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You can get life insurance as soon as you are able to legally sign for it. I know people who have gotten married at the age of 18 and signed up for life insurance. It is definitely something you should look into, especially if you have a family.

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Wiki User

15y ago

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What should I consider when purchasing a guaranteed life insurance package?

When purchasing guaranteed life insurance, you should consider whether you want to purchase guaranteed whole life or guaranteed term life. Benefits and coverage never change with guaranteed whole life. Guaranteed term life has lower premium, can be used to pay off high debt and no medical exam is needed. In addition, when purchasing guaranteed life insurance there is a waiting period before you receive full coverage, and you’re covered for a specific time period.


Where can I purchase guaranteed insurability life insurance?

you can purchase guaranteed insurability life insurance . you can check on this www.MutualofOmahaLife.com or www.AccuQuoteLife.com


What is Guaranteed issue life insurance?

Guaranteed issue life insurance is life insurance that is guaranteed acceptance. That means if you apply you are guaranteed to be accepted for life insurance coverage. However, you usually have to be a certain, like 45-75. Also, the amount of coverage is not fully available until 1-2 years after you own the policy - this is called graded benefit life insurance.


What are the terms for vaiable life insurance?

You should consider life insurance that covers you for the amount you need. Term life insurance is one form of coverage.


If I am disabled can I have guaranteed insurability life insurance?

You may be able to find this type of coverage but it will be very exspensive. You should speak with an insurance specialist.


Can a convicted 1st offense felon with no jail time renew a life insurance license in PA?

Most decent life insurance policies should have their renewable status guaranteed.


Does Saga Life Insurance offer guaranteed life insurance?

Yes, Saga Insurance has guaranteed life insurance policies. You must live in the U.K. and they specialize in covering people between 50 and 85. When you visit their Website and you click insurance you may not see the guarantee life policy options. You will have to click on the small word "Home" under the word Saga and then run your pointer over "Insurance" next the word Saga, when you do this a bunch of insurance options will show up then click "Guaranteed Life Insurance" and you will find all you need to know about their services. Or go to saga.co.uk/money/guaranteed-life-insurance.aspx


What is interest sensitive whole life insurance?

It is a guaranteed fixed premium permanent life insurance policy. It usually has a Guaranteed Minimum Cash Value that increases each year.


please define guaranteed acceptance life insurance?

This term means that you are guaranteed accepted for this insurance as long as you are able to keep the payments. There are no health questions are tests that needed to be done as with other standard life insurance.


What life insurance term should I consider when choosing a policy?

When choosing a life insurance policy, consider the term length that best fits your needs, such as 10, 20, or 30 years.


What is Guaranteed minimum rate of interest Life Insurance?

fixed


What are some options for a cheap life insurance plan?

Some options for a cheap life insurance plan include term life insurance, group life insurance through an employer, and guaranteed issue life insurance.