KJZT Senior Life is whole life cash-value coverage for individuals age 50 through 80. Relaxed underwriting means there are no medical exams or specimens involved! A simple application determines if you are qualified or not. While it is not a guaranteed-issue plan, you can be approved even if you have health issues that may complicate a regular life insurance plan. You may qualify for one of three different death benefits:
Level Death Benefit
Guaranteed full death benefit begins immediately and continues to age 100. Face amounts available are $5,000 – $25,000.
Graded Death Benefit
Coverage begins immediately with the first-year death benefit limited to 30% of the face amount. Coverage increases the second year to 70% with full face amount coverage beginning at the end of the second year and guaranteed level to age 100. Face amounts available are $5,000 – $25,000.
Modified Death Benefit
Coverage begins immediately with the first two years death benefit limited to the total of premiums paid in plus 10%. Coverage then increases to the full-face amount coverage beginning at the end of the second year and guaranteed level to age 100. Face amounts available are $5,000 – $10,000.
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You can quickly, conveniently, and confidentially estimate how much coverage you’ll need by going to our NEEDS CALC. Also, consider talking with a KJZT Family Life insurance professional about your options, so you can make a decision that best meets your needs.