Life Insurance Guaranteed Issue?

What is guaranteed issue life insurance?

It’s a type of life insurance plan where the person applying for coverage cannot be turned down.

These are usually life insurance policies that offer a small amount of life insurance up to $20,000 of coverage, and provide graded death benefits, meaning you will not have full coverage until you have been insured  by the policy for at least two years. That’s how the insurance company can guarantee your acceptance even if you have health problems.

Since your acceptance is guaranteed, your rate will be much higher than you would pay for life insurance if you were healthy and were taking a medical exam to qualify for coverage.

With guaranteed issue life insurance there is no health exam required and there are no health questions asked.

Some plans start for as little as $10 per month for a small amount of life insurance coverage.

Here’s how you can learn more and compare life insurance guaranteed issue plans online.


About termlifeonline
Thanks for visiting my blog. I write for several insurance blogs and for Term Life Online. I have more than 20 years of insurance experience.

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