Pioneer American Insurance Company offers plans and policies with a quality of excellence at affordable rates. Pioneer American’s policy offerings include Whole Life Insurance, Universal Life Insurance and Final Expense Insurance.
Pioneer American Insurance Company offers a wide variety of options and policies to choose from. Pioneer American’s primary policy offerings include: Whole Life Insurance, Universal Life Insurance and Final Expense Insurance.
Whole Life Insurance
Pioneer American Insurance Company offers excellent quality Whole Life Insurance policies at affordable rates. Pioneer American’s Whole Life policy package offers up to $50,000 in insurance, with potential for an immediate death benefit. However, seniors with serious health problems may not qualify for this portion of the policy; but instead may qualify for a modified Whole Life Insurance package with a 2 or 3-year waiting period, depending on age and health conditions.. Additionally, the Whole Life policy offers permanent coverage. This includes cash value that grows over time which can be utilized by policyholders within their lifetime. Whole Life Insurance coverage options are available for policyholders as young as 6 months old and seniors up to 85 years old.
Universal Life Insurance
Pioneer American Insurance Company also offers two universal life insurance options. Subject to underwriting, the simplified issue universal life policy offers seniors individuals coverage of up to $500,000. No medical examination is required to qualify for this coverage option. However, healthy individuals willing to pursue the full underwriting process can enroll in a policy offering coverage without a capped death benefit amount. This is a particularly favorable option for individuals and families with large life insurance needs, including customers seeking estate planning.
Final Expense Insurance
Final Expense Insurance is a life insurance policy option for seniors who do not already have a life insurance plan. This life insurance for seniors option helps to remove the financial burden of funeral, burial and end of life costs that falls on the family and loved ones. While most of Pioneer American Insurance Company’s competitors cap coverage of their Final Expense Insurance policies at $25,000, the generous and knowledgeable team at Pioneer American is able to offer coverage of up to $50,000.
