Senior Whole Life

Funeral and burial expenses do not have to create a financial burden for your family. Senior Tribute can help cover these costs, as well as administrative and probate fees.

Your premium will never increase, and your coverage will never decrease. Your cash values are accumulated on a tax-deferred basis with a guaranteed interest rate of 4.5% annually. All death benefits are income tax-free under current U.S. tax laws.

We offer two Senior Tribute policies:

Senior Tribute I

Immediate, Full Death Benefit. Senior Tribute I is a whole life policy with guaranteed cash values. If the insured's death occurs while the policy is in force, the death benefit is paid to the named beneficiary less any outstanding loans.

Benefits range from $2,500-$35,000, depending on age and the state in which you live.

Senior Tribute II

Modified Death Benefit. If death occurs during the first three years of the policy, the death benefit will equal all of the premium paid plus 10% interest. Should death result from an accident, the full benefit will be paid.

Benefits range from $2,500-$25,000, depending on age and the state in which you live.

With either policy, we offer an Accidental Death Benefit Rider*, doubling your death benefit if death occurs as the result of an accident. Your benefits are tripled if that accidental death results from riding in a bus or plane.

To create a plan that's right for you, and check the availability of products in your state, contact an American Pioneer agent. For more information about any of our plans, email us or call 1-800-538-1053.

*Additional premium required.

Product availability and benefits vary by state. These policies have exclusions and limitations. Product available in AZ, AR, CO, FL, GA, ID, IN, KY, LA, MS, MO, NE, NM, NC, NV, OH, OK, SC, TN, TX and VA.

Policy Series: LDBWL, LGBWL (or state variations)