Wednesday, October 30, 2019

What Does Guaranteed Acceptance Mean?


Guaranteed acceptance is a phrase used in life insurance which refers to a type of life insurance policy that offers guaranteed approval.

Also known as guaranteed issue life insurance, guaranteed acceptance policies are offered as an option for people who are older or having difficulty getting insured for life insurance.

With guaranteed approval plans you cannot be turned down for coverage due to any health issues.

As long as you meet the age requirements and can pay the premiums, you can get insured for life insurance. Request a free quote.

However, these plans offer a limited amount of life insurance and the rate charged for coverage is higher than for standard life insurance policies.

Learn more about what guaranteed acceptance means for life insurance.

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