Need an Alternative?
It's Here! Guaranteed Issue Life Insurance
These insurance plans are for those who, unfortunately, have more serious health issues. We know that if you’re looking at this page, you probably have severe health concerns which make obtaining Burial Insurance or Life Insurance more challenging. We can help!
Here is the good news: as long as you live in a state where an insurance company offers a Guaranteed Issue Life Insurance plan and you fall within the coverage age range, you cannot be turned down for health reasons, hence the term “Guaranteed Issue.” These insurance policies are usually more expensive than the Level type insurance plans, however, they still provide a great way to prepay for your final expenses and handle your funeral arrangements.
We're here to help you!
We can quote, shop, and compare all the insurance companies for rates and unique fits for your specific health status. Put us to work for you! Contact us by filling out the Hassle-Free Quote form or give us a call at (888) 954-3327.
Need an Alternative?
It's Here! Guaranteed Issue Life Insurance
These insurance plans are for those who, unfortunately, have more serious health issues. We know that if you’re looking at this page, you probably have severe health concerns which make obtaining Burial Insurance or Life Insurance more challenging. We can help!
Here is the good news: as long as you live in a state where an insurance company offers a Guaranteed Issue Life Insurance plan and you fall within the coverage age range, you cannot be turned down for health reasons, hence the term “Guaranteed Issue.” These insurance policies are usually more expensive than the Level type insurance plans, however, they still provide a great way to prepay for your final expenses and handle your funeral arrangements.
Need an Alternative?
It's Here! Guaranteed Issue Life Insurance
These insurance plans are for those who, unfortunately, have more serious health issues. We know that if you’re looking at this page, you probably have severe health concerns which make obtaining Burial Insurance or Life Insurance more challenging. We can help!
Here is the good news: as long as you live in a state where an insurance company offers a Guaranteed Issue Life Insurance plan and you fall within the coverage age range, you cannot be turned down for health reasons, hence the term “Guaranteed Issue.” These insurance policies are usually more expensive than the Level type insurance plans, however, they still provide a great way to prepay for your final expenses and handle your funeral arrangements.
We're here to help you!
We can quote, shop, and compare all the insurance companies for rates and unique fits for your specific health status. Put us to work for you! Contact us by filling out the Hassle-Free Quote form or give us a call at (888) 954-3327.
We're here to help you!
We can quote, shop, and compare all the insurance companies for rates and unique fits for your specific health status. Put us to work for you! Contact us by filling out the Hassle-Free Quote form or give us a call at (888) 954-3327.
The Guaranteed Issue Platform:
How Can This Help Me?
The Guaranteed Issue Life Insurance platform is designed to offer individuals, with severe health concerns, access to insurance coverage for burial expenses. These Impaired Risk insurance programs offer guaranteed acceptance for individuals who have a history, in the last five years, of heart attack, stroke, cancer, insulin diabetes, full-time oxygen use or HIV/AIDS diagnosis. The only restrictions to acceptance on these policies is the minimum/maximum age covered and you must reside in a state where an insurance plan like this is offered.
Graded insurance plans like these are distinguishable from Level insurance plans by the additional waiting period that is imposed. They are not an immediate full value policy. If death occurs prior to the satisfaction of the waiting period, for any reason other than by accident, your beneficiary(s) will receive a return of any premium payments along with a pre-established amount of interest or a percentage of the face value of the insurance policy.
After the initial graded waiting period has been met, the FULL FACE VALUE of the insurance policy will be available for any cause of death occurring from that point forward.
After the initial graded waiting period has been met, the FULL FACE VALUE of the insurance policy will be available for any cause of death occurring from that point forward.
The typical waiting period for these insurance policies range from two to three years and vary depending upon the policy or program. This waiting period is needed to protect the insurance companies, but it allows them to serve many additional customers with critical health conditions. Once the waiting period has been met, or if death occurs by accident, your family will collect the full face value of this insurance policy.
What are the Pros & Cons?
There are Pros and Cons to choosing Guaranteed Issue Life Insurance over Burial Expense Insurance. These have to be considered along with the cost and availability of insurance plans for each individual seeking to cover burial and other funeral expenses.
Pros for Choosing
Guaranteed Issue Life
- Acceptance is Guaranteed
- Plans are designed to LAST YOUR LIFETIME
- Great Issue ages 45 – 80
- Price is very low at younger ages
- PRICE never goes up, BENEFITS never go down
- Obtaining coverage is Easy
- Significant health issues are not a problem
Cons for Choosing
Guaranteed Issue Life
- Older ages may cost more
- Hard to get much past $50,000 – $100,000
- Usually Graded for 2 – 3 years for death
What are the Pros & Cons?
There are Pros and Cons to choosing Guaranteed Issue Life Insurance over Burial Expense Insurance. These have to be considered along with the cost and availability of insurance plans for each individual seeking to cover burial and other funeral expenses.
Pros for Choosing
Guaranteed Issue Life
- Acceptance is Guaranteed
- Plans are designed to
LAST YOUR LIFETIME
- Great Issue ages 45 – 80
- Price is very low at younger ages
- PRICE never goes up
- BENEFITS never go down
- Obtaining coverage is Easy
- Significant health issues are not a problem
Cons for Choosing
Guaranteed Issue Life
- Older ages may cost more
- Hard to get much past $50,000 – $100,000
- Usually Graded for 2 – 3 years for death