Tuesday, January 4, 2022

What is the Definition of Guaranteed Issue Life Insurance?

Guaranteed issue life insurance is a type of whole life insurance policy that guarantees your approval for coverage.

It means, you cannot be turned down for life insurance if you meet the age requirements and live in a state where the insurance company offers the plan.

With guaranteed issue life insurance there is no health exam required, and you won't have to answer any questions about the status of your health.

Even of you have a serious pre-existing health problem, or have been turned down by other insurers, you can still get insured.

Usually, these plans are available for people between the ages of 45 to 75 years old.

One highly-rated insured offers guaranteed issue coverage for people ages 45 to 85. Get a free quote.

 

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