If you’re an older adult or someone with health issues, finding life insurance can feel overwhelming. Many policies require medical exams or ask invasive health questions, leaving you feeling excluded. That’s where guaranteed issue life insurance comes in. It’s designed for people like you—no medical exams, no health questions, and guaranteed approval.
But how much coverage can you get? Let’s explore the maximum amount of guaranteed issue life insurance and how it can work for you.
What Is Guaranteed Issue Life Insurance?
This type of policy is permanent life insurance, meaning it lasts your entire life. It provides a death benefit to your loved ones, helping cover final expenses, medical bills, or even leaving a legacy. The best part? You can’t be turned down, no matter your health history.
How Much Coverage Can You Get?
The maximum amount of guaranteed issue life insurance varies by age and insurance company. For example:
Allstate Benefits Insurance Company offers up to $75,000 of coverage for individuals aged 18 to 70.
Mutual of Omaha provides up to $25,000 of coverage for those aged 45 to 85.
These amounts are designed to meet essential needs, like covering funeral costs or paying off small debts. If you need more coverage, you can own more than one policy or buy from multiple insurance companies.
Why It’s a Great Option for Older Adults
As we age, health issues often become a reality. Guaranteed issue life insurance eliminates the stress of medical underwriting. Whether you’re managing a chronic condition or simply want to plan ahead, this policy ensures you can leave something behind for your family.
Additional Benefits
Lifetime Protection: Your coverage never expires as long as premiums are paid.
Cash Value: Some policies build cash value over time, which you can borrow against if needed.
Peace of Mind: Knowing your loved ones are protected is priceless.
A Simple, Hassle-Free Process
Applying is quick and easy—no need to meet with an agent or wait weeks for approval. You can get insured fast, often with no delays.
If you’ve been turned down for life insurance before or worry about your health, guaranteed issue life insurance is here to help. It’s a straightforward way to protect your family and leave a lasting legacy. Plan ahead today—because everyone deserves peace of mind.
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