Guaranteed Issue Life Insurance
Guaranteed issue life insurance is exactly what it sounds like-
a policy that is guaranteed no matter what your health issue. If you've been turned
down for life insurance before because of health problems, then this is the type of
insurance that is best for you.
Features of Guaranteed Issue Life Insurance:
- No Medical Exams
- No Medical Questions
- Level Premiums
- Graded Benefits
- Builds Cash Value
Guaranteed Issue Life Insurance - You Won't Be Turned Down
With this type of policy, the benefits are graded, which means the death benefits are limited
for the first two years. For example, if you die within the first couple years, the
company may only pay out 25% of the death benefit in the first year and 50% in the
second year. By the third year, the death benefit is usually 100% payable to your
beneficiaries.
If you have been turned down for life insurance in the past or if you have some
health issues and you don't think you can qualify for a policy, then you should
consider guaranteed issue coverage. The first step is to compare rates for your
particular situation.
Guaranteed Issue Life Insurance - Compare Rates Today
Get a free no obligation quote for
guaranteed issue life insurance and compare multiple quotes from the nation's
highest rated carriers. Rates can vary by as much as 70% so it definitely pays to
compare.
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