Immediate Death Benefit Life Insurance

Yes, there are life insurance policies that offer immediate death benefits.

In fact, most life insurance plans are issued with immediate coverage, once you have been accepted for insurance, and paid your first month's premiums, your life insurance coverage goes into effect the same day.

However, graded death benefits life insurance, also known as, guaranteed issue coverage, has limited death benefits the first 2 or 3 years you are insured.

That is how the life insurance company can guarantee your acceptance for coverage, even if you have serious pre-existing health conditions, or you have been turned down by other insurance carriers.

Some immediate death benefit life insurance plans offer you the option to apply online in minutes, and if approved, start your life insurance coverage right away.