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.

How Life Insurance Works After Death

How does life insurance coverage work after you die?

Once you have passed away, your beneficiary would need to contact your life insurance company and make a claim on your policy in order to receive the death benefits from your insurance.

That's why it is so important to make sure you let your beneficiary know that you have life insurance, where the policy is located, and what to do once you've died, so they can get the proceeds from your life insurance.

Learn more about how life insurance work after you die.

Life Insurance for Income Protection

Is there life insurance I can get to protect my income for my family if I die?

Yes, there are life insurance plans available to help protect (replace) your income for your family should you die.

Term life is the most affordable option, offering coverage for a period of up to 30 years.

The proceeds from the life insurance policy go to your beneficiaries and can be used for any purpose; such as, to pay for living expenses, pay off debt, and maintain your family's lifestyle.

Here's how to get life insurance for income protection.

Shopping for Multiple Life Insurance Quotes

How can I get multiple quotes for life insurance?

It's simple. To compare multiple quotes for life insurance you just visit a life insurance website online and fill out a short Quote Request form.

It only takes a minute, and then you instantly see the lowest prices from the insurers offered.

Make sure you answer all questions truthfully when requesting a free quote, especially if you smoke or not.

By comparing multiple life insurance quotes you may save quite a bit of money on your policy.

Here's how to compare multiple life insurance quotes online.

Can You Be Denied Life Insurance?

Yes, you can be turned down for life insurance coverage.

There are many reasons why someone may be turned down for life insurance.

Some of the most common reasons for being declined for life insurance include old age, poor health, history of cancer, drug and/or alcohol abuse, DUI's, high risk occupation or high risk hobbies, among other things.

However, you may still have other options available for life insurance, including contacting high risk life insurance carriers and brokers who specialize in placing life insurance for high risk people - or buying guaranteed issue life insurance.

Learn more about whether you can be denied life insurance and what to do.

Life Insurance to Pay off Debt?

Can I buy life insurance coverage to pay off my debt?

Yes, you may purchase term life or permanent life insurance, and the proceeds may be used by your beneficiary to pay off any debt you leave behind upon your death.

Many people use life insurance to provide their loved ones with the funds needed to pay off their remaining debt.

For example, 20 or 30-year term life insurance is often used to provide mortgage protection, so your family has the money needed to pay off the mortgage loan should you die before it is fully repaid.

Some common debts people use life insurance to pay off include home mortgage, auto mortgage, personal loans, college loans, taxes owed the IRS, and hospital and healthcare bills, among other things.

Here's how to get affordable life insurance to pay off debt.

The Easiest Life Insurance to Get

What is the easiest life insurance plan to buy?

The quickest and easiest way to get life insurance is to purchase a quick-issue, simplified term life insurance policy over the internet.

Today there are several life insurers that offer same-day coverage to qualified applicants who are healthy and between the age of 18 to 60.

You can apply online and qualify to purchase coverage in as little as 15 minutes.

Although there are no exams needed, you will be required to answer some questions about your health.

Here's how to get the easiest life insurance coverage.