![Burial Insurance Pro 2024 & Funeral Insurance Plans [No Waiting Periods]](https://burialinsurancepro.org/wp-content/uploads/2017/01/burial-insurance-pro-logo.png){kind=logo}
Menu
Sentinel Security Life Insurance Company Review for 2024
By Matt Schmidt
When looking for a final expense, or burial insurance policy, there are usually several insurance companies to choose from. This is a good thing!!! Over time life insurance companies have realized the need to provide policies specifically designed to help families cover the various funeral and final expenses that come at the end of your life. We all know the average funeral is probably over $10,000, and that doesn’t address all the other expenses.
One company that you may not have heard of is Sentinel Security Life Insurance Company. Part of the reason you may not know of this great company, is that they do not advertise. They prefer to work with Independent agents, who represent their products. We love to recommend Sentinel Security Life to people who qualify for their products, and we even put them in our ‘Best Burial Insurance Companies’ article.
In 1948, a group of Utah Funeral directors noticed a need in their community. It was clear to them that many families needed an affordable final expense insurance product, to address funeral needs. To meet this growing need, they created the Sentinel Mutual Insurance Company.
Once the company was formed, they were able to provide these life insurance policies to help families cover burial and funeral expenses. Sentinel Security was one of the first companies to be “senior citizen” focused, and they have not lost that focus. Majority of the products they provide are for seniors.
In 1954, the company changed its name to Sentinel Insurance Company, and then in 1957 permanently changed to Sentinel Security Life Insurance Company. Over time they have expanded their product offerings to include Medicare supplement products, and even annuities.
At this time, Sentinel Security Life Final Expense insurance policies are not available in every state. Here are the states the product is available in:
AK, AR, CA, CO, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, MS, MN, MD, MO, NE, NV, NM, NC, ND, OH, OK, OR, PA, RI, SD, TX, UT, WY
The good news is that they are continually added new states over time. We feel that in the future, they will be available to people in almost every state.
Currently, Sentinel Security Life holds a B++ rating with AM BEST. While this is not an A rating, we feel secure with their history of being financially solvent, to still recommend them.
Over time, we have noticed our clients are receiving the death benefit pay out in about 2 to 3 days. This is much quicker compared to other companies. We credit this to Sentinel Security having a focus on these final expense insurance products, and knowing families need this benefit in a timely manner.
Like most insurance companies, Sentinel Security Life offers multiple final expense insurance plans. Ultimately, a person’s overall health will determine what plan, they would qualify for. You are unique and so are the needs of your loved ones. Preparing for the well-being of your loved ones can be overwhelming, especially when it comes to planning for end-of-life. Sentinel Security Life Insurance Company has developed a line of Final Expense life insurance plans that makes planning simple for you and your beneficiaries.
All the policies will pay out a lump sum, tax free payment to the beneficiary. The proceeds are then able to be used for funeral expenses, and other final expenses. Your family will have complete control, of how to use the funds.
Sentinel Security Life also only offers whole life insurance policies that will provide permanent coverage. The rates will never increase, no matter the age, or health of the client. Having these types of guarantees give you peace of mind, knowing the policy will not increase in price in the future. We never know when we are going to pass away, so it’s always important to make sure your insurance policy will cover your entire life.
Click here to see a brochure to this product
New Vantage I
This is Sentinel Security’s flagship product. If approved, it provide an immediate death benefit, to the beneficiary. Once the first premium is paid, the full death benefit is paid out. NO two year waiting period like other products out on the market.
To qualify, you will need to be in average, to above average health. Here are the health questions that you would have to answer NO to, to be approved:
Click here to check Health Questions
In addition to answering NO to these health questions, Sentinel Security will also do a MIB background check, and do a prescription drug background check. When working with an agency such as us, we can review your medications ahead of time, and make sure you’d qualify.
This whole life insurance product provides a ‘graded’ death benefit. This plan was designed for people who are not in perfect health, and for those who don’t need a ‘guaranteed issued’ type of policy.
Here are the product features:
This final product is designed for those who are in poor overall health. Due to accepting people who are not in the best of health, the policy will have a modified death benefit to begin with.
All of the new vantage policies provide the following:
Now that we’ve provided all the details to Sentinel Security Life’s policy, how do their rates compare to their competition?
Male $10,000 Whole Life
| Company | Age 50 | Age 60 | Age 70 | Age 80 |
|---|---|---|---|---|
| Sentinel Security | $27.72 | $42.42 | $69.92 | $147.06 |
| Assurity | $28.82 | $41.65 | $73.05 | $155.57 |
| Mutual of Omaha | $29.16 | $42.76 | $73.70 | $132.65 |
| Americo | $32.06 | $43.68 | $72.93 | $145.65 |
| Liberty Bankers Life | $30.51 | $45.80 | $73.31 | $146.80 |
| Phoenix | $30.15 | $43.27 | $72.74 | $146.92 |
| American-Amicable | $30.80 | $45.76 | $76.57 | $151.36 |
| Transamerica | $30.73 | $43.85 | $74.66 | $140.22 |
Female $10,000 Whole Life
| Company | Age 50 | Age 60 | Age 70 | Age 80 |
|---|---|---|---|---|
| Sentinel Security | $23.05 | $33.78 | $53.12 | $108.29 |
| Assurity | $25.48 | $34.74 | $56.41 | $113.89 |
| Mutual of Omaha | $24.67 | $32.87 | $53.24 | $98.43 |
| Americo | $24.56 | $33.93 | $53.43 | $112.77 |
| Liberty Bankers Life | $25.57 | $34.67 | $54.79 | $109.16 |
| Phoenix | $26.63 | $36.46 | $55.26 | $110.24 |
| American-Amicable | $25.96 | $37.22 | $58.70 | $110.44 |
| Transamerica | $25.32 | $33.72 | $71.59 | $104.11 |
Male $20,000 Whole Life
| Company | Age 50 | Age 60 | Age 70 | Age 80 |
|---|---|---|---|---|
| Sentinel Security | $52.44 | $81.83 | $136.84 | $291.12 |
| Assurity | $55.44 | $81.10 | $143.90 | $308.93 |
| Mutual of Omaha | $55.11 | $82.31 | $144.20 | $262.11 |
| Americo | $60.33 | $83.56 | $142.06 | $287.51 |
| Liberty Bankers Life | $56.39 | $86.97 | $141.99 | $288.97 |
| Phoenix | $56.16 | $82.40 | $141.34 | $289.69 |
| American-Amicable | $58.96 | $88.88 | $150.50 | $300.08 |
| Transamerica | $57.89 | $84.05 | $145.74 | $276.88 |
Female $20,000 Whole Life
| Company | Age 50 | Age 60 | Age 70 | Age 80 |
|---|---|---|---|---|
| Sentinel Security | $43.10 | $64.56 | $103.23 | $213.58 |
| Assurity | $48.77 | $67.28 | $110.62 | $225.58 |
| Mutual of Omaha | $46.14 | $62.53 | $103.28 | $193.66 |
| Americo | $45.32 | $64.07 | $103.06 | $221.75 |
| Liberty Bankers Life | $46.51 | $64.71 | $104.95 | $213.69 |
| Phoenix | $49.12 | $68.78 | $106.37 | $216.34 |
| American-Amicable | $49.28 | $71.81 | $114.75 | $218.24 |
| United Home Life | $47.76 | $66.49 | $100.59 | $204.87 |
| Settlers | $52.02 | $72.76 | $111.52 | $226.95 |
| Transamerica | $47.07 | $63.87 | $104.41 | $204.65 |
We feel Sentinel Security Life is a great company to work with. For the most part, the application process is quick and painless. After completing a simple application, you only have to do a brief phone verification interview. After all that is completed, a decision is made in 24-48 hours. The home office also provides outstanding customer service to their clients, and to their agents that represent them.
Their rates are very competitive in the final expense insurance industry, and they pay their claims in a timely manner. Also, they are financially solvent and extremely committed to the senior market and burial insurance industry. They are also a great company to consider if searching for burial insurance for your parents.
If you aren’t in the best of health, and do not qualify for coverage with them, you can always still qualify for a guaranteed acceptance insurance policy. Or possibly other companies may consider you for day one coverage such as Mutual of Omaha, Colonial Penn, or maybe even Oxford Life.
Sentinel Security Life is a great option for some. Is it going to be the right fit for you? We can’t really say until we have had an opportunity to talk with you and discover your needs, goals and objectives. Call us at (844) 334-6143 and have a quick conversation with our agents. We’ll do our best to help you navigate the burial insurance market place, and make recommendations that are in your best interest.
What’s great about Burial Insurance Pro’s, is being able to find the best policy for you. We have the knowledge and understanding of what it takes to get the lowest cost on final expense policies. These policies can only be sold through agents and agencies like us!