Guaranteed-Issue Life Insurance
Life insurance with no health questions — small face amounts, graded death benefit, highest cost per dollar of coverage.
Full explanation
Guaranteed-issue life insurance accepts all applicants with no health questions and no medical exam. Available only at small face amounts ($10,000-$25,000) and older age brackets. Includes a graded death benefit — in years 1-2, the policy pays only return of premium plus interest (typically 8-10%); year 3+ pays the full face amount. Premium is the highest per dollar of coverage of any life insurance type. Right for: people with serious health conditions who can't qualify for any underwritten product but want to ensure funeral costs are covered. Wrong for: anyone who could qualify for simplified-issue or AU at lower cost.
Need help with Guaranteed-Issue Life Insurance? Call 256-800-4885 for free guidance from a licensed insurance agent in our nationwide network.