Life Insurance
Protect your family with affordable and flexible life insurance coverage from Sanders Family Life.
Long Term Care Benefits
No Exclusion on use of funds
You do NOT have to be in a Nursing Home
No need to track receipts or complicated record keeping
Cash benefits paid tax free to owner / insured
Premiums remain level for the life of the policy.
Choose the right option for you!
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People who need cost-effective protection for loved ones left behind.
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People who need a permanent life insurance solution that is fully guaranteed.
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People who need:
- College savings
- Estate planning
- Business planning
- Additional retirement savings
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People who need affordable life insurance and protection for loved ones left behind
Long Term Care Rider
Allows you to receive a portion of the death benefit — the money that would be paid to your beneficiary after you pass — while you're still alive!
This is a great option to help cover the costs of nursing homes, a private caretaker, or other medical costs associated with aging.
Know Your Benefits!
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If you are a…
Parent
Life insurance helps with the everyday expenses of raising a child and saving for college tuition and other milestones.
Spouse
Life insurance guarantees you’re covered for any shared expenses or loans.
Student
Federal student loans are forgiven if the borrower dies but private student loans transfer to the co-signers. Life insurance protects your loved ones from that debt.
Entrepreneur
You can name a business partner as a life insurance beneficiary. Proceeds can be used to keep the business running or buy out the deceased's shares.
Caretaker
Whether you care for an adult child, an aging parent, or someone else, life insurance helps your loved ones find new aid if something happens to you. -
Many policies offer benefits that can be used by the policy holder during their lifetime.
Accelerated Death Benefit
Terminally ill patients can forgo their death benefit in exchange for a payment equal to the life insurance policy’s face value.
Portability
Take advantage of group rates and the convenience of direct billing.
Waiver Of Premium
This feature allows you keep your coverage even if you become seriously ill or disabled.
Cash Accumulation
By paying in excess of your regular premiums, some policies allow you to increase the amount of your death benefit. -
Both policies provide a death benefit, but whole life policies can provide additional benefits and offer more flexibility than term policies; also, the premiums tend to stay the same for life.
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When you take out a policy loan, you're not removing money from the cash value of your account. Instead, you're taking a loan from the insurer and just using the cash value as collateral. This is a significant benefit, as the cash value remains within the life insurance policy and continues to accumulate interest.
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There’s no ‘one size fits all’ policy that is right for everyone. The only “wrong” answer is no coverage at all.
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Not all insurance companies or types of insurance require a medical exam. For example, it may not be necessary if you’re young and healthy, or if you’re seeking a low amount of coverage. If you are applying for a life insurance policy that does require an exam, it will occur after you’ve submitted your application.