Guaranteed Acceptance Life Insurance

Guaranteed Life Insurance for Seniors over 80

July 14, 2019

Can seniors over 80 years old get life insurance with guaranteed approval?

Yes. Depending on your age, budget, and the state in which you live, you may be able to get guaranteed issue life insurance if you are over 80 years old.

For example, one highly-rated life insurance carrier offers guaranteed approval life insurance for people ages 45 to 85.

There's no medical exam required and you won't have to answer any questions about your health.

You can even get insured if you have been denied coverage by other insurance carriers.

Keep in mind, guaranteed life insurance has graded (limited) death benefits the first two years you are insured.

Here's how to get guaranteed life insurance for seniors over 80.

Posted by hadley hadley. Posted In : Guaranteed Acceptance Life Insurance

How Much Does Guaranteed Life Insurance Cost?

September 7, 2013

Guaranteed Life Insurance costs approximately $100 a month for $25,000 of guaranteed issue whole life insurance for a 55 year old male.

Guaranteed issue life insurance usually is whole life and is graded during the first 2 to 3 years. This means you will not have full coverage until you have been insured by the life insurance policy for at least 2 or 3 years, depending on the terms of the policy.

Some guaranteed life insurance plans will raise prices periodica...

Posted by hadley hadley. Posted In : Guaranteed Acceptance Life Insurance

What Is Guaranteed Life Insurance?

August 8, 2013

Guaranteed life insurance is a type of life insurance plan that makes it easier for people to qualify for coverage.

It means you are guaranteed to get insured if you meet the requirements, usually you have to be of a certain age to qualify for guaranteed life insurance.

In addition, the amount of life insurance provided may be limited to up to $30,000 of life insurance, and the rate you pay will be higher because people may qualify for are unable to get insurance elsewhere, so there is a higher...
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Posted by hadley hadley. Posted In : Guaranteed Acceptance Life Insurance

Distinctions between Insurable and Uninsurable Risks for Life Insurance?

May 6, 2013

There are many different types of life insurance and applicants applying for life insurance coverage.

But whether or not you are insurable, or considered uninsurable, is determined by the insurance company you apply to for coverage.

Your insurability will depend on your risk factors, such as, your health, age, gender, family health history, occupation, hobbies, if you smoke or not, height-to-weight ratio, driving record, lifestyle, use of legal or illegal drugs, your credit history, etc.

All of ...
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Posted by hadley hadley. Posted In : Guaranteed Acceptance Life Insurance

Is there a life insurance company that will cover you regardless of your health?

February 23, 2013

Yes, there are life insurance companies that offer coverage for people in poor health.

These plans are usually called guaranteed issue or graded benefit life insurance policies.

Some insurance carriers that may offer guaranteed life insurance plans include Colonial Penn, AARP/NewYork Life, Mutual of Omaha and Globe Life.

Usually, the full life insurance coverage is not available until you have been insured by the policy for at least 2 years. If you die before 2 years have passed since you bought...
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Posted by hadley hadley. Posted In : Guaranteed Acceptance Life Insurance

Life Insurance for 60 Year Old - Declined for Coverage?

January 26, 2013

I am a 60 year old healthy woman. I am a Non smoker and non drinker.

I was recently refused a life insurance policy. I have allergies, and asthma. Where can I get life insurance?

If you have been denied life insurance, you may have other health issues you are not aware of at this time. You can contact the life insurance company that denied you coverage and ask why you were declined, what specific reason(s).

However, even though you were denied life insurance, you may still be ...
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Posted by hadley hadley. Posted In : Guaranteed Acceptance Life Insurance