Friday, July 1, 2022

What is the Maximum Amount of Guaranteed Issue Life Insurance?

The largest amount of life insurance you may purchase from any one insurer with guaranteed approval is usually around $25,000.


Guaranteed issue life insurance plans are permanent life insurance policies with lifetime coverage, providing a death benefit, and they may build some cash value inside the policy.


Guaranteed Issue basically means you cannot be turned down for coverage, if you meet the age requirement for approval. Get a free quote.


With guaranteed life insurance you will not have to take a health exam or answer any questions about your health.


If needed, you may be able to buy a guaranteed issue life insurance policy from more than one insurance carrier.

 

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