Sentinel Security Life Burial Insurance Review

Jake Irving

Jake Irving is the Founder of Policy and has contributed to articles for Synchrony Financial, GoBankingRates, Yahoo News, UpCity, Zapier, LegalZoom, and more.

Read Full Bio>>

Some of the products featured on this page may be from our partners who compensate us. This might influence which insurance products we review, write about, and the companies placement on the page. 

However, Policy has a core mission to demand transparency from the insurance industry, and we expect our readers to demand the same from us.

This is why we disclose the following:

How we Make Money>> 

Our Partners>>

Editorial Guidelines>> 

Many life insurance companies claim to have great products, but only a handful of burial insurance companies have top-tier plans. Burial insurance has many details to review before making a purchasing decision.

Our industry experts have reviewed Sentinel Security Life and the final expense insurance protection they offer.

Quick Links

Sentinel Security Life Logo

Sentinel Security Life Burial Insurance Review

Sentinel Security Insurance was founded in 1948 by a group of funeral directors who saw the burden many families go through when paying for a loved one’s final expenses.

The original name of the company was Sentinel Mutual Insurance Company. As the years went by, the carrier changed the company’s name multiple times. In recent years, they have added additional products to their offerings.

Company Details

  • Established: 1948
  • A.M. Best Financial Rating: B+ (good)
  • Headquarters: Salt Lake City, UT

Plan Types & Benefits

  • Plan 1: New Vantage I
  • Plan 2: New Vantage II
  • Plan 3: New Vantage III

Each funeral insurance plan comes with the three permanent whole life benefits listed below. These policies are intended to be an affordable way for seniors to account for the inevitable funeral expenses and not leave a burden to loved ones. Burial insurance is easy to get and never requires a medical exam.

Price Lock: The monthly premium will never change. This allows seniors on a fixed income to plan their expenses with no surprise rate increases.

Coverage Lock: The policy will never expire or decrease in coverage. This gives families peace of mind knowing the death benefit and financial resources will be available when needed.

Builds Cash Value: With every payment made, a portion will go towards the cash value. Over time this amount will grow and can be borrowed from.

Plan 1: New Vantage I

Plan Details

  • Age Eligibility: 0 – 85
  • Coverage Amount: $1,000 – $35,000 (depending on age)
  • State Availability: 34 states & DC (excluding AK, CT, IL, MA, ME, MI, NH, NJ, NY, OR, TN, WA, WI, WV, VA, VT)
  • Medical Exam: No
  • Health Questions: Yes
  • Waiting Period: No
  • Permanent Coverage: Yes
  • Builds a Cash Value: Yes
  • Smoking Rates: Yes

Immediate Coverage

This plan offers an immediate death benefit, meaning if the applicant were to pass away anytime after the policy is issued, the full death benefit would be awarded to the beneficiary. With immediate coverage comes stricter underwriting guidelines.

Lowest Premiums

This plan has the lowest burial insurance quotes out of the three plans Sentinel Security Life offers.

The New Vantage 1 plan has very competitive premiums when compared to the competition. Specifically, Sentinel has lower prices than the Lincoln Heritage Funeral Advantage plan.

Plan 2: New Vantage II

Plan Details

  • Age Eligibility: 45 – 85
  • Coverage Amount: $1,000 – $20,000 (depending on age)
  • State Availability: 33 states & DC (excluding AK, CT, IL, MA, ME, MI, MT, NH, NJ, NY, OR, TN, WA, WI, WV, VA, VT)
  • Medical Exam: No
  • Health Questions: Yes
  • Waiting Period: Yes
  • Permanent Coverage: Yes
  • Builds a Cash Value: Yes
  • Smoking Rates: Yes

Two-Year Waiting Period (Graded Payout)

This life insurance product has more lenient underwriting than the New Vantage 1 plan. Due to underwriting being more favorable, a two-year graded waiting period is implemented. This means if the policyholder were to pass away anytime during the first two plan years, they would receive a percentage of the coverage amount.

Payout Structure

  • Year 1: 30% of the coverage amount
  • Year 2: 70% of the coverage amount
  • All other years: Full coverage amount

The premiums from the New Vantage 2 plan are competitive when compared to similar products on the market.

Plan 3: New Vantage III

Plan Details

  • Age Eligibility: 45 – 85
  • Coverage Amount: $1,000 – $15,000
  • State Availability: 30 states & DC (excluding AK, AR, CT, IL, MA, ME, MI, MN, MT, NH, NJ, NV, NY, OR, TN, WA, WI, WV, VA, VT)
  • Medical Exam: No
  • Health Questions: Yes
  • Waiting Period: Yes
  • Permanent Coverage: Yes
  • Builds a Cash Value: Yes
  • Smoking Rates: Yes

Two-Year Waiting Period

This plan comes with the simplest underwriting process. The applicant will need to answer four medical questions. With this simple application process, the waiting period payout is not as favorable as the other plan options offered by Sentinel Security Life.

Payout Structure

  • Year 1: All paid premiums returned plus 10%
  • Year 2: All paid premiums returned plus 10%
  • All other years: Full coverage amount

The prices are higher than the competition. A better price can be found through a different final expense insurance company like Cigna’s Modified Benefit plan. Sentinel Security’s non-smoking rates are shown below.

Final Thoughts On Sentinel’s Burial Insurance Review

a. This Sentinel Security Life funeral insurance review has shown that this carrier has competitive prices with two of its three plans.

b. The New Vantage 1 & 2 plans offer low prices, while the New Vantage 3 is at a higher price point than other funeral insurance companies.

c. Work with an independent agent to find the lowest prices and best plan structure for your specific needs.