20 Year Term Plan

Our Return of Premium 20 Year Term Plan gives you 100%* of your money back if you outlive the 20 year term or the full death benefit if death occurs while the policy is in-force. Return of Premium is the only insurance that will pay your family the death benefit if you pass away or give you your premiums back if you outlive the 20 year term. We offer our Return of Premium plan to people ages 20 to 60 with face amounts of $10,000, $20,000, $30,000, $40,000, and $50,000. The features of this plan include:

  • Issue Ages 20-45 for applicants who have used tobacco or nicotine products in the 12 months prior to the application date
  • Issue Ages 20-60 for applicants who have not used tobacco or nicotine products in the 12 months prior to the application date
  • Face Amounts $10,000, $20,000, $30,000, $40,000, and $50,000 only
  • 100% premiums paid back at the end of the 20 year term*

*A 100% Return of Premium is based on annual mode of payment; monthly mode of payment will result in a 98% Return of Premiums. The Return of Premium Benefit is only available if the policy is in-force at the end of 20-year term.

Insurance plans, riders, and features may not be available in all states; and terms and features may vary by plan and/or state. For more details on coverage, costs, and restrictions, contact us.

Senior Life policies are not funeral or burial contracts. This life insurance does not specifically cover funeral goods or services, and may not cover the entire cost of your funeral at the time of your death. The beneficiary of the life insurance policy may use the proceeds for any purpose, unless otherwise directed.

Senior Life is continually expanding, researching, and offering products to meet the different needs of individuals. As we continue in our efforts, we strive to stay on top of the insurance market by providing the newest, most valuable, and most attractive products for our customers. We are currently licensed in the following jurisdictions: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Jersey, New Mexico, North Carolina, North Dakota, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, West Virginia, and the District of Columbia.