Quand le sénateur Andris Riché repo Jean Monard Metellus en DIRECT...
Quand le sénateur Andris Riché repo Jean Monard Metellus en DIRECT...
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Acceptance Life Insurance: Best Companies & What to Look Out For
Guaranteed acceptance life insurance, also called guaranteed issue or GI life insurance, is typically a whole life insurance policy with a limited death benefit. As with other whole life insurance policies, guaranteed issue policies will build a cash value over time and coverage lasts as long as you continue to pay the premiums. However, death benefits are typically restricted to less than $25,000.
Unlike most life insurance policies, there are no health questions when applying for guaranteed acceptance insurance and you don’t have to take a medical exam. Quotes are entirely based upon your age, location and gender. Given the simplicity of the application, you can often get instant coverage, and in many cases purchase online.
The downside to guaranteed acceptance whole life insurance is that quotes will be significantly more expensive since the insurer has no health details and has to assume you’re high-risk.
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