Kentucky Home Life offers Senior Life I and II policies that are permanent, whole life insurance products. These policies have level premiums, and guaranteed death benefits.
The Senior Life I policy has a Level Death Benefit for life.
The Senior Life II policy is a Modified Whole Life policy with Graded Death Benefits during the first two years of 110% of premiums paid. Thereafter, benefits will be 100% of the ultimate face amount. If death occurs by accident in the first two years, benefits will be 100% of the ultimate face amount in lieu of Graded Death Benefits.
– Issue Size – $3,000 to $25,000
– Issue Ages – 50 to 85, male/female
– Premiums vary by issue age and sex
– This policy accumulates cash values