What is life insurance with guaranteed approval?

It's a type of whole life insurance policy that guarantees your acceptance for a policy.

Basically, you cannot be turned down for coverage if you meet the age requirements.

With guaranteed acceptance policies there is no health examination required, and you won't have to answer any questions about your health.

Even if you have been denied coverage by other insurers, you may still be able to get insured.

For example, one highly-rated life insurer offers up to $25,000 of guaranteed approval life insurance for people ages 45 to 85 years old.