Senior Life Insurance Company is an agent owned and operated final expense life insurance company who understands the importance of providing families with support during the most difficult time of their lives – the passing of a loved one
At Senior Life, our agents are our top priority. We recognize that without their hard work and dedication, our company would not be where it is today. That’s why we have built our entire business model around our agents, ensuring that they have all the resources and support they need to succeed.
What sets us apart from other insurance companies is our commitment to our agents and policyholders. Our CEO and all of our company leaders are licensed agents themselves, giving them a deep understanding of the industry and the needs of our customers. This hands-on experience allows us to continuously improve and innovate, ensuring that we are always providing the best products and services to our valued clients
At Senior Life, we are more than just an insurance company – we are a family. We are dedicated to helping families navigate the difficult process of final expenses, and we are proud to have been doing so for over 50 years.
At Senior Life Insurance Company, we specialize in providing insurance coverage to individuals between the ages of 0 and 85, with a particular focus on those 50 years and above. Our extensive range of policies is designed to cater to the unique needs of every individual we work with.
Our dedicated team of agents is equipped with a variety of plans, ensuring that we can provide coverage to individuals regardless of their health condition.
From the lowest cost final expense policy all the way to a guaranteed issue plan, we strive to offer a comprehensive range of options to our clients. Our ultimate goal is to empower our agents to succeed and to become the leading provider of insurance for the senior community
As you know, one of the biggest challenges in the insurance industry is finding potential clients to sell policies to. However, here at Senior Life, that is not something you need to worry about.
We are proud to say that each and every day, we receive thousands of responses to our advertisements, whether it be through direct mail, social media, or our TV commercials.
These individuals, known as leads, are people who are asking to buy life insurance from Senior Life and it’s your job as the agent to guide them to the best plan that fits their specific needs. It’s really that - Simple !
Senior Life agents get paid daily. Their pay is a
percentage of the first year’s premium from each
application they submit.
First year commission percentages increase based on
production.
Pay-Thru compensation is the amount of your first-year commissions that are not advanced to you and are paid out net of any chargebacks.
Overrides are first year compensation off the new business
your agents write.
As soon as you start recruiting and building your agency,
override compensation begins and is paid daily based on
your agents writing new business.
Renewals begin when the policy reaches 13 months old.
You are paid every month thereafter on that policy
provided you meet the published persistency requirement
included in your contract.
Your override pay thru is the amount of commissions that are owed to you based off of your teams production level that are paid to you once the advance has been paid off and continue until the 12th month when the first year commissions have all been paid.
Renewal override commissions are the renewal commissions you earn off the business your team issues.
Every policy you sell and every agent you recruit builds
value for your agency.
This value continues to increase the more your agency
grows, and with this book of business you have the option
to sell your agency and be compensated for the value you
created.
Stock ownership is a long term financial reward based off total company results and is a tremendous benefit to our agents.
At Senior Life, you don’t have to worry about calling friends or family to make sales. With our groundbreaking Leads the Way App, we instantly provide our agents with the highest quality final expense leads on a daily basis. The moment a customer calls us, you are alerted through our groundbreaking technology. Let us bring customers to you today. No cold calling involved.
Through our SLICE App, we provide you with a sales process that walks your client right down to the close. This system is effortless, error-free, and so simple that any agent could complete it, regardless of experience. Same-day pay eligibility is included for your convenience.
All at your fingertips. All in five minutes or less.
Earn what you’re worth.
This business can take you to whatever level you choose — if you’re willing to work for it. Neither of our founders have a college degree, but they have achieved success with hard work in this industry. That’s what’s so great about final expense. No matter what background you have, whoever works the hardest is the one who earns the most. It’s that simple.
Are you ready to make a difference?
Friends, family members, neighbors — invite everyone to follow this proven system with you. Start with just the power of five people. Help those five people hire five more. Continuously expand your team. Watch your income grow as you help others get what they want with Senior Life Insurance Company.
Discover The Advantages of Building Your Team
Ron Powell | President & CEO
Contract now, speak to one of our leaders, or see for yourself why agents love Senior Life.