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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 else can I help you with?
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.
Are you required to take a physical exam to purchase life insurance?
Not all insurance companies require a physical exam to issue life insurance. You can get up to $400,000 life insurance without a medical exam, depending on age and health issues. There are also guaranteed to issue policies, that will issue up to $35k - $50k even if the client has pre-existing conditions. These are called Final Expense life insurance.
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
Which has best guaranteed life insurance policy?
You have to check with a good life agent or broker who can offer comparisons from multiple companies. The decision will ultimately be yours based on the recommendations. I know of quite a few Guaranteed Issue Life companies.
Can you get life insurance for a parent that has less then a year to live?
There are guaranteed issue limited pay for 3 years policies around. Check the link.
Do you have guaranteed issue health insurance?
No but...how about 'almost' guaranteed issue coverage? I have plans with as little as one knock-out question and several with just a few disqualifiers. What state do you live in ans what is your issue?
Refusal of life insurance?
Refusal as in you were declined? There are other options. You can now take issue with the reason for decline and maybe apply again, look at other insurance companies or buy guaranteed issue insurance. In any event you will need the help of a knowledgeable broker to help you!
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.
What is best way to buy life insurance for an elderly parent who may face death soon?
Final expense life insurance policies are available, and some are guaranteed issue plans, others have a simplified issue underwriting. A good agent can find your parent's best options.
Where can a person that has a history of drug use get life insurance in New York City?
Probably - If nothing else there is Guaranteed Issue Life Insurance with limited benefits for the first 3 years. Contact a local life Insurance Agent and ask. For more information see www.SteveShorr.com/life.htm
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
Can I buy guaranteed issue life insurance with no medical exam without the person knowing it?
Usually, the insurance company will require that the insured person give permission and sign the application for coverage. In addition, you must have an insurable interest on the person you want to insure for life insurance.
