If you’ve had problems qualifying for life insurance, guaranteed issue life insurance may be what you need˳ Here’s how to find the best insurance policy with the best rate˳
What is Guaranteed Issue Life Insurance?
Most life insurance policies require you to take a medical exam˳ If you have a serious medical condition, you may be turned down for coverage with these policies˳ But with guaranteed issue life insurance no medical exam is required˳ At the most, you’ll have to answer some health-related questions, although some policies don’t even require that˳
The catch to a guaranteed issue life insurance policy is that it provides a graded benefit˳ The beneficiary receives the full death benefit amount of the policy only after a specified length of time from the issue date of the policy, usually two or three years˳ If the insured dies before the end of this time, the beneficiary only receives the premiums paid plus interest˳
Finding a Guaranteed Issue Life Insurance Policy
Begin your search for the best rates on a guaranteed issue life insurance policy by visiting an insurance comparison website˳ Such a website offers you many advantages:
* It’s easy – you only need to fill out your insurance information one time˳
* It’s fast – you get fast quotes for your guaranteed issue life insurance policy˳
* It’s reliable – the quotes you receive are from A-rated insurance companies˳
In addition, these websites make it easy for you to compare rates from several companies so you can choose the cheapest rate and the policy that’s best for you˳ The best insurance comparison websites even offer a chat feature staffed by insurance professionals˳ You can ask these professionals all your questions about guaranteed issue life insurance and be assured that you’ll receive accurate and helpful answers˳
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